taxes Property Tax Assistance

2023 ISD Summary Worksheet

136-Kinney/Kinney County

136-901/Brackett ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 131,973,783 0.8942 147,588,664 147,588,664
B - MULTIFAMILY 1,911,083 N/A 1,911,083 1,911,083
C1 - VACANT LOTS 6,329,723 N/A 6,329,723 6,329,723
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 56,846,641 0.9120 62,332,251 62,332,251
D2 - FARM & RANCH IMP 3,481,234 N/A 3,481,234 3,481,234
E - NON-AG LAND AND IMPROVEMENTS 95,398,030 1.0524 90,648,071 90,648,071
F1 - COMMERCIAL REAL 12,626,508 N/A 12,626,508 12,626,508
F2 - INDUSTRIAL REAL 598,144 N/A 598,144 598,144
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 705,949,663 0.9575 737,284,243 737,284,243
L1 - COMMERCIAL PERSONAL 58,998,664 N/A 58,998,664 58,998,664
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 4,131 N/A 4,131 4,131
Subtotal 1,074,182,275 0 1,121,867,387 1,121,867,387
Less Total Deductions 159,592,584 0 165,943,222 165,943,222
Total Taxable Value 914,589,691 0 955,924,165 955,924,165

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

Measure Value Description
T1 980,118,266 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 955,924,165 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 980,118,266 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 955,924,165 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 994,713,266 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,004,443,266 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 960,917,739 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,000,318,266 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 976,124,165 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 1,000,318,266 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 976,124,165 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,014,913,266 T13 plus the loss to the chapter 313 agreement
T16 1,024,643,266 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 981,117,739 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 24,194,101 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 14,595,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 9,730,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE

136-901-02/Brackett ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 131,973,783 0.8942 147,588,664 147,588,664
B - MULTIFAMILY 1,911,083 N/A 1,911,083 1,911,083
C1 - VACANT LOTS 6,329,723 N/A 6,329,723 6,329,723
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 56,846,641 0.9120 62,332,251 62,332,251
D2 - FARM & RANCH IMP 3,481,234 N/A 3,481,234 3,481,234
E - NON-AG LAND AND IMPROVEMENTS 95,398,030 1.0524 90,648,071 90,648,071
F1 - COMMERCIAL REAL 12,626,508 N/A 12,626,508 12,626,508
F2 - INDUSTRIAL REAL 598,144 N/A 598,144 598,144
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 705,949,663 0.9575 737,284,243 737,284,243
L1 - COMMERCIAL PERSONAL 58,998,664 N/A 58,998,664 58,998,664
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 4,131 N/A 4,131 4,131
Subtotal 1,074,182,275 1,121,867,387 1,121,867,387
Less Total Deductions 159,592,584 165,943,222 165,943,222
Total Taxable Value 914,589,691 955,924,165 955,924,165

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

Measure Value Description
T1 980,118,266 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 955,924,165 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 980,118,266 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 955,924,165 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 994,713,266 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,004,443,266 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 960,917,739 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,000,318,266 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 976,124,165 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 1,000,318,266 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 976,124,165 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,014,913,266 T13 plus the loss to the chapter 313 agreement
T16 1,024,643,266 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 981,117,739 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 24,194,101 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 14,595,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 9,730,000 Loss to Second Previous Homestead Increase