taxes Property Tax Assistance

2017 ISD Summary Worksheet

198/Robertson

198-903/Franklin ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 173,274,352 .9474 182,894,608 173,274,352
B. Multi-Family Residences 3,332,492 N/A 3,332,492 3,332,492
C1. Vacant Lots 4,404,314 N/A 4,404,314 4,404,314
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,346,847 1.1624 12,342,464 14,346,847
D2. Real Prop Farm & Ranch 31,808,001 N/A 31,808,001 31,808,001
E. Real Prop NonQual Acres 193,593,351 .8461 228,806,703 193,593,351
F1. Commercial Real 20,057,325 N/A 20,057,325 20,057,325
F2. Industrial Real 1,092,486,910 N/A 1,092,486,910 1,092,486,910
G. Oil, Gas, Minerals 300,995,193 1.0269 293,110,520 300,995,193
J. Utilities 90,998,465 .9872 92,178,348 90,998,465
L1. Commercial Personal 8,520,627 N/A 8,520,627 8,520,627
L2. Industrial Personal 88,084,040 N/A 88,084,040 88,084,040
M. Other Personal 10,662,347 N/A 10,662,347 10,662,347
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 2,032,564,264 2,068,688,699 2,032,564,264
Less Total Deductions 341,298,432   346,699,605 341,298,432
Total Taxable Value 1,691,265,832 1,721,989,094 1,691,265,832 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
1,703,725,045 1,691,265,832 1,703,725,045 1,691,265,832


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,459,213 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
1,703,725,045 1,691,265,832 1,703,725,045 1,691,265,832

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