taxes Property Tax Assistance

2019 ISD Summary Worksheet

078-Foard

244-903/Vernon ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	25,310	N/A	25,310	25,310
C1. VACANT LOTS	6,420	N/A	6,420	6,420
D1. QUALIFIED AG LAND	355,810	N/A	355,810	355,810
D2. REAL PROP:FARM & RANCH	130,090	N/A	130,090	130,090
E. REAL PROP NONQUAL ACREAGE	503,970	N/A	503,970	503,970
F2. INDUSTRIAL REAL	360	N/A	360	360
G. OIL,GAS,MINERALS	2,190	N/A	2,190	2,190
J. UTILITIES	166,370	N/A	166,370	166,370
Subtotal	1,190,520	0	1,190,520	1,190,520
Less Total Deductions	132,820	0	132,820	132,820
Total Taxable Value	1,057,700	0	1,057,700	1,057,700

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
1,097,700	1,057,700	1,097,700	1,057,700

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
40,000	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
1,097,700	1,057,700	1,097,700	1,057,700

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

244-Wilbarger

244-903/Vernon ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	241,540,740	N/A	241,540,740	241,540,740
B. MULTIFAMILY RESIDENCES	9,840,700	N/A	9,840,700	9,840,700
C1. VACANT LOTS	5,569,670	N/A	5,569,670	5,569,670
D1. QUALIFIED AG LAND	26,771,048	N/A	26,771,048	26,771,048
D2. REAL PROP:FARM & RANCH	6,040,140	N/A	6,040,140	6,040,140
E. REAL PROP NONQUAL ACREAGE	22,447,750	N/A	22,447,750	22,447,750
F1. COMMERCIAL REAL	65,155,000	N/A	65,155,000	65,155,000
F2. INDUSTRIAL REAL	265,730,670	N/A	265,730,670	265,730,670
G. OIL,GAS,MINERALS	12,547,270	N/A	12,547,270	12,547,270
J. UTILITIES	291,926,130	N/A	291,926,130	291,926,130
L1. COMMERCIAL PERSONAL	32,832,445	N/A	32,832,445	32,832,445
L2. INDUSTRIAL PERSONAL	80,132,780	N/A	80,132,780	80,132,780
M. MOBILE HOMES	1,886,210	N/A	1,886,210	1,886,210
S. SPECIAL INVENTORY	10,851,080	N/A	10,851,080	10,851,080
Subtotal	1,073,271,633	0	1,073,271,633	1,073,271,633
Less Total Deductions	190,571,655	0	190,571,655	190,571,655
Total Taxable Value	882,699,978	0	882,699,978	882,699,978

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
905,110,750	882,699,978	905,110,750	882,699,978

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
22,410,772	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
998,131,390	975,720,618	998,131,390	975,720,618

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

244-903-02/Vernon ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	241,566,050	N/A	241,566,050	241,566,050
B. MULTIFAMILY RESIDENCES	9,840,700	N/A	9,840,700	9,840,700
C1. VACANT LOTS	5,576,090	N/A	5,576,090	5,576,090
D1. QUALIFIED AG LAND	27,126,858	N/A	27,126,858	27,126,858
D2. REAL PROP:FARM & RANCH	6,170,230	N/A	6,170,230	6,170,230
E. REAL PROP NONQUAL ACREAGE	22,951,720	N/A	22,951,720	22,951,720
F1. COMMERCIAL REAL	65,155,000	N/A	65,155,000	65,155,000
F2. INDUSTRIAL REAL	265,731,030	N/A	265,731,030	265,731,030
G. OIL,GAS,MINERALS	12,549,460	N/A	12,549,460	12,549,460
J. UTILITIES	292,092,500	N/A	292,092,500	292,092,500
L1. COMMERCIAL PERSONAL	32,832,445	N/A	32,832,445	32,832,445
L2. INDUSTRIAL PERSONAL	80,132,780	N/A	80,132,780	80,132,780
M. MOBILE HOMES	1,886,210	N/A	1,886,210	1,886,210
S. SPECIAL INVENTORY	10,851,080	N/A	10,851,080	10,851,080
Subtotal	1,074,462,153		1,074,462,153	1,074,462,153
Less Total Deductions	190,704,475		190,704,475	190,704,475
Total Taxable Value	883,757,678		883,757,678	883,757,678

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
906,208,450	883,757,678	906,208,450	883,757,678

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
22,450,772	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
999,229,090	976,778,318	999,229,090	976,778,318

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