taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

024/Brooks

024-901/Brooks County ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 87,853,529 1.0179 86,308,605 87,853,529
B. Multi-Family Residences 152,884 N/A 152,884 152,884
C1. Vacant Lots 3,341,249 N/A 3,341,249 3,341,249
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 57,120,349 1.0406 54,893,886 57,120,349
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 57,614,118 .9630 59,827,745 57,614,118
F1. Commercial Real 35,435,056 .8302 42,682,554 35,435,056
F2. Industrial Real 1,021,010 N/A 1,021,010 1,021,010
G. Oil, Gas, Minerals 270,749,910 1.0066 268,974,677 270,749,910
J. Utilities 120,079,720 .9896 121,341,673 120,079,720
L1. Commercial Personal 10,899,426 N/A 10,899,426 10,899,426
L2. Industrial Personal 23,912,990 N/A 23,912,990 23,912,990
M. Other Personal 4,821,006 N/A 4,821,006 4,821,006
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 673,001,247 678,177,705 673,001,247
Less Total Deductions 62,707,965   61,862,551 62,707,965
Total Taxable Value 610,293,282 616,315,154 610,293,282 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
619,011,940 610,293,282 619,011,940 610,293,282


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,718,658 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
619,011,940 610,293,282 619,011,940 610,293,282

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