taxes Property Tax Assistance

2016 ISD Summary Worksheet

078/Foard

244-903/Vernon ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 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) 378,490 N/A 378,490 378,490
D2. Real Prop Farm & Ranch 152,840 N/A 152,840 152,840
E. Real Prop NonQual Acres 441,460 N/A 441,460 441,460
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 360 N/A 360 360
G. Oil, Gas, Minerals 2,080 N/A 2,080 2,080
J. Utilities 143,660 N/A 143,660 143,660
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 1,148,370 1,148,370 1,148,370
Less Total Deductions 156,200   156,200 156,200
Total Taxable Value 992,170 992,170 992,170 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
1,039,820 992,170 1,039,820 992,170


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
47,650 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
1,039,820 992,170 1,039,820 992,170

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 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 242,082,350 .9441 256,416,005 242,082,350
B. Multi-Family Residences 10,836,410 N/A 10,836,410 10,836,410
C1. Vacant Lots 5,768,780 N/A 5,768,780 5,768,780
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 25,614,700 1.1240 22,788,651 25,614,700
D2. Real Prop Farm & Ranch 5,741,690 N/A 5,741,690 5,741,690
E. Real Prop NonQual Acres 21,193,820 1.0055 21,077,892 21,193,820
F1. Commercial Real 62,523,080 .9658 64,737,088 62,523,080
F2. Industrial Real 222,144,620 N/A 222,144,620 222,144,620
G. Oil, Gas, Minerals 10,687,520 N/A 10,687,520 10,687,520
J. Utilities 244,388,760 .9988 244,682,379 244,388,760
L1. Commercial Personal 38,331,420 1.0244 37,418,411 38,331,420
L2. Industrial Personal 76,509,120 N/A 76,509,120 76,509,120
M. Other Personal 2,128,230 N/A 2,128,230 2,128,230
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 10,214,470 N/A 10,214,470 10,214,470
Subtotal 978,164,970 991,151,266 978,164,970
Less Total Deductions 109,401,976   112,797,762 109,401,976
Total Taxable Value 868,762,994 878,353,504 868,762,994 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
891,894,984 868,762,994 891,894,984 868,762,994


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,131,990 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
891,894,984 868,762,994 891,894,984 868,762,994

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 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 242,105,410 .9441 256,439,065 242,105,410
B. Multi-Family Residences 10,836,410 N/A 10,836,410 10,836,410
C1. Vacant Lots 5,775,200 N/A 5,775,200 5,775,200
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 25,993,190 1.1220 23,167,141 25,993,190
D2. Real Prop Farm & Ranch 5,894,530 N/A 5,894,530 5,894,530
E. Real Prop NonQual Acres 21,635,280 1.0054 21,519,352 21,635,280
F1. Commercial Real 62,523,080 .9658 64,737,088 62,523,080
F2. Industrial Real 222,144,980 N/A 222,144,980 222,144,980
G. Oil, Gas, Minerals 10,689,600 N/A 10,689,600 10,689,600
J. Utilities 244,532,420 .9988 244,826,039 244,532,420
L1. Commercial Personal 38,331,420 1.0244 37,418,411 38,331,420
L2. Industrial Personal 76,509,120 N/A 76,509,120 76,509,120
M. Other Personal 2,128,230 N/A 2,128,230 2,128,230
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 10,214,470 N/A 10,214,470 10,214,470
Subtotal 979,313,340 992,299,636 979,313,340
Less Total Deductions 109,558,176   112,953,962 109,558,176
Total Taxable Value 869,755,164 879,345,674 869,755,164 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