taxes Property Tax Assistance

2019 ISD Summary Worksheet

001-Anderson

001-904/Frankston ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	70,421,256	0.9163	76,853,930	70,421,256
B. MULTIFAMILY RESIDENCES	1,964,162	N/A	1,964,162	1,964,162
C1. VACANT LOTS	1,506,793	N/A	1,506,793	1,506,793
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	4,050,930	0.8084	5,010,903	4,050,930
D2. REAL PROP:FARM & RANCH	250,123	N/A	250,123	250,123
E. REAL PROP NONQUAL ACREAGE	70,211,665	0.9341	75,165,041	70,211,665
F1. COMMERCIAL REAL	15,720,875	0.9078	17,317,553	15,720,875
F2. INDUSTRIAL REAL	633,666	N/A	633,666	633,666
G. OIL,GAS,MINERALS	9,839,483	N/A	9,839,483	9,839,483
J. UTILITIES	15,934,807	0.8928	17,848,126	15,934,807
L1. COMMERCIAL PERSONAL	3,855,034	N/A	3,855,034	3,855,034
L2. INDUSTRIAL PERSONAL	13,071,052	N/A	13,071,052	13,071,052
M. MOBILE HOMES	4,237,735	N/A	4,237,735	4,237,735
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	346,999	N/A	346,999	346,999
S. SPECIAL INVENTORY	2,098,571	N/A	2,098,571	2,098,571
Subtotal	214,143,151	0	229,999,171	214,143,151
Less Total Deductions	40,546,479	0	44,726,336	40,546,479
Total Taxable Value	173,596,672	0	185,272,835	173,596,672

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
180,245,558	173,596,672	171,140,984	164,492,098

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
6,648,886	9,104,574

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
180,245,558	173,596,672	171,140,984	164,492,098

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

107-Henderson

001-904/Frankston ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	95,969,870	N/A	95,969,870	95,969,870
B. MULTIFAMILY RESIDENCES	113,900	N/A	113,900	113,900
C1. VACANT LOTS	5,763,150	N/A	5,763,150	5,763,150
D1. QUALIFIED AG LAND	962,480	N/A	962,480	962,480
D2. REAL PROP:FARM & RANCH	267,580	N/A	267,580	267,580
E. REAL PROP NONQUAL ACREAGE	21,964,950	N/A	21,964,950	21,964,950
F1. COMMERCIAL REAL	3,775,980	N/A	3,775,980	3,775,980
G. OIL,GAS,MINERALS	952,550	N/A	952,550	952,550
J. UTILITIES	1,805,290	N/A	1,805,290	1,805,290
L1. COMMERCIAL PERSONAL	1,560,410	N/A	1,560,410	1,560,410
L2. INDUSTRIAL PERSONAL	6,750	N/A	6,750	6,750
M. MOBILE HOMES	756,340	N/A	756,340	756,340
Subtotal	133,899,250	0	133,899,250	133,899,250
Less Total Deductions	33,515,281	0	33,515,281	33,515,281
Total Taxable Value	100,383,969	0	100,383,969	100,383,969

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
104,158,130	100,383,969	97,743,419	93,969,258

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,774,161	6,414,711

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
104,158,130	100,383,969	97,743,419	93,969,258

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

001-904-02/Frankston ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	166,391,126	0.9628	172,823,800	166,391,126
B. MULTIFAMILY RESIDENCES	2,078,062	N/A	2,078,062	2,078,062
C1. VACANT LOTS	7,269,943	N/A	7,269,943	7,269,943
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	5,013,410	0.8393	5,973,383	5,013,410
D2. REAL PROP:FARM & RANCH	517,703	N/A	517,703	517,703
E. REAL PROP NONQUAL ACREAGE	92,176,615	0.9490	97,129,991	92,176,615
F1. COMMERCIAL REAL	19,496,855	0.9243	21,093,533	19,496,855
F2. INDUSTRIAL REAL	633,666	N/A	633,666	633,666
G. OIL,GAS,MINERALS	10,792,033	N/A	10,792,033	10,792,033
J. UTILITIES	17,740,097	0.9026	19,653,416	17,740,097
L1. COMMERCIAL PERSONAL	5,415,444	N/A	5,415,444	5,415,444
L2. INDUSTRIAL PERSONAL	13,077,802	N/A	13,077,802	13,077,802
M. MOBILE HOMES	4,994,075	N/A	4,994,075	4,994,075
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	346,999	N/A	346,999	346,999
S. SPECIAL INVENTORY	2,098,571	N/A	2,098,571	2,098,571
Subtotal	348,042,401		363,898,421	348,042,401
Less Total Deductions	74,061,760		78,241,617	74,061,760
Total Taxable Value	273,980,641		285,656,804	273,980,641

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
284,403,688	273,980,641	268,884,403	258,461,356

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
10,423,047	15,519,285

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
284,403,688	273,980,641	268,884,403	258,461,356

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