taxes Property Tax Assistance

2020 ISD Summary Worksheet

078-Foard /Foard County

244-903/Vernon ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 24,220 N/A 24,220 24,220
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 6,660 N/A 6,660 6,660
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 327,730 N/A 327,730 327,730
D2 - FARM & RANCH IMP 123,920 N/A 123,920 123,920
E - NON-AG LAND AND IMPROVEMENTS 474,690 N/A 474,690 474,690
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 360 N/A 360 360
G - ALL MINERALS 2,200 N/A 2,200 2,200
J - ALL UTILITIES 172,430 N/A 172,430 172,430
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 0 N/A 0 0
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,132,210 0 1,132,210 1,132,210
Less Total Deductions 145,530 0 145,530 145,530
Total Taxable Value 986,680 0 986,680 986,680

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
1,036,680 986,680 1,036,680 986,680


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
50,000 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
1,036,680 986,680 1,036,680 986,680

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 /Wilbarger County

244-903/Vernon ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 235,007,270 0.8854 265,424,972 235,007,270
B - MULTIFAMILY 9,220,710 N/A 9,220,710 9,220,710
C1 - VACANT LOTS 5,154,330 N/A 5,154,330 5,154,330
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 25,943,893 1.0592 24,494,644 25,943,893
D2 - FARM & RANCH IMP 7,327,820 N/A 7,327,820 7,327,820
E - NON-AG LAND AND IMPROVEMENTS 31,379,930 N/A 31,379,930 31,379,930
F1 - COMMERCIAL REAL 68,818,290 0.9516 72,318,506 68,818,290
F2 - INDUSTRIAL REAL 410,765,910 N/A 410,765,910 410,765,910
G - ALL MINERALS 13,183,320 N/A 13,183,320 13,183,320
J - ALL UTILITIES 306,641,410 0.9574 320,285,576 306,641,410
L1 - COMMERCIAL PERSONAL 30,581,483 N/A 30,581,483 30,581,483
L2 - INDUSTRIAL PERSONAL 84,865,000 N/A 84,865,000 84,865,000
M1 - MOBILE HOMES 1,749,050 N/A 1,749,050 1,749,050
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 12,672,930 N/A 12,672,930 12,672,930
Subtotal 1,243,311,346 0 1,289,424,181 1,243,311,346
Less Total Deductions 354,955,478 0 360,354,713 354,955,478
Total Taxable Value 888,355,868 0 929,069,468 888,355,868

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
910,313,460 888,355,868 910,313,460 888,355,868


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,957,592 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
1,174,653,600 1,152,696,008 1,174,653,600 1,152,696,008

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

244-903-02/Vernon ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 235,031,490 0.8854 265,449,192 235,031,490
B - MULTIFAMILY 9,220,710 N/A 9,220,710 9,220,710
C1 - VACANT LOTS 5,160,990 N/A 5,160,990 5,160,990
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 26,271,623 1.0584 24,822,374 26,271,623
D2 - FARM & RANCH IMP 7,451,740 N/A 7,451,740 7,451,740
E - NON-AG LAND AND IMPROVEMENTS 31,854,620 N/A 31,854,620 31,854,620
F1 - COMMERCIAL REAL 68,818,290 0.9516 72,318,506 68,818,290
F2 - INDUSTRIAL REAL 410,766,270 N/A 410,766,270 410,766,270
G - ALL MINERALS 13,185,520 N/A 13,185,520 13,185,520
J - ALL UTILITIES 306,813,840 0.9574 320,458,006 306,813,840
L1 - COMMERCIAL PERSONAL 30,581,483 N/A 30,581,483 30,581,483
L2 - INDUSTRIAL PERSONAL 84,865,000 N/A 84,865,000 84,865,000
M1 - MOBILE HOMES 1,749,050 N/A 1,749,050 1,749,050
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 12,672,930 N/A 12,672,930 12,672,930
Subtotal 1,244,443,556 1,290,556,391 1,244,443,556
Less Total Deductions 355,101,008 360,500,243 355,101,008
Total Taxable Value 889,342,548 930,056,148 889,342,548

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
911,350,140 889,342,548 911,350,140 889,342,548


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
22,007,592 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
1,175,690,280 1,153,682,688 1,175,690,280 1,153,682,688

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