taxes Property Tax Assistance

2020 ISD Summary Worksheet

020-Brazoria

020-910/Damon ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 30,613,210 0.9753 31,388,506 30,613,210
B - MULTIFAMILY 401,950 N/A 401,950 401,950
C1 - VACANT LOTS 5,133,717 N/A 5,133,717 5,133,717
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,643,429 1.2006 3,034,645 3,643,429
D2 - FARM & RANCH IMP 401,035 N/A 401,035 401,035
E - NON-AG LAND AND IMPROVEMENTS 18,376,172 0.8090 22,714,675 18,376,172
F1 - COMMERCIAL REAL 4,584,920 N/A 4,584,920 4,584,920
F2 - INDUSTRIAL REAL 33,541,880 N/A 33,541,880 33,541,880
G - ALL MINERALS 18,580 N/A 18,580 18,580
J - ALL UTILITIES 36,446,780 0.7601 47,949,980 36,446,780
L1 - COMMERCIAL PERSONAL 3,333,510 N/A 3,333,510 3,333,510
L2 - INDUSTRIAL PERSONAL 12,430 N/A 12,430 12,430
M1 - MOBILE HOMES 2,539,260 N/A 2,539,260 2,539,260
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 139,046,873 0 155,055,088 139,046,873
Less Total Deductions 36,310,854 0 36,649,002 36,310,854
Total Taxable Value 102,736,019 0 118,406,086 102,736,019

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
104,858,833 102,736,019 104,858,833 102,736,019


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,122,814 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
128,400,713 126,277,899 128,400,713 126,277,899

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

020-910-02/Damon ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 30,613,210 0.9753 31,388,506 30,613,210
B - MULTIFAMILY 401,950 N/A 401,950 401,950
C1 - VACANT LOTS 5,133,717 N/A 5,133,717 5,133,717
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,643,429 1.2006 3,034,645 3,643,429
D2 - FARM & RANCH IMP 401,035 N/A 401,035 401,035
E - NON-AG LAND AND IMPROVEMENTS 18,376,172 0.8090 22,714,675 18,376,172
F1 - COMMERCIAL REAL 4,584,920 N/A 4,584,920 4,584,920
F2 - INDUSTRIAL REAL 33,541,880 N/A 33,541,880 33,541,880
G - ALL MINERALS 18,580 N/A 18,580 18,580
J - ALL UTILITIES 36,446,780 0.7601 47,949,980 36,446,780
L1 - COMMERCIAL PERSONAL 3,333,510 N/A 3,333,510 3,333,510
L2 - INDUSTRIAL PERSONAL 12,430 N/A 12,430 12,430
M1 - MOBILE HOMES 2,539,260 N/A 2,539,260 2,539,260
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 139,046,873 155,055,088 139,046,873
Less Total Deductions 36,310,854 36,649,002 36,310,854
Total Taxable Value 102,736,019 118,406,086 102,736,019

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
104,858,833 102,736,019 104,858,833 102,736,019


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,122,814 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
128,400,713 126,277,899 128,400,713 126,277,899

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