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

T1	T2	T3	T4	T13
196,126,817	191,545,936	196,126,817	191,545,936	199,316,817

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
4,580,881	0	3,190,000

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
196,126,817	191,545,936	196,126,817	191,545,936	199,316,817

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

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

T1	T2	T3	T4	T13
196,126,817	191,545,936	196,126,817	191,545,936	199,316,817

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
4,580,881	0	3,190,000

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
196,126,817	191,545,936	196,126,817	191,545,936	199,316,817

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