taxes Property Tax Assistance

2020 ISD Summary Worksheet

226-Tom Green

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