taxes Property Tax Assistance

2021 ISD Summary Worksheet

198-Robertson /Robertson County

198-903/Franklin ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 214,410,349 0.8516 251,773,543 251,773,543
B - MULTIFAMILY 5,004,966 N/A 5,004,966 5,004,966
C1 - VACANT LOTS 6,858,523 N/A 6,858,523 6,858,523
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 22,073,689 1.3505 16,345,227 16,345,227
D2 - FARM & RANCH IMP 37,155,110 N/A 37,155,110 37,155,110
E - NON-AG LAND AND IMPROVEMENTS 258,365,144 0.9410 274,564,446 274,564,446
F1 - COMMERCIAL REAL 19,969,160 N/A 19,969,160 19,969,160
F2 - INDUSTRIAL REAL 1,134,201,100 N/A 1,134,201,100 1,134,201,100
G - ALL MINERALS 173,687,833 0.9690 179,244,410 179,244,410
J - ALL UTILITIES 114,885,237 0.9459 121,456,007 121,456,007
L1 - COMMERCIAL PERSONAL 11,544,451 N/A 11,544,451 11,544,451
L2 - INDUSTRIAL PERSONAL 79,684,414 N/A 79,684,414 79,684,414
M1 - MOBILE HOMES 13,949,526 N/A 13,949,526 13,949,526
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 96,000 N/A 96,000 96,000
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 2,091,885,502 0 2,151,846,883 2,151,846,883
Less Total Deductions 356,707,943 0 378,122,425 378,122,425
Total Taxable Value 1,735,177,559 0 1,773,724,458 1,773,724,458

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
1,787,660,391 1,773,724,458 1,787,660,391 1,773,724,458


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,935,933 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
1,787,660,391 1,773,724,458 1,787,660,391 1,773,724,458

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

198-903-02/Franklin ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 214,410,349 0.8516 251,773,543 251,773,543
B - MULTIFAMILY 5,004,966 N/A 5,004,966 5,004,966
C1 - VACANT LOTS 6,858,523 N/A 6,858,523 6,858,523
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 22,073,689 1.3505 16,345,227 16,345,227
D2 - FARM & RANCH IMP 37,155,110 N/A 37,155,110 37,155,110
E - NON-AG LAND AND IMPROVEMENTS 258,365,144 0.9410 274,564,446 274,564,446
F1 - COMMERCIAL REAL 19,969,160 N/A 19,969,160 19,969,160
F2 - INDUSTRIAL REAL 1,134,201,100 N/A 1,134,201,100 1,134,201,100
G - ALL MINERALS 173,687,833 0.9690 179,244,410 179,244,410
J - ALL UTILITIES 114,885,237 0.9459 121,456,007 121,456,007
L1 - COMMERCIAL PERSONAL 11,544,451 N/A 11,544,451 11,544,451
L2 - INDUSTRIAL PERSONAL 79,684,414 N/A 79,684,414 79,684,414
M1 - MOBILE HOMES 13,949,526 N/A 13,949,526 13,949,526
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 96,000 N/A 96,000 96,000
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 2,091,885,502 2,151,846,883 2,151,846,883
Less Total Deductions 356,707,943 378,122,425 378,122,425
Total Taxable Value 1,735,177,559 1,773,724,458 1,773,724,458

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
1,787,660,391 1,773,724,458 1,787,660,391 1,773,724,458


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
13,935,933 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
1,787,660,391 1,773,724,458 1,787,660,391 1,773,724,458

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