taxes Property Tax Assistance

2022 ISD Summary Worksheet

226-Tom Green/Tom Green County

226-908/Veribest ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 55,514,390 N/A 55,514,390 55,514,390
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 2,594,850 N/A 2,594,850 2,594,850
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 16,205,310 N/A 16,205,310 16,205,310
D2 - FARM & RANCH IMP 4,058,100 N/A 4,058,100 4,058,100
E - NON-AG LAND AND IMPROVEMENTS 48,482,146 N/A 48,482,146 48,482,146
F1 - COMMERCIAL REAL 6,520,200 N/A 6,520,200 6,520,200
F2 - INDUSTRIAL REAL 9,856,090 N/A 9,856,090 9,856,090
G - ALL MINERALS 579,720 N/A 579,720 579,720
J - ALL UTILITIES 29,807,860 N/A 29,807,860 29,807,860
L1 - COMMERCIAL PERSONAL 29,546,460 N/A 29,546,460 29,546,460
L2 - INDUSTRIAL PERSONAL 21,878,870 N/A 21,878,870 21,878,870
M1 - MOBILE HOMES 404,140 N/A 404,140 404,140
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 4,017,950 N/A 4,017,950 4,017,950
Subtotal 229,466,086 0 229,466,086 229,466,086
Less Total Deductions 37,920,150 0 37,920,150 37,920,150
Total Taxable Value 191,545,936 0 191,545,936 191,545,936

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

Measure Value Description
T1 196,126,817 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 191,545,936 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 196,126,817 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 191,545,936 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 199,316,817 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 196,126,817 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 191,545,936 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 196,126,817 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 191,545,936 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 199,316,817 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,580,881 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 3,190,000 Loss to the previous increase in the state-mandated homestead

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

226-908-02/Veribest ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 55,514,390 N/A 55,514,390 55,514,390
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 2,594,850 N/A 2,594,850 2,594,850
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 16,205,310 N/A 16,205,310 16,205,310
D2 - FARM & RANCH IMP 4,058,100 N/A 4,058,100 4,058,100
E - NON-AG LAND AND IMPROVEMENTS 48,482,146 N/A 48,482,146 48,482,146
F1 - COMMERCIAL REAL 6,520,200 N/A 6,520,200 6,520,200
F2 - INDUSTRIAL REAL 9,856,090 N/A 9,856,090 9,856,090
G - ALL MINERALS 579,720 N/A 579,720 579,720
J - ALL UTILITIES 29,807,860 N/A 29,807,860 29,807,860
L1 - COMMERCIAL PERSONAL 29,546,460 N/A 29,546,460 29,546,460
L2 - INDUSTRIAL PERSONAL 21,878,870 N/A 21,878,870 21,878,870
M1 - MOBILE HOMES 404,140 N/A 404,140 404,140
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 4,017,950 N/A 4,017,950 4,017,950
Subtotal 229,466,086 229,466,086 229,466,086
Less Total Deductions 37,920,150 37,920,150 37,920,150
Total Taxable Value 191,545,936 191,545,936 191,545,936

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

Measure Value Description
T1 196,126,817 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 191,545,936 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 196,126,817 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 191,545,936 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 199,316,817 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 196,126,817 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 191,545,936 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 196,126,817 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 191,545,936 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 199,316,817 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,580,881 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 3,190,000 Loss to the previous increase in the state-mandated homestead