taxes Property Tax Assistance

2022 ISD Summary Worksheet

078-Foard /Foard County

244-903/Vernon ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 20,690 N/A 20,690 20,690
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 7,340 N/A 7,340 7,340
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 335,710 N/A 335,710 335,710
D2 - FARM & RANCH IMP 325,050 N/A 325,050 325,050
E - NON-AG LAND AND IMPROVEMENTS 560,830 N/A 560,830 560,830
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 192,970 N/A 192,970 192,970
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 1,445,880 0 1,445,880 1,445,880
Less Total Deductions 286,990 0 286,990 286,990
Total Taxable Value 1,158,890 0 1,158,890 1,158,890

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 T13
1,243,590 1,158,890 1,243,590 1,158,890 1,303,590


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
84,700 0 60,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
1,243,590 1,158,890 1,243,590 1,158,890 1,303,590

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

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 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 280,662,180 0.9542 294,133,494 280,662,180
B - MULTIFAMILY 10,302,280 N/A 10,302,280 10,302,280
C1 - VACANT LOTS 6,381,950 N/A 6,381,950 6,381,950
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 17,494,710 1.1350 15,413,229 17,494,710
D2 - FARM & RANCH IMP 7,541,480 N/A 7,541,480 7,541,480
E - NON-AG LAND AND IMPROVEMENTS 46,490,070 N/A 46,490,070 46,490,070
F1 - COMMERCIAL REAL 65,632,640 0.9830 66,767,691 65,632,640
F2 - INDUSTRIAL REAL 369,787,936 N/A 369,787,936 369,787,936
G - ALL MINERALS 24,240,947 N/A 24,240,947 24,240,947
J - ALL UTILITIES 313,372,514 0.9126 343,384,302 313,372,514
L1 - COMMERCIAL PERSONAL 34,018,300 N/A 34,018,300 34,018,300
L2 - INDUSTRIAL PERSONAL 93,791,789 N/A 93,791,789 93,791,789
M1 - MOBILE HOMES 2,788,160 N/A 2,788,160 2,788,160
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 11,324,230 N/A 11,324,230 11,324,230
Subtotal 1,283,829,186 0 1,326,365,858 1,283,829,186
Less Total Deductions 312,553,168 0 316,281,329 312,553,168
Total Taxable Value 971,276,018 0 1,010,084,529 971,276,018

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 T13
999,724,175 971,276,018 999,724,175 971,276,018 1,023,594,175


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
28,448,157 0 23,870,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
1,186,878,749 1,158,430,592 1,186,878,749 1,158,430,592 1,210,748,749

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

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

244-903-02/Vernon ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 280,682,870 0.9542 294,154,184 280,682,870
B - MULTIFAMILY 10,302,280 N/A 10,302,280 10,302,280
C1 - VACANT LOTS 6,389,290 N/A 6,389,290 6,389,290
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 17,830,420 1.1322 15,748,939 17,830,420
D2 - FARM & RANCH IMP 7,866,530 N/A 7,866,530 7,866,530
E - NON-AG LAND AND IMPROVEMENTS 47,050,900 N/A 47,050,900 47,050,900
F1 - COMMERCIAL REAL 65,632,640 0.9830 66,767,691 65,632,640
F2 - INDUSTRIAL REAL 369,788,296 N/A 369,788,296 369,788,296
G - ALL MINERALS 24,243,877 N/A 24,243,877 24,243,877
J - ALL UTILITIES 313,565,484 0.9126 343,577,272 313,565,484
L1 - COMMERCIAL PERSONAL 34,018,300 N/A 34,018,300 34,018,300
L2 - INDUSTRIAL PERSONAL 93,791,789 N/A 93,791,789 93,791,789
M1 - MOBILE HOMES 2,788,160 N/A 2,788,160 2,788,160
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 11,324,230 N/A 11,324,230 11,324,230
Subtotal 1,285,275,066 1,327,811,738 1,285,275,066
Less Total Deductions 312,840,158 316,568,319 312,840,158
Total Taxable Value 972,434,908 1,011,243,419 972,434,908

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 T13
1,000,967,765 972,434,908 1,000,967,765 972,434,908 1,024,897,765


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
28,532,857 0 23,930,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
1,188,122,339 1,159,589,482 1,188,122,339 1,159,589,482 1,212,052,339

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement