taxes Property Tax Assistance

2019 ISD Summary Worksheet

226-Tom Green

226-908/Veribest ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	38,106,780	0.9909	38,456,736	38,106,780
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	1,313,070	N/A	1,313,070	1,313,070
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	16,659,600	1.0888	15,301,423	16,659,600
D2. REAL PROP:FARM & RANCH	3,606,630	N/A	3,606,630	3,606,630
E. REAL PROP NONQUAL ACREAGE	27,543,890	1.0049	27,409,583	27,543,890
F1. COMMERCIAL REAL	3,453,770	N/A	3,453,770	3,453,770
F2. INDUSTRIAL REAL	8,608,670	N/A	8,608,670	8,608,670
G. OIL,GAS,MINERALS	74,050	N/A	74,050	74,050
J. UTILITIES	27,181,380	1.0411	26,108,328	27,181,380
L1. COMMERCIAL PERSONAL	26,456,150	1.0135	26,103,749	26,456,150
L2. INDUSTRIAL PERSONAL	15,247,180	N/A	15,247,180	15,247,180
M. MOBILE HOMES	506,660	N/A	506,660	506,660
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	3,339,610	N/A	3,339,610	3,339,610
Subtotal	172,097,440	0	169,529,459	172,097,440
Less Total Deductions	19,985,605	0	20,171,722	19,985,605
Total Taxable Value	152,111,835	0	149,357,737	152,111,835

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
155,206,295	152,111,835	155,206,295	152,111,835

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,094,460	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
155,206,295	152,111,835	155,206,295	152,111,835

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

226-908-02/Veribest ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	38,106,780	0.9909	38,456,736	38,106,780
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	1,313,070	N/A	1,313,070	1,313,070
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	16,659,600	1.0888	15,301,423	16,659,600
D2. REAL PROP:FARM & RANCH	3,606,630	N/A	3,606,630	3,606,630
E. REAL PROP NONQUAL ACREAGE	27,543,890	1.0049	27,409,583	27,543,890
F1. COMMERCIAL REAL	3,453,770	N/A	3,453,770	3,453,770
F2. INDUSTRIAL REAL	8,608,670	N/A	8,608,670	8,608,670
G. OIL,GAS,MINERALS	74,050	N/A	74,050	74,050
J. UTILITIES	27,181,380	1.0411	26,108,328	27,181,380
L1. COMMERCIAL PERSONAL	26,456,150	1.0135	26,103,749	26,456,150
L2. INDUSTRIAL PERSONAL	15,247,180	N/A	15,247,180	15,247,180
M. MOBILE HOMES	506,660	N/A	506,660	506,660
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	3,339,610	N/A	3,339,610	3,339,610
Subtotal	172,097,440		169,529,459	172,097,440
Less Total Deductions	19,985,605		20,171,722	19,985,605
Total Taxable Value	152,111,835		149,357,737	152,111,835

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
155,206,295	152,111,835	155,206,295	152,111,835

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,094,460	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
155,206,295	152,111,835	155,206,295	152,111,835

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