taxes Property Tax Assistance

2021 ISD Summary Worksheet

Veribest ISD (all splits)   Tom Green County  

226-Tom Green/Tom Green County

226-908/Veribest ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 42,962,680 1.0030 42,834,177 42,962,680
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 2,299,370 N/A 2,299,370 2,299,370
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 16,630,960 1.1140 14,928,864 16,630,960
D2 - FARM & RANCH IMP 3,335,720 N/A 3,335,720 3,335,720
E - NON-AG LAND AND IMPROVEMENTS 32,779,670 0.9455 34,669,138 32,779,670
F1 - COMMERCIAL REAL 4,084,260 N/A 4,084,260 4,084,260
F2 - INDUSTRIAL REAL 8,983,610 N/A 8,983,610 8,983,610
G - ALL MINERALS 115,290 N/A 115,290 115,290
J - ALL UTILITIES 31,286,690 0.9514 32,884,896 31,286,690
L1 - COMMERCIAL PERSONAL 23,096,100 1.0037 23,010,959 23,096,100
L2 - INDUSTRIAL PERSONAL 16,041,510 N/A 16,041,510 16,041,510
M1 - MOBILE HOMES 438,530 N/A 438,530 438,530
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 3,337,610 N/A 3,337,610 3,337,610
Subtotal 185,392,000 0 186,963,934 185,392,000
Less Total Deductions 20,378,627 0 20,311,298 20,378,627
Total Taxable Value 165,013,373 0 166,652,636 165,013,373

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's office 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 school 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

Measure Value Description
T1 168,184,783 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 165,013,373 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 168,184,783 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 165,013,373 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 168,184,783 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 165,013,373 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 168,184,783 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 165,013,373 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,171,410 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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226-908-02/Veribest ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 42,962,680 1.0030 42,834,177 42,962,680
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 2,299,370 N/A 2,299,370 2,299,370
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 16,630,960 1.1140 14,928,864 16,630,960
D2 - FARM & RANCH IMP 3,335,720 N/A 3,335,720 3,335,720
E - NON-AG LAND AND IMPROVEMENTS 32,779,670 0.9455 34,669,138 32,779,670
F1 - COMMERCIAL REAL 4,084,260 N/A 4,084,260 4,084,260
F2 - INDUSTRIAL REAL 8,983,610 N/A 8,983,610 8,983,610
G - ALL MINERALS 115,290 N/A 115,290 115,290
J - ALL UTILITIES 31,286,690 0.9514 32,884,896 31,286,690
L1 - COMMERCIAL PERSONAL 23,096,100 1.0037 23,010,959 23,096,100
L2 - INDUSTRIAL PERSONAL 16,041,510 N/A 16,041,510 16,041,510
M1 - MOBILE HOMES 438,530 N/A 438,530 438,530
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 3,337,610 N/A 3,337,610 3,337,610
Subtotal 185,392,000 186,963,934 185,392,000
Less Total Deductions 20,378,627 20,311,298 20,378,627
Total Taxable Value 165,013,373 166,652,636 165,013,373

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's office 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 school 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

Measure Value Description
T1 168,184,783 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 165,013,373 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 168,184,783 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 165,013,373 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 168,184,783 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 165,013,373 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 168,184,783 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 165,013,373 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,171,410 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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