taxes Property Tax Assistance

2022 ISD Summary Worksheet

020-Brazoria/Brazoria County

020-910/Damon ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 41,908,480 0.9706 43,177,911 41,908,480
B - MULTIFAMILY 460,000 N/A 460,000 460,000
C1 - VACANT LOTS 10,453,374 0.6158 16,975,274 10,453,374
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,524,188 1.1437 3,081,322 3,524,188
D2 - FARM & RANCH IMP 437,260 N/A 437,260 437,260
E - NON-AG LAND AND IMPROVEMENTS 26,101,630 0.8992 29,027,613 26,101,630
F1 - COMMERCIAL REAL 6,062,390 N/A 6,062,390 6,062,390
F2 - INDUSTRIAL REAL 83,368,310 N/A 83,368,310 83,368,310
G - ALL MINERALS 18,580 N/A 18,580 18,580
J - ALL UTILITIES 45,605,470 0.6854 66,538,474 45,605,470
L1 - COMMERCIAL PERSONAL 5,510,810 N/A 5,510,810 5,510,810
L2 - INDUSTRIAL PERSONAL 24,430 N/A 24,430 24,430
M1 - MOBILE HOMES 4,048,120 N/A 4,048,120 4,048,120
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 227,523,042 0 258,730,494 227,523,042
Less Total Deductions 92,521,548 0 93,080,838 92,521,548
Total Taxable Value 135,001,494 0 165,649,656 135,001,494

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

Measure Value Description
T1 137,769,705 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 135,001,494 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 137,769,705 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 135,001,494 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 140,669,705 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 211,138,015 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 208,369,804 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 211,138,015 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 208,369,804 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 214,038,015 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,768,211 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 2,900,000 Loss to the previous increase in the state-mandated homestead

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 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 41,908,480 0.9706 43,177,911 41,908,480
B - MULTIFAMILY 460,000 N/A 460,000 460,000
C1 - VACANT LOTS 10,453,374 0.6158 16,975,274 10,453,374
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,524,188 1.1437 3,081,322 3,524,188
D2 - FARM & RANCH IMP 437,260 N/A 437,260 437,260
E - NON-AG LAND AND IMPROVEMENTS 26,101,630 0.8992 29,027,613 26,101,630
F1 - COMMERCIAL REAL 6,062,390 N/A 6,062,390 6,062,390
F2 - INDUSTRIAL REAL 83,368,310 N/A 83,368,310 83,368,310
G - ALL MINERALS 18,580 N/A 18,580 18,580
J - ALL UTILITIES 45,605,470 0.6854 66,538,474 45,605,470
L1 - COMMERCIAL PERSONAL 5,510,810 N/A 5,510,810 5,510,810
L2 - INDUSTRIAL PERSONAL 24,430 N/A 24,430 24,430
M1 - MOBILE HOMES 4,048,120 N/A 4,048,120 4,048,120
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 227,523,042 258,730,494 227,523,042
Less Total Deductions 92,521,548 93,080,838 92,521,548
Total Taxable Value 135,001,494 165,649,656 135,001,494

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

Measure Value Description
T1 137,769,705 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 135,001,494 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 137,769,705 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 135,001,494 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 140,669,705 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 211,138,015 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 208,369,804 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 211,138,015 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 208,369,804 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 214,038,015 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,768,211 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 2,900,000 Loss to the previous increase in the state-mandated homestead