taxes Property Tax Assistance

2019 ISD Summary Worksheet

136-Kinney

136-901/Brackett ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 93,833,985 0.9096 103,159,614 93,833,985
B. MULTIFAMILY RESIDENCES 1,580,534 N/A 1,580,534 1,580,534
C1. VACANT LOTS 3,801,730 N/A 3,801,730 3,801,730
D1. QUALIFIED AG LAND 41,750,492 0.8088 51,620,929 41,750,492
D2. REAL PROP:FARM & RANCH 12,970,961 N/A 12,970,961 12,970,961
E. REAL PROP NONQUAL ACREAGE 46,898,084 0.8642 54,267,628 46,898,084
F1. COMMERCIAL REAL 8,936,895 N/A 8,936,895 8,936,895
F2. INDUSTRIAL REAL 9,909 N/A 9,909 9,909
J. UTILITIES 303,313,489 0.9793 309,724,792 303,313,489
L1. COMMERCIAL PERSONAL 80,378,819 0.9989 80,467,333 80,378,819
M. MOBILE HOMES 62,766 N/A 62,766 62,766
S. SPECIAL INVENTORY 2,000 N/A 2,000 2,000
Subtotal 593,539,664 0 626,605,091 593,539,664
Less Total Deductions 71,532,848 0 75,040,528 71,532,848
Total Taxable Value 522,006,816 0 551,564,563 522,006,816

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
529,863,958 522,006,816 529,863,958 522,006,816


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,857,142 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
555,563,958 547,706,816 555,563,958 547,706,816

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

136-901-02/Brackett ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 93,833,985 0.9096 103,159,614 93,833,985
B. MULTIFAMILY RESIDENCES 1,580,534 N/A 1,580,534 1,580,534
C1. VACANT LOTS 3,801,730 N/A 3,801,730 3,801,730
D1. QUALIFIED AG LAND 41,750,492 0.8088 51,620,929 41,750,492
D2. REAL PROP:FARM & RANCH 12,970,961 N/A 12,970,961 12,970,961
E. REAL PROP NONQUAL ACREAGE 46,898,084 0.8642 54,267,628 46,898,084
F1. COMMERCIAL REAL 8,936,895 N/A 8,936,895 8,936,895
F2. INDUSTRIAL REAL 9,909 N/A 9,909 9,909
J. UTILITIES 303,313,489 0.9793 309,724,792 303,313,489
L1. COMMERCIAL PERSONAL 80,378,819 0.9989 80,467,333 80,378,819
M. MOBILE HOMES 62,766 N/A 62,766 62,766
S. SPECIAL INVENTORY 2,000 N/A 2,000 2,000
Subtotal 593,539,664 626,605,091 593,539,664
Less Total Deductions 71,532,848 75,040,528 71,532,848
Total Taxable Value 522,006,816 551,564,563 522,006,816

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
529,863,958 522,006,816 529,863,958 522,006,816


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
7,857,142 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
555,563,958 547,706,816 555,563,958 547,706,816

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