taxes Property Tax Assistance

2016 ISD Summary Worksheet

136/Kinney

136-901/Brackett ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 86,716,704 1.0365 83,663,004 86,716,704
B. Multi-Family Residences 1,323,370 N/A 1,323,370 1,323,370
C1. Vacant Lots 4,057,050 N/A 4,057,050 4,057,050
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 41,712,503 .9133 45,670,387 41,712,503
D2. Real Prop Farm & Ranch 11,194,299 N/A 11,194,299 11,194,299
E. Real Prop NonQual Acres 41,920,729 .7991 52,459,929 41,920,729
F1. Commercial Real 8,730,078 N/A 8,730,078 8,730,078
F2. Industrial Real 5,468 N/A 5,468 5,468
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 98,254,968 1.0462 93,916,047 98,254,968
L1. Commercial Personal 209,543,983 N/A 209,543,983 209,543,983
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 65,226 N/A 65,226 65,226
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 503,524,378 510,628,841 503,524,378
Less Total Deductions 199,652,714   198,446,880 199,652,714
Total Taxable Value 303,871,664 312,181,961 303,871,664 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
311,486,473 303,871,664 311,486,473 303,871,664


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,614,809 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
467,620,823 460,006,014 467,620,823 460,006,014

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