taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

078/Foard

244-903/Vernon ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 20,410 N/A 20,410 20,410
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 149,940 N/A 149,940 149,940
E. Real Prop NonQual Acres 437,360 N/A 437,360 437,360
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 360 N/A 360 360
G. Oil, Gas, Minerals 2,200 N/A 2,200 2,200
J. Utilities 208,390 N/A 208,390 208,390
L1. Commercial Personal 8,450 N/A 8,450 8,450
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 1,176,900 1,176,900 1,176,900
Less Total Deductions 164,200   164,200 164,200
Total Taxable Value 1,012,700 1,012,700 1,012,700 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
1,059,200 1,012,700 1,059,200 1,012,700


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
46,500 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
1,059,200 1,012,700 1,059,200 1,012,700

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

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 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 214,186,510 N/A 214,186,510 214,186,510
B. Multi-Family Residences 11,215,210 N/A 11,215,210 11,215,210
C1. Vacant Lots 4,592,000 N/A 4,592,000 4,592,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 21,337,880 N/A 21,337,880 21,337,880
D2. Real Prop Farm & Ranch 3,930,740 N/A 3,930,740 3,930,740
E. Real Prop NonQual Acres 54,601,600 N/A 54,601,600 54,601,600
F1. Commercial Real 63,896,740 N/A 63,896,740 63,896,740
F2. Industrial Real 231,057,550 N/A 231,057,550 231,057,550
G. Oil, Gas, Minerals 22,722,120 N/A 22,722,120 22,722,120
J. Utilities 232,263,660 N/A 232,263,660 232,263,660
L1. Commercial Personal 34,799,610 N/A 34,799,610 34,799,610
L2. Industrial Personal 74,256,650 N/A 74,256,650 74,256,650
M. Other Personal 1,598,660 N/A 1,598,660 1,598,660
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 20,749,980 N/A 20,749,980 20,749,980
Subtotal 991,208,910 991,208,910 991,208,910
Less Total Deductions 110,620,373   110,620,373 110,620,373
Total Taxable Value 880,588,537 880,588,537 880,588,537 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
903,970,227 880,588,537 903,970,227 880,588,537


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,381,690 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
903,970,227 880,588,537 903,970,227 880,588,537

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

The PVS found your local value to be valid, and local value was certified

244-903/Vernon ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 214,206,920 N/A 214,206,920 214,206,920
B. Multi-Family Residences 11,215,210 N/A 11,215,210 11,215,210
C1. Vacant Lots 4,598,420 N/A 4,598,420 4,598,420
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 21,681,250 N/A 21,681,250 21,681,250
D2. Real Prop Farm & Ranch 4,080,680 N/A 4,080,680 4,080,680
E. Real Prop NonQual Acres 55,038,960 N/A 55,038,960 55,038,960
F1. Commercial Real 63,896,740 N/A 63,896,740 63,896,740
F2. Industrial Real 231,057,910 N/A 231,057,910 231,057,910
G. Oil, Gas, Minerals 22,724,320 N/A 22,724,320 22,724,320
J. Utilities 232,472,050 N/A 232,472,050 232,472,050
L1. Commercial Personal 34,808,060 N/A 34,808,060 34,808,060
L2. Industrial Personal 74,256,650 N/A 74,256,650 74,256,650
M. Other Personal 1,598,660 N/A 1,598,660 1,598,660
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 20,749,980 N/A 20,749,980 20,749,980
Subtotal 992,385,810 992,385,810 992,385,810
Less Total Deductions 110,784,573   110,784,573 110,784,573
Total Taxable Value 881,601,237 881,601,237 881,601,237 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