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 0.9564 43,818,988 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 3,081,403 3,524,188
D2 - FARM & RANCH IMP 437,260 N/A 437,260 437,260
E - NON-AG LAND AND IMPROVEMENTS 26,101,630 0.8807 29,637,368 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 0 259,981,407 227,523,042
Less Total Deductions 92,521,548 0 93,363,383 92,521,548
Total Taxable Value 135,001,494 0 166,618,024 135,001,494

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

T1 T2 T3 T4 T13
137,769,705 135,001,494 137,769,705 135,001,494 140,669,705


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
2,768,211 0 2,900,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
211,138,015 208,369,804 211,138,015 208,369,804 214,038,015

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

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 0.9564 43,818,988 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 3,081,403 3,524,188
D2 - FARM & RANCH IMP 437,260 N/A 437,260 437,260
E - NON-AG LAND AND IMPROVEMENTS 26,101,630 0.8807 29,637,368 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 227,523,042 259,981,407 227,523,042
Less Total Deductions 92,521,548 93,363,383 92,521,548
Total Taxable Value 135,001,494 166,618,024 135,001,494

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

T1 T2 T3 T4 T13
137,769,705 135,001,494 137,769,705 135,001,494 140,669,705


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
2,768,211 0 2,900,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
211,138,015 208,369,804 211,138,015 208,369,804 214,038,015

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement