taxes Property Tax Assistance

2019 ISD Summary Worksheet

073-Falls

198-901/Bremond ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,208,130 N/A 1,208,130 1,208,130
D1. QUALIFIED AG LAND 2,131,378 1.1766 1,811,493 2,131,378
D2. REAL PROP:FARM & RANCH 2,646,940 0.9937 2,663,721 2,646,940
E. REAL PROP NONQUAL ACREAGE 23,539,010 1.0131 23,234,636 23,539,010
F1. COMMERCIAL REAL 85,200 N/A 85,200 85,200
J. UTILITIES 7,329,550 0.9654 7,592,242 7,329,550
L1. COMMERCIAL PERSONAL 145,280 N/A 145,280 145,280
L2. INDUSTRIAL PERSONAL 80,750 N/A 80,750 80,750
M. MOBILE HOMES 502,200 N/A 502,200 502,200
Subtotal 37,668,438 0 37,323,652 37,668,438
Less Total Deductions 8,774,372 0 8,774,372 8,774,372
Total Taxable Value 28,894,066 0 28,549,280 28,894,066

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
29,867,706 28,894,066 29,867,706 28,894,066


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
973,640 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
29,867,706 28,894,066 29,867,706 28,894,066

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

198-901-02/Bremond ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,208,130 N/A 1,208,130 1,208,130
D1. QUALIFIED AG LAND 2,131,378 1.1766 1,811,493 2,131,378
D2. REAL PROP:FARM & RANCH 2,646,940 0.9937 2,663,721 2,646,940
E. REAL PROP NONQUAL ACREAGE 23,539,010 1.0131 23,234,636 23,539,010
F1. COMMERCIAL REAL 85,200 N/A 85,200 85,200
J. UTILITIES 7,329,550 0.9654 7,592,242 7,329,550
L1. COMMERCIAL PERSONAL 145,280 N/A 145,280 145,280
L2. INDUSTRIAL PERSONAL 80,750 N/A 80,750 80,750
M. MOBILE HOMES 502,200 N/A 502,200 502,200
Subtotal 37,668,438 37,323,652 37,668,438
Less Total Deductions 8,774,372 8,774,372 8,774,372
Total Taxable Value 28,894,066 28,549,280 28,894,066

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
29,867,706 28,894,066 29,867,706 28,894,066


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
973,640 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
29,867,706 28,894,066 29,867,706 28,894,066

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