taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

226/Tom Green

226-908/Veribest ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 28,607,480 .9827 29,111,102 28,607,480
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 234,740 N/A 234,740 234,740
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,073,410 .7049 21,384,649 15,073,410
D2. Real Prop Farm & Ranch 2,317,640 N/A 2,317,640 2,317,640
E. Real Prop NonQual Acres 17,687,860 .9595 18,434,455 17,687,860
F1. Commercial Real 2,593,500 N/A 2,593,500 2,593,500
F2. Industrial Real 8,287,430 N/A 8,287,430 8,287,430
G. Oil, Gas, Minerals 1,169,430 N/A 1,169,430 1,169,430
J. Utilities 16,185,840 .8504 19,033,208 16,185,840
L1. Commercial Personal 13,033,540 1.0126 12,871,361 13,033,540
L2. Industrial Personal 8,125,330 N/A 8,125,330 8,125,330
M. Other Personal 117,760 N/A 117,760 117,760
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 392,830 N/A 392,830 392,830
Subtotal 113,826,790 124,073,435 113,826,790
Less Total Deductions 12,955,680   13,192,616 12,955,680
Total Taxable Value 100,871,110 110,880,819 100,871,110 T2*

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
104,002,930 100,871,110 102,267,131 99,135,311 101,151,498 99,415,699


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,131,820 1,735,799


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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
104,002,930 100,871,110 102,267,131 99,135,311 101,151,498 99,415,699

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value invalid, but local value was certified because your school district is in year one of the grace period.