taxes Property Tax Assistance

2019 ISD Summary Worksheet

223-Terry

223-901/Brownfield ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 169,349,081 0.8693 194,810,860 169,349,081
B. MULTIFAMILY RESIDENCES 1,355,875 N/A 1,355,875 1,355,875
C1. VACANT LOTS 1,674,746 N/A 1,674,746 1,674,746
D1. QUALIFIED AG LAND 45,606,889 1.5976 28,547,079 45,606,889
D2. REAL PROP:FARM & RANCH 5,635,689 N/A 5,635,689 5,635,689
E. REAL PROP NONQUAL ACREAGE 31,138,316 0.9145 34,049,553 31,138,316
F1. COMMERCIAL REAL 35,976,975 0.8065 44,608,772 35,976,975
F2. INDUSTRIAL REAL 21,452,560 N/A 21,452,560 21,452,560
G. OIL,GAS,MINERALS 238,905,843 0.9872 242,003,488 238,905,843
J. UTILITIES 23,195,488 N/A 23,195,488 23,195,488
L1. COMMERCIAL PERSONAL 34,383,130 0.9945 34,573,283 34,383,130
L2. INDUSTRIAL PERSONAL 137,449,019 N/A 137,449,019 137,449,019
M. MOBILE HOMES 1,497,243 N/A 1,497,243 1,497,243
S. SPECIAL INVENTORY 4,713,187 N/A 4,713,187 4,713,187
Subtotal 752,334,041 0 775,566,842 752,334,041
Less Total Deductions 66,836,684 0 76,199,433 66,836,684
Total Taxable Value 685,497,357 0 699,367,409 685,497,357

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
695,481,529 685,497,357 695,481,529 685,497,357


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,984,172 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
695,481,529 685,497,357 695,481,529 685,497,357

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

223-901-02/Brownfield ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 169,349,081 0.8693 194,810,860 169,349,081
B. MULTIFAMILY RESIDENCES 1,355,875 N/A 1,355,875 1,355,875
C1. VACANT LOTS 1,674,746 N/A 1,674,746 1,674,746
D1. QUALIFIED AG LAND 45,606,889 1.5976 28,547,079 45,606,889
D2. REAL PROP:FARM & RANCH 5,635,689 N/A 5,635,689 5,635,689
E. REAL PROP NONQUAL ACREAGE 31,138,316 0.9145 34,049,553 31,138,316
F1. COMMERCIAL REAL 35,976,975 0.8065 44,608,772 35,976,975
F2. INDUSTRIAL REAL 21,452,560 N/A 21,452,560 21,452,560
G. OIL,GAS,MINERALS 238,905,843 0.9872 242,003,488 238,905,843
J. UTILITIES 23,195,488 N/A 23,195,488 23,195,488
L1. COMMERCIAL PERSONAL 34,383,130 0.9945 34,573,283 34,383,130
L2. INDUSTRIAL PERSONAL 137,449,019 N/A 137,449,019 137,449,019
M. MOBILE HOMES 1,497,243 N/A 1,497,243 1,497,243
S. SPECIAL INVENTORY 4,713,187 N/A 4,713,187 4,713,187
Subtotal 752,334,041 775,566,842 752,334,041
Less Total Deductions 66,836,684 76,199,433 66,836,684
Total Taxable Value 685,497,357 699,367,409 685,497,357

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
695,481,529 685,497,357 695,481,529 685,497,357


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
9,984,172 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
695,481,529 685,497,357 695,481,529 685,497,357

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