taxes Property Tax Assistance

2022 ISD Summary Worksheet

136-Kinney /Kinney County

136-901/Brackett ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	115,229,703	0.8101	142,241,332	142,241,332
B - MULTIFAMILY	1,715,069	N/A	1,715,069	1,715,069
C1 - VACANT LOTS	4,093,730	N/A	4,093,730	4,093,730
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	53,837,711	0.8836	60,931,492	60,931,492
D2 - FARM & RANCH IMP	10,424,365	N/A	10,424,365	10,424,365
E - NON-AG LAND AND IMPROVEMENTS	73,342,079	0.8223	89,191,389	89,191,389
F1 - COMMERCIAL REAL	10,729,522	N/A	10,729,522	10,729,522
F2 - INDUSTRIAL REAL	713,749	N/A	713,749	713,749
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	593,719,822	0.8790	675,449,172	675,449,172
L1 - COMMERCIAL PERSONAL	19,211,799	N/A	19,211,799	19,211,799
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	64,671	N/A	64,671	64,671
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	3,981	N/A	3,981	3,981
Subtotal	883,086,201	0	1,014,770,271	1,014,770,271
Less Total Deductions	101,918,047	0	111,996,666	111,996,666
Total Taxable Value	781,168,154	0	902,773,605	902,773,605

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	T13
912,317,781	902,773,605	912,317,781	902,773,605	922,087,781

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
9,544,176	0	9,770,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
935,317,781	925,773,605	935,317,781	925,773,605	945,087,781

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

136-901-02/Brackett ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	115,229,703	0.8101	142,241,332	142,241,332
B - MULTIFAMILY	1,715,069	N/A	1,715,069	1,715,069
C1 - VACANT LOTS	4,093,730	N/A	4,093,730	4,093,730
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	53,837,711	0.8836	60,931,492	60,931,492
D2 - FARM & RANCH IMP	10,424,365	N/A	10,424,365	10,424,365
E - NON-AG LAND AND IMPROVEMENTS	73,342,079	0.8223	89,191,389	89,191,389
F1 - COMMERCIAL REAL	10,729,522	N/A	10,729,522	10,729,522
F2 - INDUSTRIAL REAL	713,749	N/A	713,749	713,749
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	593,719,822	0.8790	675,449,172	675,449,172
L1 - COMMERCIAL PERSONAL	19,211,799	N/A	19,211,799	19,211,799
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	64,671	N/A	64,671	64,671
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	3,981	N/A	3,981	3,981
Subtotal	883,086,201		1,014,770,271	1,014,770,271
Less Total Deductions	101,918,047		111,996,666	111,996,666
Total Taxable Value	781,168,154		902,773,605	902,773,605

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	T13
912,317,781	902,773,605	912,317,781	902,773,605	922,087,781

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
9,544,176	0	9,770,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
935,317,781	925,773,605	935,317,781	925,773,605	945,087,781

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement