taxes Property Tax Assistance

2021 ISD Summary Worksheet

136-Kinney /Kinney County

136-901/Brackett ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 107,452,247 0.9431 113,935,157 113,935,157
B - MULTIFAMILY 1,668,412 N/A 1,668,412 1,668,412
C1 - VACANT LOTS 3,943,589 N/A 3,943,589 3,943,589
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 52,822,930 0.9407 56,155,192 56,155,192
D2 - FARM & RANCH IMP 13,541,929 N/A 13,541,929 13,541,929
E - NON-AG LAND AND IMPROVEMENTS 80,794,138 0.8577 94,198,599 94,198,599
F1 - COMMERCIAL REAL 10,179,533 N/A 10,179,533 10,179,533
F2 - INDUSTRIAL REAL 21,670 N/A 21,670 21,670
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 525,267,743 0.9543 550,422,030 550,422,030
L1 - COMMERCIAL PERSONAL 13,946,320 N/A 13,946,320 13,946,320
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 64,671 N/A 64,671 64,671
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,325 N/A 8,325 8,325
Subtotal 809,711,507 0 858,085,427 858,085,427
Less Total Deductions 145,493,499 0 148,045,335 148,045,335
Total Taxable Value 664,218,008 0 710,040,092 710,040,092

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
718,217,012 710,040,092 718,217,012 710,040,092


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,176,920 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
799,017,012 790,840,092 799,017,012 790,840,092

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

136-901-02/Brackett ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 107,452,247 0.9431 113,935,157 113,935,157
B - MULTIFAMILY 1,668,412 N/A 1,668,412 1,668,412
C1 - VACANT LOTS 3,943,589 N/A 3,943,589 3,943,589
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 52,822,930 0.9407 56,155,192 56,155,192
D2 - FARM & RANCH IMP 13,541,929 N/A 13,541,929 13,541,929
E - NON-AG LAND AND IMPROVEMENTS 80,794,138 0.8577 94,198,599 94,198,599
F1 - COMMERCIAL REAL 10,179,533 N/A 10,179,533 10,179,533
F2 - INDUSTRIAL REAL 21,670 N/A 21,670 21,670
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 525,267,743 0.9543 550,422,030 550,422,030
L1 - COMMERCIAL PERSONAL 13,946,320 N/A 13,946,320 13,946,320
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 64,671 N/A 64,671 64,671
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,325 N/A 8,325 8,325
Subtotal 809,711,507 858,085,427 858,085,427
Less Total Deductions 145,493,499 148,045,335 148,045,335
Total Taxable Value 664,218,008 710,040,092 710,040,092

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
718,217,012 710,040,092 718,217,012 710,040,092


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
8,176,920 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
799,017,012 790,840,092 799,017,012 790,840,092

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