taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

198/Robertson

198-903/Franklin ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 164,754,768 N/A 164,754,768 164,754,768
B. Multi-Family Residences 3,242,971 N/A 3,242,971 3,242,971
C1. Vacant Lots 4,909,557 N/A 4,909,557 4,909,557
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,179,907 N/A 13,179,907 13,179,907
D2. Real Prop Farm & Ranch 27,329,784 N/A 27,329,784 27,329,784
E. Real Prop NonQual Acres 145,394,261 N/A 145,394,261 145,394,261
F1. Commercial Real 17,504,315 N/A 17,504,315 17,504,315
F2. Industrial Real 1,425,246,896 N/A 1,425,246,896 1,425,246,896
G. Oil, Gas, Minerals 501,125,255 N/A 501,125,255 501,125,255
J. Utilities 87,988,167 N/A 87,988,167 87,988,167
L1. Commercial Personal 10,391,827 N/A 10,391,827 10,391,827
L2. Industrial Personal 112,619,980 N/A 112,619,980 112,619,980
M. Other Personal 10,201,546 N/A 10,201,546 10,201,546
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 167,838 N/A 167,838 167,838
S. Special Inventory 0 N/A 0 0
Subtotal 2,524,057,072 2,524,057,072 2,524,057,072
Less Total Deductions 458,146,189   458,146,189 458,146,189
Total Taxable Value 2,065,910,883 2,065,910,883 2,065,910,883 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
2,079,812,963 2,065,910,883 2,079,812,963 2,065,910,883 2,065,910,883 2,065,910,883


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,902,080 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
2,079,812,963 2,065,910,883 2,079,812,963 2,065,910,883 2,065,910,883 2,065,910,883

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