taxes Property Tax Assistance

2016 ISD Summary Worksheet

024/Brooks

024-901/Brooks County ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 89,666,271 .9417 95,217,448 89,666,271
B. Multi-Family Residences 152,884 N/A 152,884 152,884
C1. Vacant Lots 3,355,053 N/A 3,355,053 3,355,053
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 58,850,356 .9681 60,786,836 58,850,356
D2. Real Prop Farm & Ranch 4,292,332 N/A 4,292,332 4,292,332
E. Real Prop NonQual Acres 57,380,524 1.6911 33,930,888 57,380,524
F1. Commercial Real 35,384,976 .8634 40,983,294 35,384,976
F2. Industrial Real 1,000,110 N/A 1,000,110 1,000,110
G. Oil, Gas, Minerals 106,561,240 1.0077 105,746,988 106,561,240
J. Utilities 129,659,490 1.0231 126,731,981 129,659,490
L1. Commercial Personal 9,423,527 N/A 9,423,527 9,423,527
L2. Industrial Personal 24,853,350 N/A 24,853,350 24,853,350
M. Other Personal 5,424,085 N/A 5,424,085 5,424,085
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 526,004,198 511,898,776 526,004,198
Less Total Deductions 61,897,916   64,948,758 61,897,916
Total Taxable Value 464,106,282 446,950,018 464,106,282 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
473,628,576 464,106,282 473,628,576 464,106,282


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,522,294 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
473,628,576 464,106,282 473,628,576 464,106,282

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