taxes Property Tax Assistance

2021 ISD Summary Worksheet

078-Foard /Foard County

244-903/Vernon ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 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	295,920	N/A	295,920	295,920
D2 - FARM & RANCH IMP	123,920	N/A	123,920	123,920
E - NON-AG LAND AND IMPROVEMENTS	587,430	N/A	587,430	587,430
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	360	N/A	360	360
G - ALL MINERALS	2,930	N/A	2,930	2,930
J - ALL UTILITIES	177,490	N/A	177,490	177,490
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	1,218,930	0	1,218,930	1,218,930
Less Total Deductions	174,970	0	174,970	174,970
Total Taxable Value	1,043,960	0	1,043,960	1,043,960

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
1,103,960	1,043,960	1,103,960	1,043,960

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
60,000	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
1,103,960	1,043,960	1,103,960	1,043,960

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	273,948,210	1.0439	262,427,637	273,948,210
B - MULTIFAMILY	9,855,700	N/A	9,855,700	9,855,700
C1 - VACANT LOTS	6,548,530	N/A	6,548,530	6,548,530
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	19,271,768	1.0765	17,901,541	19,271,768
D2 - FARM & RANCH IMP	7,066,760	N/A	7,066,760	7,066,760
E - NON-AG LAND AND IMPROVEMENTS	34,718,190	N/A	34,718,190	34,718,190
F1 - COMMERCIAL REAL	64,652,700	0.9508	67,998,212	64,652,700
F2 - INDUSTRIAL REAL	309,630,640	N/A	309,630,640	309,630,640
G - ALL MINERALS	8,533,260	N/A	8,533,260	8,533,260
J - ALL UTILITIES	327,409,940	0.9445	346,648,957	327,409,940
L1 - COMMERCIAL PERSONAL	34,354,180	N/A	34,354,180	34,354,180
L2 - INDUSTRIAL PERSONAL	59,571,060	N/A	59,571,060	59,571,060
M1 - MOBILE HOMES	2,265,930	N/A	2,265,930	2,265,930
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	13,240,720	N/A	13,240,720	13,240,720
Subtotal	1,171,067,588	0	1,180,761,317	1,171,067,588
Less Total Deductions	326,655,035	0	323,611,932	326,655,035
Total Taxable Value	844,412,553	0	857,149,385	844,412,553

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
866,384,145	844,412,553	866,384,145	844,412,553

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
21,971,592	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
1,093,323,665	1,071,352,073	1,093,323,665	1,071,352,073

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

244-903-02/Vernon ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	273,972,430	1.0439	262,451,857	273,972,430
B - MULTIFAMILY	9,855,700	N/A	9,855,700	9,855,700
C1 - VACANT LOTS	6,555,190	N/A	6,555,190	6,555,190
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	19,567,688	1.0753	18,197,461	19,567,688
D2 - FARM & RANCH IMP	7,190,680	N/A	7,190,680	7,190,680
E - NON-AG LAND AND IMPROVEMENTS	35,305,620	N/A	35,305,620	35,305,620
F1 - COMMERCIAL REAL	64,652,700	0.9508	67,998,212	64,652,700
F2 - INDUSTRIAL REAL	309,631,000	N/A	309,631,000	309,631,000
G - ALL MINERALS	8,536,190	N/A	8,536,190	8,536,190
J - ALL UTILITIES	327,587,430	0.9445	346,826,447	327,587,430
L1 - COMMERCIAL PERSONAL	34,354,180	N/A	34,354,180	34,354,180
L2 - INDUSTRIAL PERSONAL	59,571,060	N/A	59,571,060	59,571,060
M1 - MOBILE HOMES	2,265,930	N/A	2,265,930	2,265,930
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	13,240,720	N/A	13,240,720	13,240,720
Subtotal	1,172,286,518		1,181,980,247	1,172,286,518
Less Total Deductions	326,830,005		323,786,902	326,830,005
Total Taxable Value	845,456,513		858,193,345	845,456,513

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
867,488,105	845,456,513	867,488,105	845,456,513

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
22,031,592	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
1,094,427,625	1,072,396,033	1,094,427,625	1,072,396,033

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