taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

136/Kinney

136-901/Brackett ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 80,689,184 .9245 87,278,728 80,689,184
B. Multi-Family Residences 1,250,188 N/A 1,250,188 1,250,188
C1. Vacant Lots 4,456,542 N/A 4,456,542 4,456,542
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 39,338,475 .8914 44,131,267 39,338,475
D2. Real Prop Farm & Ranch 10,367,949 N/A 10,367,949 10,367,949
E. Real Prop NonQual Acres 51,739,435 .8883 58,245,452 51,739,435
F1. Commercial Real 9,041,445 N/A 9,041,445 9,041,445
F2. Industrial Real 5,468 N/A 5,468 5,468
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 92,011,398 .9909 92,856,391 92,011,398
L1. Commercial Personal 223,668,482 N/A 223,668,482 223,668,482
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 71,470 N/A 71,470 71,470
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 512,640,036 531,373,382 512,640,036
Less Total Deductions 154,905,299   157,573,729 154,905,299
Total Taxable Value 357,734,737 373,799,653 357,734,737 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
365,174,514 357,734,737 365,174,514 357,734,737


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,439,777 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
484,774,514 477,334,737 484,774,514 477,334,737

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 invalid, but local value was certified because your school district is in year one of the grace period.