taxes Property Tax Assistance

2018 ISD Summary Worksheet

024/Brooks

024-901/Brooks County ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 90,034,926 .9663 93,174,921 90,034,926
B. Multi-Family Residences 152,856 N/A 152,856 152,856
C1. Vacant Lots 3,330,586 N/A 3,330,586 3,330,586
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 64,487,049 .9309 69,274,928 64,487,049
D2. Real Prop Farm & Ranch 98,388 N/A 98,388 98,388
E. Real Prop NonQual Acres 65,166,650 .9939 65,566,606 65,166,650
F1. Commercial Real 31,138,209 .9325 33,392,181 31,138,209
F2. Industrial Real 590,420 N/A 590,420 590,420
G. Oil, Gas, Minerals 157,527,210 1.0099 155,982,979 157,527,210
J. Utilities 168,323,740 .9557 176,126,127 168,323,740
L1. Commercial Personal 8,561,233 N/A 8,561,233 8,561,233
L2. Industrial Personal 12,728,140 N/A 12,728,140 12,728,140
M. Other Personal 5,136,598 N/A 5,136,598 5,136,598
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 607,276,005 624,115,963 607,276,005
Less Total Deductions 59,240,627   60,824,456 59,240,627
Total Taxable Value 548,035,378 563,291,507 548,035,378 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
558,707,783 548,035,378 558,707,783 548,035,378


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,672,405 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
558,707,783 548,035,378 558,707,783 548,035,378

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