taxes Property Tax Assistance

2020 ISD Summary Worksheet

078-Foard

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

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	0.8553	358,519,128	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	1,327,657,733	1,243,311,346
Less Total Deductions	354,955,478	0	360,354,713	354,955,478
Total Taxable Value	888,355,868	0	967,303,020	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	0.8554	358,691,558	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		1,328,789,943	1,244,443,556
Less Total Deductions	355,101,008		360,500,243	355,101,008
Total Taxable Value	889,342,548		968,289,700	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