taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

110/Hockley

152-907/Frenship ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,472,390 N/A 1,472,390 1,472,390
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 109,710 N/A 109,710 109,710
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 711,472 N/A 711,472 711,472
D2. Real Prop Farm & Ranch 2,310 N/A 2,310 2,310
E. Real Prop NonQual Acres 316,611 N/A 316,611 316,611
F1. Commercial Real 38,320 N/A 38,320 38,320
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,530,140 N/A 1,530,140 1,530,140
J. Utilities 187,080 N/A 187,080 187,080
L1. Commercial Personal 30,610 N/A 30,610 30,610
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 98,000 N/A 98,000 98,000
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 4,496,643 4,496,643 4,496,643
Less Total Deductions 416,343   416,343 416,343
Total Taxable Value 4,080,300 4,080,300 4,080,300 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
4,140,023 4,080,300 4,140,023 4,080,300


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
59,723 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
4,140,023 4,080,300 4,140,023 4,080,300

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

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 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 2,061,926,985 .9524 2,164,980,035 2,061,926,985
B. Multi-Family Residences 273,128,252 .9835 277,710,475 273,128,252
C1. Vacant Lots 114,332,055 N/A 114,332,055 114,332,055
C2. Colonia Lots 104,027 N/A 104,027 104,027
D1. Rural Real(Taxable) 10,122,580 1.1759 8,608,179 10,122,580
D2. Real Prop Farm & Ranch 207,709 N/A 207,709 207,709
E. Real Prop NonQual Acres 64,261,836 N/A 64,261,836 64,261,836
F1. Commercial Real 638,686,854 .9637 662,744,479 638,686,854
F2. Industrial Real 5,720,334 N/A 5,720,334 5,720,334
G. Oil, Gas, Minerals 984,140 N/A 984,140 984,140
J. Utilities 35,704,681 N/A 35,704,681 35,704,681
L1. Commercial Personal 223,815,724 .9765 229,201,970 223,815,724
L2. Industrial Personal 25,262,068 N/A 25,262,068 25,262,068
M. Other Personal 11,044,492 N/A 11,044,492 11,044,492
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 18,807,984 N/A 18,807,984 18,807,984
S. Special Inventory 48,482,474 N/A 48,482,474 48,482,474
Subtotal 3,532,592,195 3,668,156,938 3,532,592,195
Less Total Deductions 327,015,100   344,095,585 327,015,100
Total Taxable Value 3,205,577,095 3,324,061,353 3,205,577,095 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
3,289,269,522 3,205,577,095 3,289,269,522 3,205,577,095


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
83,692,427 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
3,289,269,522 3,205,577,095 3,289,269,522 3,205,577,095

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

The PVS found your local value to be valid, and local value was certified

152-907/Frenship ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 2,063,399,375 .9524 2,166,452,425 2,063,399,375
B. Multi-Family Residences 273,128,252 .9835 277,710,475 273,128,252
C1. Vacant Lots 114,441,765 N/A 114,441,765 114,441,765
C2. Colonia Lots 104,027 N/A 104,027 104,027
D1. Rural Real(Taxable) 10,834,052 1.1625 9,319,651 10,834,052
D2. Real Prop Farm & Ranch 210,019 N/A 210,019 210,019
E. Real Prop NonQual Acres 64,578,447 N/A 64,578,447 64,578,447
F1. Commercial Real 638,725,174 .9637 662,782,799 638,725,174
F2. Industrial Real 5,720,334 N/A 5,720,334 5,720,334
G. Oil, Gas, Minerals 2,514,280 N/A 2,514,280 2,514,280
J. Utilities 35,891,761 N/A 35,891,761 35,891,761
L1. Commercial Personal 223,846,334 .9765 229,232,580 223,846,334
L2. Industrial Personal 25,262,068 N/A 25,262,068 25,262,068
M. Other Personal 11,142,492 N/A 11,142,492 11,142,492
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 18,807,984 N/A 18,807,984 18,807,984
S. Special Inventory 48,482,474 N/A 48,482,474 48,482,474
Subtotal 3,537,088,838 3,672,653,581 3,537,088,838
Less Total Deductions 327,431,443   344,511,928 327,431,443
Total Taxable Value 3,209,657,395 3,328,141,653 3,209,657,395 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