taxes Property Tax Assistance

2018 ISD Summary Worksheet

078/Foard

244-903/Vernon ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 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) 426,610 N/A 426,610 426,610
D2. Real Prop Farm & Ranch 151,500 N/A 151,500 151,500
E. Real Prop NonQual Acres 409,800 N/A 409,800 409,800
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 360 N/A 360 360
G. Oil, Gas, Minerals 53,160 N/A 53,160 53,160
J. Utilities 167,970 N/A 167,970 167,970
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 1,238,880 1,238,880 1,238,880
Less Total Deductions 110,020   110,020 110,020
Total Taxable Value 1,128,860 1,128,860 1,128,860 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
1,168,860 1,128,860 1,168,860 1,128,860


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
1,168,860 1,128,860 1,168,860 1,128,860

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

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 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 246,116,670 .9655 254,911,103 246,116,670
B. Multi-Family Residences 10,493,040 N/A 10,493,040 10,493,040
C1. Vacant Lots 5,635,690 N/A 5,635,690 5,635,690
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 20,530,480 .8668 23,685,788 20,530,480
D2. Real Prop Farm & Ranch 6,330,670 N/A 6,330,670 6,330,670
E. Real Prop NonQual Acres 22,711,430 N/A 22,711,430 22,711,430
F1. Commercial Real 61,531,900 .9370 65,669,050 61,531,900
F2. Industrial Real 334,076,240 N/A 334,076,240 334,076,240
G. Oil, Gas, Minerals 10,523,290 N/A 10,523,290 10,523,290
J. Utilities 261,126,630 .9527 274,091,141 261,126,630
L1. Commercial Personal 31,900,800 .9681 32,951,968 31,900,800
L2. Industrial Personal 71,178,200 N/A 71,178,200 71,178,200
M. Other Personal 1,850,520 N/A 1,850,520 1,850,520
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 10,822,480 N/A 10,822,480 10,822,480
Subtotal 1,094,828,040 1,124,930,610 1,094,828,040
Less Total Deductions 217,460,296   219,596,591 217,460,296
Total Taxable Value 877,367,744 905,334,019 877,367,744 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
900,172,474 877,367,744 900,172,474 877,367,744


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,804,730 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
1,010,387,234 987,582,504 1,010,387,234 987,582,504

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 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 246,139,730 .9655 254,934,163 246,139,730
B. Multi-Family Residences 10,493,040 N/A 10,493,040 10,493,040
C1. Vacant Lots 5,642,110 N/A 5,642,110 5,642,110
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 20,957,090 .8691 24,112,398 20,957,090
D2. Real Prop Farm & Ranch 6,482,170 N/A 6,482,170 6,482,170
E. Real Prop NonQual Acres 23,121,230 N/A 23,121,230 23,121,230
F1. Commercial Real 61,531,900 .9370 65,669,050 61,531,900
F2. Industrial Real 334,076,600 N/A 334,076,600 334,076,600
G. Oil, Gas, Minerals 10,576,450 N/A 10,576,450 10,576,450
J. Utilities 261,294,600 .9527 274,259,111 261,294,600
L1. Commercial Personal 31,900,800 .9681 32,951,968 31,900,800
L2. Industrial Personal 71,178,200 N/A 71,178,200 71,178,200
M. Other Personal 1,850,520 N/A 1,850,520 1,850,520
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 10,822,480 N/A 10,822,480 10,822,480
Subtotal 1,096,066,920 1,126,169,490 1,096,066,920
Less Total Deductions 217,570,316   219,706,611 217,570,316
Total Taxable Value 878,496,604 906,462,879 878,496,604 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

2018 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
901,341,334 878,496,604 901,341,334 878,496,604


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,844,730 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
1,011,556,094 988,711,364 1,011,556,094 988,711,364

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