taxes Property Tax Assistance

2022 ISD Summary Worksheet

110-Hockley /Hockley County

152-907/Frenship ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 3,556,470 N/A 3,556,470 3,556,470
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 2,041,640 N/A 2,041,640 2,041,640
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 517,230 N/A 517,230 517,230
D2 - FARM & RANCH IMP 2,310 N/A 2,310 2,310
E - NON-AG LAND AND IMPROVEMENTS 266,691 N/A 266,691 266,691
F1 - COMMERCIAL REAL 7,370 N/A 7,370 7,370
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 901,230 N/A 901,230 901,230
J - ALL UTILITIES 251,990 N/A 251,990 251,990
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
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 7,639,931 0 7,639,931 7,639,931
Less Total Deductions 855,829 0 855,829 855,829
Total Taxable Value 6,784,102 0 6,784,102 6,784,102

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 T13
6,938,182 6,784,102 6,938,182 6,784,102 7,108,182


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
154,080 0 170,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
6,938,182 6,784,102 6,938,182 6,784,102 7,108,182

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 4,207,030,855 N/A 4,207,030,855 4,207,030,855
B - MULTIFAMILY 520,272,721 N/A 520,272,721 520,272,721
C1 - VACANT LOTS 163,981,014 N/A 163,981,014 163,981,014
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,436,090 N/A 10,436,090 10,436,090
D2 - FARM & RANCH IMP 2,359,679 N/A 2,359,679 2,359,679
E - NON-AG LAND AND IMPROVEMENTS 151,049,039 N/A 151,049,039 151,049,039
F1 - COMMERCIAL REAL 1,124,597,805 N/A 1,124,597,805 1,124,597,805
F2 - INDUSTRIAL REAL 11,236,440 N/A 11,236,440 11,236,440
G - ALL MINERALS 1,998,670 N/A 1,998,670 1,998,670
J - ALL UTILITIES 97,117,817 N/A 97,117,817 97,117,817
L1 - COMMERCIAL PERSONAL 301,327,245 N/A 301,327,245 301,327,245
L2 - INDUSTRIAL PERSONAL 23,648,533 N/A 23,648,533 23,648,533
M1 - MOBILE HOMES 18,240,302 N/A 18,240,302 18,240,302
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 14,323,500 N/A 14,323,500 14,323,500
S - SPECIAL INVENTORY 77,860,836 N/A 77,860,836 77,860,836
Subtotal 6,725,480,546 0 6,725,480,546 6,725,480,546
Less Total Deductions 779,999,379 0 779,999,379 779,999,379
Total Taxable Value 5,945,481,167 0 5,945,481,167 5,945,481,167

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 T13
6,092,846,323 5,945,481,167 6,092,846,323 5,945,481,167 6,209,036,323


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
147,365,156 0 116,190,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
6,092,846,323 5,945,481,167 6,092,846,323 5,945,481,167 6,209,036,323

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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

152-907-02/Frenship ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 4,210,587,325 N/A 4,210,587,325 4,210,587,325
B - MULTIFAMILY 520,272,721 N/A 520,272,721 520,272,721
C1 - VACANT LOTS 166,022,654 N/A 166,022,654 166,022,654
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,953,320 N/A 10,953,320 10,953,320
D2 - FARM & RANCH IMP 2,361,989 N/A 2,361,989 2,361,989
E - NON-AG LAND AND IMPROVEMENTS 151,315,730 N/A 151,315,730 151,315,730
F1 - COMMERCIAL REAL 1,124,605,175 N/A 1,124,605,175 1,124,605,175
F2 - INDUSTRIAL REAL 11,236,440 N/A 11,236,440 11,236,440
G - ALL MINERALS 2,899,900 N/A 2,899,900 2,899,900
J - ALL UTILITIES 97,369,807 N/A 97,369,807 97,369,807
L1 - COMMERCIAL PERSONAL 301,327,245 N/A 301,327,245 301,327,245
L2 - INDUSTRIAL PERSONAL 23,648,533 N/A 23,648,533 23,648,533
M1 - MOBILE HOMES 18,335,302 N/A 18,335,302 18,335,302
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 14,323,500 N/A 14,323,500 14,323,500
S - SPECIAL INVENTORY 77,860,836 N/A 77,860,836 77,860,836
Subtotal 6,733,120,477 6,733,120,477 6,733,120,477
Less Total Deductions 780,855,208 780,855,208 780,855,208
Total Taxable Value 5,952,265,269 5,952,265,269 5,952,265,269

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 T13
6,099,784,505 5,952,265,269 6,099,784,505 5,952,265,269 6,216,144,505


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
147,519,236 0 116,360,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
6,099,784,505 5,952,265,269 6,099,784,505 5,952,265,269 6,216,144,505

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement