taxes Property Tax Assistance

2019 ISD Summary Worksheet

152-Lubbock

152-907/Frenship ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,881,638,816 0.9828 2,932,070,427 2,881,638,816
B. MULTIFAMILY RESIDENCES 378,049,681 0.9416 401,497,112 378,049,681
C1. VACANT LOTS 137,018,612 N/A 137,018,612 137,018,612
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 12,839,838 1.2378 10,373,346 12,839,838
D2. REAL PROP:FARM & RANCH 1,328,228 N/A 1,328,228 1,328,228
E. REAL PROP NONQUAL ACREAGE 116,686,993 N/A 116,686,993 116,686,993
F1. COMMERCIAL REAL 925,255,081 1.0009 924,423,100 925,255,081
F2. INDUSTRIAL REAL 8,377,191 N/A 8,377,191 8,377,191
G. OIL,GAS,MINERALS 1,002,950 N/A 1,002,950 1,002,950
J. UTILITIES 60,624,044 N/A 60,624,044 60,624,044
L1. COMMERCIAL PERSONAL 260,530,137 1.0286 253,286,153 260,530,137
L2. INDUSTRIAL PERSONAL 20,327,639 N/A 20,327,639 20,327,639
M. MOBILE HOMES 15,724,590 N/A 15,724,590 15,724,590
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 16,192,355 N/A 16,192,355 16,192,355
S. SPECIAL INVENTORY 54,927,494 N/A 54,927,494 54,927,494
Subtotal 4,890,523,649 0 4,953,860,234 4,890,523,649
Less Total Deductions 443,840,588 0 454,396,479 443,840,588
Total Taxable Value 4,446,683,061 0 4,499,463,755 4,446,683,061

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
4,538,489,375 4,446,683,061 4,538,489,375 4,446,683,061


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
91,806,314 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
4,538,489,375 4,446,683,061 4,538,489,375 4,446,683,061

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

152-907-02/Frenship ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,881,638,816 0.9828 2,932,070,427 2,881,638,816
B. MULTIFAMILY RESIDENCES 378,049,681 0.9416 401,497,112 378,049,681
C1. VACANT LOTS 137,018,612 N/A 137,018,612 137,018,612
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 12,839,838 1.2378 10,373,346 12,839,838
D2. REAL PROP:FARM & RANCH 1,328,228 N/A 1,328,228 1,328,228
E. REAL PROP NONQUAL ACREAGE 116,686,993 N/A 116,686,993 116,686,993
F1. COMMERCIAL REAL 925,255,081 1.0009 924,423,100 925,255,081
F2. INDUSTRIAL REAL 8,377,191 N/A 8,377,191 8,377,191
G. OIL,GAS,MINERALS 1,002,950 N/A 1,002,950 1,002,950
J. UTILITIES 60,624,044 N/A 60,624,044 60,624,044
L1. COMMERCIAL PERSONAL 260,530,137 1.0286 253,286,153 260,530,137
L2. INDUSTRIAL PERSONAL 20,327,639 N/A 20,327,639 20,327,639
M. MOBILE HOMES 15,724,590 N/A 15,724,590 15,724,590
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 16,192,355 N/A 16,192,355 16,192,355
S. SPECIAL INVENTORY 54,927,494 N/A 54,927,494 54,927,494
Subtotal 4,890,523,649 4,953,860,234 4,890,523,649
Less Total Deductions 443,840,588 454,396,479 443,840,588
Total Taxable Value 4,446,683,061 4,499,463,755 4,446,683,061

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
4,538,489,375 4,446,683,061 4,538,489,375 4,446,683,061


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
91,806,314 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
4,538,489,375 4,446,683,061 4,538,489,375 4,446,683,061

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