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2012 ISD Summary Worksheet

226/Tom Green

226-908/Veribest ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 28,220,500 N/A 28,220,500 28,220,500
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 208,600 N/A 208,600 208,600
D. Rural Real(Taxable) 34,675,845 N/A 34,675,845 34,675,845
F1. Commercial Real 2,467,650 N/A 2,467,650 2,467,650
F2. Industrial Real 8,287,450 N/A 8,287,450 8,287,450
G. Oil, Gas, Minerals 1,778,790 N/A 1,778,790 1,778,790
J. Utilities 17,068,577 N/A 17,068,577 17,068,577
L1. Commercial Personal 12,126,531 N/A 12,126,531 12,126,531
L2. Industrial Personal 5,091,913 N/A 5,091,913 5,091,913
M. Other Personal 270,200 N/A 270,200 270,200
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 811,166 N/A 811,166 811,166
Subtotal 111,007,222 111,007,222 111,007,222
Less Total Deductions 13,071,760   13,071,760 13,071,760
Total Taxable Value 97,935,462 97,935,462 97,935,462 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 19,600,425 N/A 19,600,425
Prod Value Qualified Acres 15,075,420 N/A 15,075,420
Taxable Value 34,675,845   34,675,845

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
101,037,262 97,935,462 97,765,347 94,663,547 97,935,462 94,663,547


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,101,800 3,271,915


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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
101,037,262 97,935,462 97,765,347 94,663,547 97,935,462 94,663,547

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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

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