taxes Property Tax Assistance

2018 ISD Summary Worksheet

025/Brown

025-902/Brownwood ISD

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


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 597,236,977 .9001 663,522,916 597,236,977
B. Multi-Family Residences 35,055,340 N/A 35,055,340 35,055,340
C1. Vacant Lots 43,181,225 N/A 43,181,225 43,181,225
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,896,840 1.2559 4,695,401 5,896,840
D2. Real Prop Farm & Ranch 2,145,330 N/A 2,145,330 2,145,330
E. Real Prop NonQual Acres 65,119,781 .7520 86,595,453 65,119,781
F1. Commercial Real 243,882,140 .9162 266,188,758 243,882,140
F2. Industrial Real 85,497,150 N/A 85,497,150 85,497,150
G. Oil, Gas, Minerals 48,642 N/A 48,642 48,642
J. Utilities 71,064,620 .9205 77,202,194 71,064,620
L1. Commercial Personal 105,805,180 1.0139 104,354,650 105,805,180
L2. Industrial Personal 352,719,950 N/A 352,719,950 352,719,950
M. Other Personal 2,201,060 N/A 2,201,060 2,201,060
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 8,579,130 N/A 8,579,130 8,579,130
S. Special Inventory 5,065,130 N/A 5,065,130 5,065,130
Subtotal 1,623,498,495 1,737,052,329 1,623,498,495
Less Total Deductions 177,408,977   198,742,359 177,408,977
Total Taxable Value 1,446,089,518 1,538,309,970 1,446,089,518 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
1,484,112,877 1,446,089,518 1,484,112,877 1,446,089,518


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
38,023,359 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
1,484,112,877 1,446,089,518 1,484,112,877 1,446,089,518

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.