taxes Property Tax Assistance

2021 ISD Summary Worksheet

110-Hockley /Hockley County

152-907/Frenship ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 3,376,400 N/A 3,376,400 3,376,400
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 519,630 N/A 519,630 519,630
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 533,300 N/A 533,300 533,300
D2 - FARM & RANCH IMP 2,310 N/A 2,310 2,310
E - NON-AG LAND AND IMPROVEMENTS 193,521 N/A 193,521 193,521
F1 - COMMERCIAL REAL 7,370 N/A 7,370 7,370
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 384,650 N/A 384,650 384,650
J - ALL UTILITIES 154,640 N/A 154,640 154,640
L1 - COMMERCIAL PERSONAL 1,850 N/A 1,850 1,850
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 95,000 N/A 95,000 95,000
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 5,268,671 0 5,268,671 5,268,671
Less Total Deductions 737,066 0 737,066 737,066
Total Taxable Value 4,531,605 0 4,531,605 4,531,605

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
4,655,685 4,531,605 4,655,685 4,531,605


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
124,080 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
4,655,685 4,531,605 4,655,685 4,531,605

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-Lubbock /Lubbock County

152-907/Frenship ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 3,442,847,355 0.9866 3,489,608,104 3,442,847,355
B - MULTIFAMILY 442,553,031 1.0018 441,757,867 442,553,031
C1 - VACANT LOTS 126,198,032 N/A 126,198,032 126,198,032
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,180,054 0.9433 11,851,998 11,180,054
D2 - FARM & RANCH IMP 2,768,265 N/A 2,768,265 2,768,265
E - NON-AG LAND AND IMPROVEMENTS 114,320,876 N/A 114,320,876 114,320,876
F1 - COMMERCIAL REAL 1,028,096,024 0.9490 1,083,346,706 1,028,096,024
F2 - INDUSTRIAL REAL 9,925,569 N/A 9,925,569 9,925,569
G - ALL MINERALS 856,160 N/A 856,160 856,160
J - ALL UTILITIES 88,144,951 N/A 88,144,951 88,144,951
L1 - COMMERCIAL PERSONAL 283,914,727 0.9923 286,117,834 283,914,727
L2 - INDUSTRIAL PERSONAL 19,427,307 N/A 19,427,307 19,427,307
M1 - MOBILE HOMES 16,980,704 N/A 16,980,704 16,980,704
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 14,817,709 N/A 14,817,709 14,817,709
S - SPECIAL INVENTORY 58,519,221 N/A 58,519,221 58,519,221
Subtotal 5,660,549,985 0 5,764,641,303 5,660,549,985
Less Total Deductions 517,640,944 0 528,016,559 517,640,944
Total Taxable Value 5,142,909,041 0 5,236,624,744 5,142,909,041

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
5,245,409,757 5,142,909,041 5,245,409,757 5,142,909,041


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
102,500,716 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
5,245,409,757 5,142,909,041 5,245,409,757 5,142,909,041

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 3,446,223,755 0.9866 3,492,984,504 3,446,223,755
B - MULTIFAMILY 442,553,031 1.0018 441,757,867 442,553,031
C1 - VACANT LOTS 126,717,662 N/A 126,717,662 126,717,662
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,713,354 0.9457 12,385,298 11,713,354
D2 - FARM & RANCH IMP 2,770,575 N/A 2,770,575 2,770,575
E - NON-AG LAND AND IMPROVEMENTS 114,514,397 N/A 114,514,397 114,514,397
F1 - COMMERCIAL REAL 1,028,103,394 0.9490 1,083,354,076 1,028,103,394
F2 - INDUSTRIAL REAL 9,925,569 N/A 9,925,569 9,925,569
G - ALL MINERALS 1,240,810 N/A 1,240,810 1,240,810
J - ALL UTILITIES 88,299,591 N/A 88,299,591 88,299,591
L1 - COMMERCIAL PERSONAL 283,916,577 0.9923 286,119,684 283,916,577
L2 - INDUSTRIAL PERSONAL 19,427,307 N/A 19,427,307 19,427,307
M1 - MOBILE HOMES 17,075,704 N/A 17,075,704 17,075,704
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 14,817,709 N/A 14,817,709 14,817,709
S - SPECIAL INVENTORY 58,519,221 N/A 58,519,221 58,519,221
Subtotal 5,665,818,656 5,769,909,974 5,665,818,656
Less Total Deductions 518,378,010 528,753,625 518,378,010
Total Taxable Value 5,147,440,646 5,241,156,349 5,147,440,646

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
5,250,065,442 5,147,440,646 5,250,065,442 5,147,440,646


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
102,624,796 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
5,250,065,442 5,147,440,646 5,250,065,442 5,147,440,646

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