taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

020/Brazoria

020-910/Damon ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 24,229,160 N/A 24,229,160 24,229,160
B. Multi-Family Residences 251,310 N/A 251,310 251,310
C1. Vacant Lots 2,237,703 N/A 2,237,703 2,237,703
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,026,552 N/A 4,026,552 4,026,552
D2. Real Prop Farm & Ranch 407,450 N/A 407,450 407,450
E. Real Prop NonQual Acres 11,691,490 N/A 11,691,490 11,691,490
F1. Commercial Real 3,582,362 N/A 3,582,362 3,582,362
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 550,451 N/A 550,451 550,451
J. Utilities 15,331,920 N/A 15,331,920 15,331,920
L1. Commercial Personal 2,883,230 N/A 2,883,230 2,883,230
L2. Industrial Personal 35,370 N/A 35,370 35,370
M. Other Personal 747,970 N/A 747,970 747,970
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 65,974,968 65,974,968 65,974,968
Less Total Deductions 10,423,529   10,423,529 10,423,529
Total Taxable Value 55,551,439 55,551,439 55,551,439 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
57,696,336 55,551,439 57,696,336 55,551,439


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,144,897 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
57,696,336 55,551,439 57,696,336 55,551,439

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 local value to be valid, and local value was certified