taxes Property Tax Assistance

2016 ISD Summary Worksheet

020/Brazoria

020-910/Damon ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 26,521,740 .9545 27,786,003 26,521,740
B. Multi-Family Residences 295,010 N/A 295,010 295,010
C1. Vacant Lots 3,358,653 N/A 3,358,653 3,358,653
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,966,652 1.0367 3,826,369 3,966,652
D2. Real Prop Farm & Ranch 407,310 N/A 407,310 407,310
E. Real Prop NonQual Acres 13,406,236 1.0399 12,891,851 13,406,236
F1. Commercial Real 3,444,410 .8425 4,088,320 3,444,410
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 184,790 N/A 184,790 184,790
J. Utilities 15,454,920 .8847 17,469,108 15,454,920
L1. Commercial Personal 2,857,450 N/A 2,857,450 2,857,450
L2. Industrial Personal 26,710 N/A 26,710 26,710
M. Other Personal 823,230 N/A 823,230 823,230
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 70,747,111 74,014,804 70,747,111
Less Total Deductions 11,941,609   12,441,607 11,941,609
Total Taxable Value 58,805,502 61,573,197 58,805,502 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
60,965,293 58,805,502 60,965,293 58,805,502


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,159,791 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
60,965,293 58,805,502 60,965,293 58,805,502

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