taxes Property Tax Assistance

2018 ISD Summary Worksheet

198-Robertson

198-903/Franklin ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 174,621,835 N/A 174,621,835 174,621,835
B. MULTIFAMILY RESIDENCES 3,390,458 N/A 3,390,458 3,390,458
C1. VACANT LOTS 4,814,157 N/A 4,814,157 4,814,157
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 15,457,141 N/A 15,457,141 15,457,141
D2. REAL PROP:FARM & RANCH 33,750,845 N/A 33,750,845 33,750,845
E. REAL PROP NONQUAL ACREAGE 209,262,957 N/A 209,262,957 209,262,957
F1. COMMERCIAL REAL 19,501,329 N/A 19,501,329 19,501,329
F2. INDUSTRIAL REAL 1,091,932,167 N/A 1,091,932,167 1,091,932,167
G. OIL,GAS,MINERALS 281,796,054 N/A 281,796,054 281,796,054
J. UTILITIES 89,221,775 N/A 89,221,775 89,221,775
L1. COMMERCIAL PERSONAL 8,277,304 N/A 8,277,304 8,277,304
L2. INDUSTRIAL PERSONAL 93,142,931 N/A 93,142,931 93,142,931
M. MOBILE HOMES 11,158,652 N/A 11,158,652 11,158,652
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 2,036,327,605 0 2,036,327,605 2,036,327,605
Less Total Deductions 337,406,331 0 337,406,331 337,406,331
Total Taxable Value 1,698,921,274 0 1,698,921,274 1,698,921,274

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
1,711,774,039 1,698,921,274 1,711,774,039 1,698,921,274


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,852,765 0


T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
1,711,774,039 1,698,921,274 1,711,774,039 1,698,921,274

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction


T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

198-903-02/Franklin ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 174,621,835 N/A 174,621,835 174,621,835
B. MULTIFAMILY RESIDENCES 3,390,458 N/A 3,390,458 3,390,458
C1. VACANT LOTS 4,814,157 N/A 4,814,157 4,814,157
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 15,457,141 N/A 15,457,141 15,457,141
D2. REAL PROP:FARM & RANCH 33,750,845 N/A 33,750,845 33,750,845
E. REAL PROP NONQUAL ACREAGE 209,262,957 N/A 209,262,957 209,262,957
F1. COMMERCIAL REAL 19,501,329 N/A 19,501,329 19,501,329
F2. INDUSTRIAL REAL 1,091,932,167 N/A 1,091,932,167 1,091,932,167
G. OIL,GAS,MINERALS 281,796,054 N/A 281,796,054 281,796,054
J. UTILITIES 89,221,775 N/A 89,221,775 89,221,775
L1. COMMERCIAL PERSONAL 8,277,304 N/A 8,277,304 8,277,304
L2. INDUSTRIAL PERSONAL 93,142,931 N/A 93,142,931 93,142,931
M. MOBILE HOMES 11,158,652 N/A 11,158,652 11,158,652
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 2,036,327,605 2,036,327,605 2,036,327,605
Less Total Deductions 337,406,331 337,406,331 337,406,331
Total Taxable Value 1,698,921,274 1,698,921,274 1,698,921,274

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
1,711,774,039 1,698,921,274 1,711,774,039 1,698,921,274


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,852,765 0


T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50 % of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50 % of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
1,711,774,039 1,698,921,274 1,711,774,039 1,698,921,274

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption