taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

022/Brewster

022-901/Alpine ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 317,468,611 .8766 362,159,036 317,468,611
B. Multi-Family Residences 10,026,087 N/A 10,026,087 10,026,087
C1. Vacant Lots 11,581,449 N/A 11,581,449 11,581,449
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,903,161 1.1776 15,203,583 17,903,161
D2. Real Prop Farm & Ranch 703,272 N/A 703,272 703,272
E. Real Prop NonQual Acres 39,137,871 .7860 49,793,729 39,137,871
F1. Commercial Real 62,242,954 .8966 69,421,095 62,242,954
F2. Industrial Real 658,510 N/A 658,510 658,510
G. Oil, Gas, Minerals 32,426 N/A 32,426 32,426
J. Utilities 37,659,175 N/A 37,659,175 37,659,175
L1. Commercial Personal 25,760,508 N/A 25,760,508 25,760,508
L2. Industrial Personal 681,173 N/A 681,173 681,173
M. Other Personal 5,632,475 N/A 5,632,475 5,632,475
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 529,487,672 589,312,518 529,487,672
Less Total Deductions 82,908,138   97,376,060 82,908,138
Total Taxable Value 446,579,534 491,936,458 446,579,534 T2**

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
466,373,566 446,579,534 454,601,136 434,807,104 450,843,352 439,070,922


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,794,032 11,772,430


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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
466,373,566 446,579,534 454,601,136 434,807,104 450,843,352 439,070,922

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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.