taxes Property Tax Assistance

2021 ISD Summary Worksheet

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 14,928,629 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 0 186,963,699 185,392,000
Less Total Deductions 20,378,627 0 20,311,298 20,378,627
Total Taxable Value 165,013,373 0 166,652,401 165,013,373

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 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
168,184,783 165,013,373 168,184,783 165,013,373


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,171,410 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
168,184,783 165,013,373 168,184,783 165,013,373

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 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 14,928,629 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 185,392,000 186,963,699 185,392,000
Less Total Deductions 20,378,627 20,311,298 20,378,627
Total Taxable Value 165,013,373 166,652,401 165,013,373

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 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
168,184,783 165,013,373 168,184,783 165,013,373


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,171,410 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
168,184,783 165,013,373 168,184,783 165,013,373

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