taxes Property Tax Assistance

2018 ISD Summary Worksheet

226-Tom Green

226-908/Veribest ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 36,180,350 1.0188 35,512,711 36,180,350
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 456,460 N/A 456,460 456,460
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 16,698,280 1.0744 15,542,298 16,698,280
D2. REAL PROP:FARM & RANCH 3,780,330 N/A 3,780,330 3,780,330
E. REAL PROP NONQUAL ACREAGE 26,193,260 1.0207 25,662,055 26,193,260
F1. COMMERCIAL REAL 3,570,360 N/A 3,570,360 3,570,360
F2. INDUSTRIAL REAL 8,306,090 N/A 8,306,090 8,306,090
G. OIL,GAS,MINERALS 344,690 N/A 344,690 344,690
J. UTILITIES 22,929,780 0.9024 25,409,774 22,929,780
L1. COMMERCIAL PERSONAL 15,883,820 0.9913 16,023,222 15,883,820
L2. INDUSTRIAL PERSONAL 12,931,780 N/A 12,931,780 12,931,780
M. MOBILE HOMES 459,040 N/A 459,040 459,040
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 3,389,800 N/A 3,389,800 3,389,800
Subtotal 151,124,040 0 151,388,610 151,124,040
Less Total Deductions 19,769,119 0 19,411,226 19,769,119
Total Taxable Value 131,354,921 0 131,977,384 131,354,921

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
134,473,221 131,354,921 134,473,221 131,354,921


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,118,300 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
134,473,221 131,354,921 134,473,221 131,354,921

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

226-908-02/Veribest ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 36,180,350 1.0188 35,512,711 36,180,350
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 456,460 N/A 456,460 456,460
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 16,698,280 1.0744 15,542,298 16,698,280
D2. REAL PROP:FARM & RANCH 3,780,330 N/A 3,780,330 3,780,330
E. REAL PROP NONQUAL ACREAGE 26,193,260 1.0207 25,662,055 26,193,260
F1. COMMERCIAL REAL 3,570,360 N/A 3,570,360 3,570,360
F2. INDUSTRIAL REAL 8,306,090 N/A 8,306,090 8,306,090
G. OIL,GAS,MINERALS 344,690 N/A 344,690 344,690
J. UTILITIES 22,929,780 0.9024 25,409,774 22,929,780
L1. COMMERCIAL PERSONAL 15,883,820 0.9913 16,023,222 15,883,820
L2. INDUSTRIAL PERSONAL 12,931,780 N/A 12,931,780 12,931,780
M. MOBILE HOMES 459,040 N/A 459,040 459,040
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 3,389,800 N/A 3,389,800 3,389,800
Subtotal 151,124,040 151,388,610 151,124,040
Less Total Deductions 19,769,119 19,411,226 19,769,119
Total Taxable Value 131,354,921 131,977,384 131,354,921

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
134,473,221 131,354,921 134,473,221 131,354,921


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,118,300 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
134,473,221 131,354,921 134,473,221 131,354,921

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