taxes Property Tax Assistance

2016 ISD Summary Worksheet

110/Hockley

152-907/Frenship ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 2,569,060 N/A 2,569,060 2,569,060
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 268,460 N/A 268,460 268,460
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 726,131 N/A 726,131 726,131
D2. Real Prop Farm & Ranch 2,310 N/A 2,310 2,310
E. Real Prop NonQual Acres 173,631 N/A 173,631 173,631
F1. Commercial Real 36,500 N/A 36,500 36,500
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 822,910 N/A 822,910 822,910
J. Utilities 212,010 N/A 212,010 212,010
L1. Commercial Personal 15,130 N/A 15,130 15,130
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 95,000 N/A 95,000 95,000
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 4,921,142 4,921,142 4,921,142
Less Total Deductions 533,727   533,727 533,727
Total Taxable Value 4,387,415 4,387,415 4,387,415 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
4,479,202 4,387,415 4,479,202 4,387,415


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
91,787 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
4,479,202 4,387,415 4,479,202 4,387,415

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 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 2,252,110,564 N/A 2,252,110,564 2,252,110,564
B. Multi-Family Residences 306,727,617 N/A 306,727,617 306,727,617
C1. Vacant Lots 137,631,878 N/A 137,631,878 137,631,878
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,118,743 N/A 9,118,743 9,118,743
D2. Real Prop Farm & Ranch 224,144 N/A 224,144 224,144
E. Real Prop NonQual Acres 62,223,840 N/A 62,223,840 62,223,840
F1. Commercial Real 709,854,946 N/A 709,854,946 709,854,946
F2. Industrial Real 5,684,835 N/A 5,684,835 5,684,835
G. Oil, Gas, Minerals 755,470 N/A 755,470 755,470
J. Utilities 38,126,267 N/A 38,126,267 38,126,267
L1. Commercial Personal 231,930,523 N/A 231,930,523 231,930,523
L2. Industrial Personal 22,708,101 N/A 22,708,101 22,708,101
M. Other Personal 11,661,263 N/A 11,661,263 11,661,263
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 24,564,126 N/A 24,564,126 24,564,126
S. Special Inventory 49,615,257 N/A 49,615,257 49,615,257
Subtotal 3,862,937,574 3,862,937,574 3,862,937,574
Less Total Deductions 346,457,664   346,457,664 346,457,664
Total Taxable Value 3,516,479,910 3,516,479,910 3,516,479,910 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
3,600,789,599 3,516,479,910 3,600,789,599 3,516,479,910


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
84,309,689 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
3,600,789,599 3,516,479,910 3,600,789,599 3,516,479,910

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 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 2,254,679,624 N/A 2,254,679,624 2,254,679,624
B. Multi-Family Residences 306,727,617 N/A 306,727,617 306,727,617
C1. Vacant Lots 137,900,338 N/A 137,900,338 137,900,338
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,844,874 N/A 9,844,874 9,844,874
D2. Real Prop Farm & Ranch 226,454 N/A 226,454 226,454
E. Real Prop NonQual Acres 62,397,471 N/A 62,397,471 62,397,471
F1. Commercial Real 709,891,446 N/A 709,891,446 709,891,446
F2. Industrial Real 5,684,835 N/A 5,684,835 5,684,835
G. Oil, Gas, Minerals 1,578,380 N/A 1,578,380 1,578,380
J. Utilities 38,338,277 N/A 38,338,277 38,338,277
L1. Commercial Personal 231,945,653 N/A 231,945,653 231,945,653
L2. Industrial Personal 22,708,101 N/A 22,708,101 22,708,101
M. Other Personal 11,756,263 N/A 11,756,263 11,756,263
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 24,564,126 N/A 24,564,126 24,564,126
S. Special Inventory 49,615,257 N/A 49,615,257 49,615,257
Subtotal 3,867,858,716 3,867,858,716 3,867,858,716
Less Total Deductions 346,991,391   346,991,391 346,991,391
Total Taxable Value 3,520,867,325 3,520,867,325 3,520,867,325 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