taxes Property Tax Assistance

2023 ISD Summary Worksheet

Franklin ISD (all splits)   Robertson County  

198-Robertson/Robertson County

198-903/Franklin ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 323,675,149 0.9359 345,843,732 323,675,149
B - MULTIFAMILY 7,762,554 N/A 7,762,554 7,762,554
C1 - VACANT LOTS 10,241,587 N/A 10,241,587 10,241,587
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 28,396,276 1.4507 19,574,077 28,396,276
D2 - FARM & RANCH IMP 49,462,626 N/A 49,462,626 49,462,626
E - NON-AG LAND AND IMPROVEMENTS 354,142,161 0.7788 454,727,993 354,142,161
F1 - COMMERCIAL REAL 31,869,003 N/A 31,869,003 31,869,003
F2 - INDUSTRIAL REAL 1,011,606,172 N/A 1,011,606,172 1,011,606,172
G - ALL MINERALS 375,620,991 1.0027 374,609,545 375,620,991
J - ALL UTILITIES 141,329,194 0.9627 146,805,021 141,329,194
L1 - COMMERCIAL PERSONAL 12,711,255 N/A 12,711,255 12,711,255
L2 - INDUSTRIAL PERSONAL 104,111,986 N/A 104,111,986 104,111,986
M1 - MOBILE HOMES 20,541,065 N/A 20,541,065 20,541,065
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 2,471,470,019 0 2,589,866,616 2,471,470,019
Less Total Deductions 482,261,751 0 495,236,638 482,261,751
Total Taxable Value 1,989,208,268 0 2,094,629,978 1,989,208,268

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 2,063,613,661 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,989,208,268 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 2,063,613,661 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,989,208,268 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,090,133,661 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,107,813,661 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 2,020,493,268 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 2,063,613,661 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,989,208,268 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 2,063,613,661 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,989,208,268 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,090,133,661 T13 plus the loss to the chapter 313 agreement
T16 2,107,813,661 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 2,020,493,268 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 74,405,393 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 26,520,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 17,680,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD


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198-903-02/Franklin ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 323,675,149 0.9359 345,843,732 323,675,149
B - MULTIFAMILY 7,762,554 N/A 7,762,554 7,762,554
C1 - VACANT LOTS 10,241,587 N/A 10,241,587 10,241,587
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 28,396,276 1.4507 19,574,077 28,396,276
D2 - FARM & RANCH IMP 49,462,626 N/A 49,462,626 49,462,626
E - NON-AG LAND AND IMPROVEMENTS 354,142,161 0.7788 454,727,993 354,142,161
F1 - COMMERCIAL REAL 31,869,003 N/A 31,869,003 31,869,003
F2 - INDUSTRIAL REAL 1,011,606,172 N/A 1,011,606,172 1,011,606,172
G - ALL MINERALS 375,620,991 1.0027 374,609,545 375,620,991
J - ALL UTILITIES 141,329,194 0.9627 146,805,021 141,329,194
L1 - COMMERCIAL PERSONAL 12,711,255 N/A 12,711,255 12,711,255
L2 - INDUSTRIAL PERSONAL 104,111,986 N/A 104,111,986 104,111,986
M1 - MOBILE HOMES 20,541,065 N/A 20,541,065 20,541,065
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 2,471,470,019 2,589,866,616 2,471,470,019
Less Total Deductions 482,261,751 495,236,638 482,261,751
Total Taxable Value 1,989,208,268 2,094,629,978 1,989,208,268

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 2,063,613,661 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,989,208,268 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 2,063,613,661 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,989,208,268 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,090,133,661 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,107,813,661 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 2,020,493,268 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 2,063,613,661 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,989,208,268 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 2,063,613,661 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,989,208,268 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,090,133,661 T13 plus the loss to the chapter 313 agreement
T16 2,107,813,661 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 2,020,493,268 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 74,405,393 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 26,520,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 17,680,000 Loss to Second Previous Homestead Increase

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