taxes Property Tax Assistance

2023 ISD Summary Worksheet

Frenship ISD (all splits)   Hockley County   Lubbock County  

110-Hockley/Hockley County

152-907/Frenship ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,473,070 N/A 3,473,070 3,473,070
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 14,175,720 N/A 14,175,720 14,175,720
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 356,811 N/A 356,811 356,811
D2 - FARM & RANCH IMP 67,670 N/A 67,670 67,670
E - NON-AG LAND AND IMPROVEMENTS 3,476,776 N/A 3,476,776 3,476,776
F1 - COMMERCIAL REAL 7,370 N/A 7,370 7,370
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 1,107,260 N/A 1,107,260 1,107,260
J - ALL UTILITIES 302,640 N/A 302,640 302,640
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 23,062,317 0 23,062,317 23,062,317
Less Total Deductions 1,953,111 0 1,953,111 1,953,111
Total Taxable Value 21,109,206 0 21,109,206 21,109,206

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

Measure Value Description
T1 21,659,781 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 21,109,206 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 21,659,781 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 21,109,206 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 21,944,781 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 22,134,781 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 21,138,801 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 21,659,781 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 21,109,206 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 21,659,781 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 21,109,206 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 21,944,781 T13 plus the loss to the chapter 313 agreement
T16 22,134,781 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 21,138,801 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 550,575 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 285,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 190,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED


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152-Lubbock/Lubbock County

152-907/Frenship ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 5,035,734,651 0.9648 5,219,459,630 5,035,734,651
B - MULTIFAMILY 572,447,678 1.1014 519,745,486 572,447,678
C1 - VACANT LOTS 167,446,528 N/A 167,446,528 167,446,528
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,866,457 0.7158 12,386,940 8,866,457
D2 - FARM & RANCH IMP 2,553,880 N/A 2,553,880 2,553,880
E - NON-AG LAND AND IMPROVEMENTS 188,307,787 N/A 188,307,787 188,307,787
F1 - COMMERCIAL REAL 1,229,209,219 1.0585 1,161,274,652 1,229,209,219
F2 - INDUSTRIAL REAL 12,541,315 N/A 12,541,315 12,541,315
G - ALL MINERALS 2,085,140 N/A 2,085,140 2,085,140
J - ALL UTILITIES 103,122,666 N/A 103,122,666 103,122,666
L1 - COMMERCIAL PERSONAL 338,796,129 0.9779 346,452,734 338,796,129
L2 - INDUSTRIAL PERSONAL 21,151,214 N/A 21,151,214 21,151,214
M1 - MOBILE HOMES 18,640,028 N/A 18,640,028 18,640,028
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 34,334,870 N/A 34,334,870 34,334,870
S - SPECIAL INVENTORY 84,581,197 N/A 84,581,197 84,581,197
Subtotal 7,819,818,759 0 7,894,084,067 7,819,818,759
Less Total Deductions 1,688,946,546 0 1,733,272,683 1,688,946,546
Total Taxable Value 6,130,872,213 0 6,160,811,384 6,130,872,213

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

Measure Value Description
T1 6,800,697,486 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 6,130,872,213 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 6,800,697,486 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,130,872,213 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 6,990,882,486 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 7,117,672,486 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 6,254,473,852 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 6,800,697,486 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 6,130,872,213 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 6,800,697,486 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 6,130,872,213 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 6,990,882,486 T13 plus the loss to the chapter 313 agreement
T16 7,117,672,486 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 6,254,473,852 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 669,825,273 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 190,185,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 126,790,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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152-907-02/Frenship ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 5,039,207,721 0.9648 5,222,932,700 5,039,207,721
B - MULTIFAMILY 572,447,678 1.1014 519,745,486 572,447,678
C1 - VACANT LOTS 181,622,248 N/A 181,622,248 181,622,248
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,223,268 0.7237 12,743,751 9,223,268
D2 - FARM & RANCH IMP 2,621,550 N/A 2,621,550 2,621,550
E - NON-AG LAND AND IMPROVEMENTS 191,784,563 N/A 191,784,563 191,784,563
F1 - COMMERCIAL REAL 1,229,216,589 1.0585 1,161,282,022 1,229,216,589
F2 - INDUSTRIAL REAL 12,541,315 N/A 12,541,315 12,541,315
G - ALL MINERALS 3,192,400 N/A 3,192,400 3,192,400
J - ALL UTILITIES 103,425,306 N/A 103,425,306 103,425,306
L1 - COMMERCIAL PERSONAL 338,796,129 0.9779 346,452,734 338,796,129
L2 - INDUSTRIAL PERSONAL 21,151,214 N/A 21,151,214 21,151,214
M1 - MOBILE HOMES 18,735,028 N/A 18,735,028 18,735,028
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 34,334,870 N/A 34,334,870 34,334,870
S - SPECIAL INVENTORY 84,581,197 N/A 84,581,197 84,581,197
Subtotal 7,842,881,076 7,917,146,384 7,842,881,076
Less Total Deductions 1,690,899,657 1,735,225,794 1,690,899,657
Total Taxable Value 6,151,981,419 6,181,920,590 6,151,981,419

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

Measure Value Description
T1 6,822,357,267 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 6,151,981,419 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 6,822,357,267 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,151,981,419 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 7,012,827,267 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 7,139,807,267 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 6,275,612,653 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 6,822,357,267 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 6,151,981,419 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 6,822,357,267 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 6,151,981,419 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 7,012,827,267 T13 plus the loss to the chapter 313 agreement
T16 7,139,807,267 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 6,275,612,653 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 670,375,848 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 190,470,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 126,980,000 Loss to Second Previous Homestead Increase

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