taxes Property Tax Assistance

2019 ISD Summary Worksheet

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 241,540,740 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 1,073,271,633 1,073,271,633
Less Total Deductions 190,571,655 190,571,655 190,571,655
Total Taxable Value 882,699,978 882,699,978 882,699,978

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