taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

110/Hockley

152-907/Frenship ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 112,380 N/A 112,380 112,380
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 118,919 N/A 118,919 118,919
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 849,989 N/A 849,989 849,989
D2. Real Prop Farm & Ranch 2,310 N/A 2,310 2,310
E. Real Prop NonQual Acres 764,230 N/A 764,230 764,230
F1. Commercial Real 10,700 N/A 10,700 10,700
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 2,223,200 N/A 2,223,200 2,223,200
J. Utilities 191,920 N/A 191,920 191,920
L1. Commercial Personal 62,100 N/A 62,100 62,100
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 98,000 N/A 98,000 98,000
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 4,433,748 4,433,748 4,433,748
Less Total Deductions 283,038   283,038 283,038
Total Taxable Value 4,150,710 4,150,710 4,150,710 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
4,210,710 4,150,710 4,210,710 4,150,710 4,150,710 4,150,710


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
60,000 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
4,210,710 4,150,710 4,210,710 4,150,710 4,150,710 4,150,710

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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

152-907/Frenship ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 1,744,225,459 .9818 1,776,558,830 1,744,225,459
B. Multi-Family Residences 214,095,449 .9810 218,242,048 214,095,449
C1. Vacant Lots 92,391,759 N/A 92,391,759 92,391,759
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,448,791 1.1419 14,404,745 16,448,791
D2. Real Prop Farm & Ranch 6,471,811 N/A 6,471,811 6,471,811
E. Real Prop NonQual Acres 43,327,501 N/A 43,327,501 43,327,501
F1. Commercial Real 552,501,547 .9617 574,505,092 552,501,547
F2. Industrial Real 5,468,351 N/A 5,468,351 5,468,351
G. Oil, Gas, Minerals 2,290,360 N/A 2,290,360 2,290,360
J. Utilities 37,692,924 N/A 37,692,924 37,692,924
L1. Commercial Personal 165,494,917 .9851 167,998,089 165,494,917
L2. Industrial Personal 28,041,346 N/A 28,041,346 28,041,346
M. Other Personal 6,907,600 N/A 6,907,600 6,907,600
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 24,964,668 N/A 24,964,668 24,964,668
S. Special Inventory 36,605,622 N/A 36,605,622 36,605,622
Subtotal 2,976,928,105 3,035,870,746 2,976,928,105
Less Total Deductions 212,488,408   217,444,973 212,488,408
Total Taxable Value 2,764,439,697 2,818,425,773 2,764,439,697 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
2,851,340,388 2,764,439,697 2,851,340,388 2,764,439,697 2,769,777,319 2,769,777,319


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
86,900,691 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
2,851,340,388 2,764,439,697 2,851,340,388 2,764,439,697 2,769,777,319 2,769,777,319

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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/Frenship ISD



Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 1,744,337,839 .9818 1,776,671,210 1,744,337,839
B. Multi-Family Residences 214,095,449 .9810 218,242,048 214,095,449
C1. Vacant Lots 92,510,678 N/A 92,510,678 92,510,678
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,298,780 1.1340 15,254,734 17,298,780
D2. Real Prop Farm & Ranch 6,474,121 N/A 6,474,121 6,474,121
E. Real Prop NonQual Acres 44,091,731 N/A 44,091,731 44,091,731
F1. Commercial Real 552,512,247 .9617 574,515,792 552,512,247
F2. Industrial Real 5,468,351 N/A 5,468,351 5,468,351
G. Oil, Gas, Minerals 4,513,560 N/A 4,513,560 4,513,560
J. Utilities 37,884,844 N/A 37,884,844 37,884,844
L1. Commercial Personal 165,557,017 .9851 168,060,189 165,557,017
L2. Industrial Personal 28,041,346 N/A 28,041,346 28,041,346
M. Other Personal 7,005,600 N/A 7,005,600 7,005,600
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 24,964,668 N/A 24,964,668 24,964,668
S. Special Inventory 36,605,622 N/A 36,605,622 36,605,622
Subtotal 2,981,361,853 3,040,304,494 2,981,361,853
Less Total Deductions 212,771,446   217,728,011 212,771,446
Total Taxable Value 2,768,590,407 2,822,576,483 2,768,590,407 T2

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