taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

025/Brown

025-909/Early ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 128,847,280 .9573 134,594,464 128,847,280
B. Multi-Family Residences 4,520,400 N/A 4,520,400 4,520,400
C1. Vacant Lots 3,408,240 N/A 3,408,240 3,408,240
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,810,742 1.0034 3,797,706 3,810,742
D2. Real Prop Farm & Ranch 3,607,841 N/A 3,607,841 3,607,841
E. Real Prop NonQual Acres 68,393,582 .9413 72,658,644 68,393,582
F1. Commercial Real 60,547,130 .9803 61,763,878 60,547,130
F2. Industrial Real 3,394,020 N/A 3,394,020 3,394,020
G. Oil, Gas, Minerals 109,118 N/A 109,118 109,118
J. Utilities 9,101,280 N/A 9,101,280 9,101,280
L1. Commercial Personal 22,682,470 .9944 22,810,207 22,682,470
L2. Industrial Personal 3,862,260 N/A 3,862,260 3,862,260
M. Other Personal 991,680 N/A 991,680 991,680
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 270,860 N/A 270,860 270,860
S. Special Inventory 3,263,360 N/A 3,263,360 3,263,360
Subtotal 316,810,263 328,153,958 316,810,263
Less Total Deductions 45,341,876   47,990,157 45,341,876
Total Taxable Value 271,468,387 280,163,801 271,468,387 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
284,345,406 271,468,387 284,345,406 271,468,387 271,995,147 271,995,147


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,877,019 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

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
284,345,406 271,468,387 284,345,406 271,468,387 271,995,147 271,995,147

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 to be valid, and local value was certified