taxes Property Tax Assistance

2020 ISD Summary Worksheet

226-Tom Green /Tom Green County

226-908/Veribest ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	39,130,380	N/A	39,130,380	39,130,380
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,355,620	N/A	1,355,620	1,355,620
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	16,768,740	N/A	16,768,740	16,768,740
D2 - FARM & RANCH IMP	3,582,590	N/A	3,582,590	3,582,590
E - NON-AG LAND AND IMPROVEMENTS	28,208,090	N/A	28,208,090	28,208,090
F1 - COMMERCIAL REAL	3,992,380	N/A	3,992,380	3,992,380
F2 - INDUSTRIAL REAL	8,581,870	N/A	8,581,870	8,581,870
G - ALL MINERALS	319,790	N/A	319,790	319,790
J - ALL UTILITIES	25,501,130	N/A	25,501,130	25,501,130
L1 - COMMERCIAL PERSONAL	28,098,680	N/A	28,098,680	28,098,680
L2 - INDUSTRIAL PERSONAL	16,520,520	N/A	16,520,520	16,520,520
M1 - MOBILE HOMES	422,240	N/A	422,240	422,240
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	3,189,890	N/A	3,189,890	3,189,890
Subtotal	175,671,920	0	175,671,920	175,671,920
Less Total Deductions	18,200,434	0	18,200,434	18,200,434
Total Taxable Value	157,471,486	0	157,471,486	157,471,486

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
160,642,346	157,471,486	160,642,346	157,471,486

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,170,860	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
160,642,346	157,471,486	160,642,346	157,471,486

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	39,130,380	N/A	39,130,380	39,130,380
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,355,620	N/A	1,355,620	1,355,620
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	16,768,740	N/A	16,768,740	16,768,740
D2 - FARM & RANCH IMP	3,582,590	N/A	3,582,590	3,582,590
E - NON-AG LAND AND IMPROVEMENTS	28,208,090	N/A	28,208,090	28,208,090
F1 - COMMERCIAL REAL	3,992,380	N/A	3,992,380	3,992,380
F2 - INDUSTRIAL REAL	8,581,870	N/A	8,581,870	8,581,870
G - ALL MINERALS	319,790	N/A	319,790	319,790
J - ALL UTILITIES	25,501,130	N/A	25,501,130	25,501,130
L1 - COMMERCIAL PERSONAL	28,098,680	N/A	28,098,680	28,098,680
L2 - INDUSTRIAL PERSONAL	16,520,520	N/A	16,520,520	16,520,520
M1 - MOBILE HOMES	422,240	N/A	422,240	422,240
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	3,189,890	N/A	3,189,890	3,189,890
Subtotal	175,671,920		175,671,920	175,671,920
Less Total Deductions	18,200,434		18,200,434	18,200,434
Total Taxable Value	157,471,486		157,471,486	157,471,486

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
160,642,346	157,471,486	160,642,346	157,471,486

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,170,860	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
160,642,346	157,471,486	160,642,346	157,471,486

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