taxes Property Tax Assistance

2024 ISD Summary Worksheet

Veribest ISD (all splits)   Tom Green County  

226-Tom Green/Tom Green County

226-908/Veribest ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 64,740,759 N/A 64,740,759 64,740,759
B - MULTIFAMILY 542,110 N/A 542,110 542,110
C1 - VACANT LOTS 2,835,200 N/A 2,835,200 2,835,200
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,964,410 N/A 14,964,410 14,964,410
D2 - FARM & RANCH IMP 3,858,940 N/A 3,858,940 3,858,940
E - NON-AG LAND AND IMPROVEMENTS 64,032,539 N/A 64,032,539 64,032,539
F1 - COMMERCIAL REAL 10,678,600 N/A 10,678,600 10,678,600
F2 - INDUSTRIAL REAL 11,361,520 N/A 11,361,520 11,361,520
G - ALL MINERALS 11,020 N/A 11,020 11,020
J - ALL UTILITIES 34,770,650 N/A 34,770,650 34,770,650
L1 - COMMERCIAL PERSONAL 19,351,120 N/A 19,351,120 19,351,120
L2 - INDUSTRIAL PERSONAL 23,095,430 N/A 23,095,430 23,095,430
M1 - MOBILE HOMES 1,006,150 N/A 1,006,150 1,006,150
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 318,590 N/A 318,590 318,590
Subtotal 251,567,038 0 251,567,038 251,567,038
Less Total Deductions 62,433,476 0 62,433,476 62,433,476
Total Taxable Value 189,133,562 0 189,133,562 189,133,562

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's office 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 school 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 207,561,012 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 189,133,562 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 207,561,012 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 189,133,562 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 212,586,012 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 215,936,012 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 196,141,903 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 207,561,012 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 189,133,562 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 207,561,012 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 189,133,562 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 212,586,012 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 215,936,012 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 196,141,903 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 18,427,450 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 5,025,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 3,350,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


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226-908-02/Veribest ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 64,740,759 N/A 64,740,759 64,740,759
B - MULTIFAMILY 542,110 N/A 542,110 542,110
C1 - VACANT LOTS 2,835,200 N/A 2,835,200 2,835,200
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,964,410 N/A 14,964,410 14,964,410
D2 - FARM & RANCH IMP 3,858,940 N/A 3,858,940 3,858,940
E - NON-AG LAND AND IMPROVEMENTS 64,032,539 N/A 64,032,539 64,032,539
F1 - COMMERCIAL REAL 10,678,600 N/A 10,678,600 10,678,600
F2 - INDUSTRIAL REAL 11,361,520 N/A 11,361,520 11,361,520
G - ALL MINERALS 11,020 N/A 11,020 11,020
J - ALL UTILITIES 34,770,650 N/A 34,770,650 34,770,650
L1 - COMMERCIAL PERSONAL 19,351,120 N/A 19,351,120 19,351,120
L2 - INDUSTRIAL PERSONAL 23,095,430 N/A 23,095,430 23,095,430
M1 - MOBILE HOMES 1,006,150 N/A 1,006,150 1,006,150
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 318,590 N/A 318,590 318,590
Subtotal 251,567,038 251,567,038 251,567,038
Less Total Deductions 62,433,476 62,433,476 62,433,476
Total Taxable Value 189,133,562 189,133,562 189,133,562

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's office 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 school 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 207,561,012 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 189,133,562 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 207,561,012 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 189,133,562 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 212,586,012 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 215,936,012 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 196,141,903 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 207,561,012 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 189,133,562 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 207,561,012 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 189,133,562 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 212,586,012 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 215,936,012 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 196,141,903 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 18,427,450 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 5,025,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 3,350,000 Loss to the third most recent increase in the state-mandated homestead exemption

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