taxes Property Tax Assistance

2020 ISD Summary Worksheet

136-Kinney /Kinney County

136-901/Brackett ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 101,003,707 0.9543 105,840,623 101,003,707
B - MULTIFAMILY 1,626,024 N/A 1,626,024 1,626,024
C1 - VACANT LOTS 3,778,777 N/A 3,778,777 3,778,777
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 44,123,038 0.7887 55,941,513 44,123,038
D2 - FARM & RANCH IMP 13,369,079 N/A 13,369,079 13,369,079
E - NON-AG LAND AND IMPROVEMENTS 56,389,972 0.8208 68,701,233 56,389,972
F1 - COMMERCIAL REAL 9,025,035 N/A 9,025,035 9,025,035
F2 - INDUSTRIAL REAL 9,909 N/A 9,909 9,909
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 552,637,396 0.9272 596,028,253 552,637,396
L1 - COMMERCIAL PERSONAL 12,268,364 N/A 12,268,364 12,268,364
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 62,991 N/A 62,991 62,991
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,604 N/A 8,604 8,604
Subtotal 794,302,896 0 866,660,405 794,302,896
Less Total Deductions 144,362,878 0 146,246,049 144,362,878
Total Taxable Value 649,940,018 0 720,414,356 649,940,018

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
657,915,263 649,940,018 657,915,263 649,940,018


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,975,245 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
747,315,263 739,340,018 747,315,263 739,340,018

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 TWO OF THE GRACE PERIOD

136-901-02/Brackett ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 101,003,707 0.9543 105,840,623 101,003,707
B - MULTIFAMILY 1,626,024 N/A 1,626,024 1,626,024
C1 - VACANT LOTS 3,778,777 N/A 3,778,777 3,778,777
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 44,123,038 0.7887 55,941,513 44,123,038
D2 - FARM & RANCH IMP 13,369,079 N/A 13,369,079 13,369,079
E - NON-AG LAND AND IMPROVEMENTS 56,389,972 0.8208 68,701,233 56,389,972
F1 - COMMERCIAL REAL 9,025,035 N/A 9,025,035 9,025,035
F2 - INDUSTRIAL REAL 9,909 N/A 9,909 9,909
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 552,637,396 0.9272 596,028,253 552,637,396
L1 - COMMERCIAL PERSONAL 12,268,364 N/A 12,268,364 12,268,364
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 62,991 N/A 62,991 62,991
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,604 N/A 8,604 8,604
Subtotal 794,302,896 866,660,405 794,302,896
Less Total Deductions 144,362,878 146,246,049 144,362,878
Total Taxable Value 649,940,018 720,414,356 649,940,018

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
657,915,263 649,940,018 657,915,263 649,940,018


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
7,975,245 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
747,315,263 739,340,018 747,315,263 739,340,018

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