taxes Property Tax Assistance

2017 ISD Summary Worksheet

078/Foard

244-903/Vernon ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 23,060 N/A 23,060 23,060
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) 397,900 N/A 397,900 397,900
D2. Real Prop Farm & Ranch 152,130 N/A 152,130 152,130
E. Real Prop NonQual Acres 414,930 N/A 414,930 414,930
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 360 N/A 360 360
G. Oil, Gas, Minerals 105,700 N/A 105,700 105,700
J. Utilities 159,920 N/A 159,920 159,920
L1. Commercial Personal 0 N/A 0 0
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 1,260,420 1,260,420 1,260,420
Less Total Deductions 110,020   110,020 110,020
Total Taxable Value 1,150,400 1,150,400 1,150,400 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
1,190,400 1,150,400 1,190,400 1,150,400


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,000 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
1,190,400 1,150,400 1,190,400 1,150,400

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 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 246,951,590 N/A 246,951,590 246,951,590
B. Multi-Family Residences 10,790,480 N/A 10,790,480 10,790,480
C1. Vacant Lots 5,869,350 N/A 5,869,350 5,869,350
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,862,580 N/A 22,862,580 22,862,580
D2. Real Prop Farm & Ranch 6,608,250 N/A 6,608,250 6,608,250
E. Real Prop NonQual Acres 23,277,150 N/A 23,277,150 23,277,150
F1. Commercial Real 62,867,660 N/A 62,867,660 62,867,660
F2. Industrial Real 362,992,700 N/A 362,992,700 362,992,700
G. Oil, Gas, Minerals 10,746,750 N/A 10,746,750 10,746,750
J. Utilities 253,701,150 N/A 253,701,150 253,701,150
L1. Commercial Personal 34,569,800 N/A 34,569,800 34,569,800
L2. Industrial Personal 68,283,680 N/A 68,283,680 68,283,680
M. Other Personal 2,030,350 N/A 2,030,350 2,030,350
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 10,886,080 N/A 10,886,080 10,886,080
Subtotal 1,122,437,570 1,122,437,570 1,122,437,570
Less Total Deductions 238,223,777   238,223,777 238,223,777
Total Taxable Value 884,213,793 884,213,793 884,213,793 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
907,179,883 884,213,793 907,179,883 884,213,793


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,966,090 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
1,037,482,883 1,014,516,793 1,037,482,883 1,014,516,793

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 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 246,974,650 N/A 246,974,650 246,974,650
B. Multi-Family Residences 10,790,480 N/A 10,790,480 10,790,480
C1. Vacant Lots 5,875,770 N/A 5,875,770 5,875,770
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 23,260,480 N/A 23,260,480 23,260,480
D2. Real Prop Farm & Ranch 6,760,380 N/A 6,760,380 6,760,380
E. Real Prop NonQual Acres 23,692,080 N/A 23,692,080 23,692,080
F1. Commercial Real 62,867,660 N/A 62,867,660 62,867,660
F2. Industrial Real 362,993,060 N/A 362,993,060 362,993,060
G. Oil, Gas, Minerals 10,852,450 N/A 10,852,450 10,852,450
J. Utilities 253,861,070 N/A 253,861,070 253,861,070
L1. Commercial Personal 34,569,800 N/A 34,569,800 34,569,800
L2. Industrial Personal 68,283,680 N/A 68,283,680 68,283,680
M. Other Personal 2,030,350 N/A 2,030,350 2,030,350
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 10,886,080 N/A 10,886,080 10,886,080
Subtotal 1,123,697,990 1,123,697,990 1,123,697,990
Less Total Deductions 238,333,797   238,333,797 238,333,797
Total Taxable Value 885,364,193 885,364,193 885,364,193 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

244-903/Vernon ISD

Final Values Worksheet

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
908,370,283 885,364,193 908,370,283 885,364,193


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,006,090 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
1,038,673,283 1,015,667,193 1,038,673,283 1,015,667,193

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