taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

078/Foard

244-903/Vernon ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 18,930 N/A 18,930 18,930
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 6,420 N/A 6,420 6,420
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 343,370 N/A 343,370 343,370
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 557,840 N/A 557,840 557,840
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 360 N/A 360 360
G. Oil, Gas, Minerals 2,250 N/A 2,250 2,250
J. Utilities 97,240 N/A 97,240 97,240
L1. Commercial Personal 8,450 N/A 8,450 8,450
L2. Industrial Personal 15,700 N/A 15,700 15,700
M. Other Personal 0 N/A 0 0
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 1,050,560 1,050,560 1,050,560
Less Total Deductions 150,386   150,386 150,386
Total Taxable Value 900,174 900,174 900,174 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
944,674 900,174 944,674 900,174 900,174 900,174


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
44,500 0


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
944,674 900,174 944,674 900,174 900,174 900,174

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 to be valid, and local value was certified

244/Wilbarger

244-903/Vernon ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 201,894,900 N/A 201,894,900 201,894,900
B. Multi-Family Residences 11,295,050 N/A 11,295,050 11,295,050
C1. Vacant Lots 4,365,380 N/A 4,365,380 4,365,380
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 26,186,680 N/A 26,186,680 26,186,680
D2. Real Prop Farm & Ranch 3,147,350 N/A 3,147,350 3,147,350
E. Real Prop NonQual Acres 54,782,830 N/A 54,782,830 54,782,830
F1. Commercial Real 57,855,690 N/A 57,855,690 57,855,690
F2. Industrial Real 239,655,360 N/A 239,655,360 239,655,360
G. Oil, Gas, Minerals 27,473,110 N/A 27,473,110 27,473,110
J. Utilities 107,629,180 N/A 107,629,180 107,629,180
L1. Commercial Personal 31,262,500 N/A 31,262,500 31,262,500
L2. Industrial Personal 91,631,980 N/A 91,631,980 91,631,980
M. Other Personal 1,123,870 N/A 1,123,870 1,123,870
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 9,601,860 N/A 9,601,860 9,601,860
Subtotal 867,905,740 867,905,740 867,905,740
Less Total Deductions 89,068,354   89,068,354 89,068,354
Total Taxable Value 778,837,386 778,837,386 778,837,386 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
804,670,076 778,837,386 804,670,076 778,837,386 783,151,860 783,151,860


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
25,832,690 0


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
804,670,076 778,837,386 804,670,076 778,837,386 783,151,860 783,151,860

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 to be valid, and local value was certified

244-903/Vernon ISD



Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 201,913,830 N/A 201,913,830 201,913,830
B. Multi-Family Residences 11,295,050 N/A 11,295,050 11,295,050
C1. Vacant Lots 4,371,800 N/A 4,371,800 4,371,800
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 26,530,050 N/A 26,530,050 26,530,050
D2. Real Prop Farm & Ranch 3,147,350 N/A 3,147,350 3,147,350
E. Real Prop NonQual Acres 55,340,670 N/A 55,340,670 55,340,670
F1. Commercial Real 57,855,690 N/A 57,855,690 57,855,690
F2. Industrial Real 239,655,720 N/A 239,655,720 239,655,720
G. Oil, Gas, Minerals 27,475,360 N/A 27,475,360 27,475,360
J. Utilities 107,726,420 N/A 107,726,420 107,726,420
L1. Commercial Personal 31,270,950 N/A 31,270,950 31,270,950
L2. Industrial Personal 91,647,680 N/A 91,647,680 91,647,680
M. Other Personal 1,123,870 N/A 1,123,870 1,123,870
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 9,601,860 N/A 9,601,860 9,601,860
Subtotal 868,956,300 868,956,300 868,956,300
Less Total Deductions 89,218,740   89,218,740 89,218,740
Total Taxable Value 779,737,560 779,737,560 779,737,560 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