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2007 ISD Summary Worksheet

226/Tom Green
226-908/Veribest ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 17,496,425 .9472 18,471,732 17,496,425
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 123,500 N/A 123,500 123,500
D. Rural Real(Taxable) 23,639,685 .9468 24,969,143 23,639,685
F1. Commercial Real 1,728,350 N/A 1,728,350 1,728,350
F2. Industrial Real 7,956,800 N/A 7,956,800 7,956,800
G. Oil, Gas, Minerals 1,248,130 N/A 1,248,130 1,248,130
J. Utilities 5,706,097 .9647 5,914,893 5,706,097
L1. Commercial Personal 8,616,971 .9865 8,734,892 8,616,971
L2. Industrial Personal 7,682,057 N/A 7,682,057 7,682,057
M. Other Personal 152,700 N/A 152,700 152,700
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 636,090 N/A 636,090 636,090
Subtotal 74,986,805 77,618,287 74,986,805
Less Total Deductions 10,532,287   10,868,280 10,532,287
Total Taxable Value 64,454,518 66,750,007 64,454,518 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 13,455,225 .9254 14,539,902
Prod Value Qualified Acres 10,184,460 .9765 10,429,241
Taxable Value 23,639,685   24,969,143

The taxable values shown here will not match the values reported by your appraisal district

NOTE: See the ISD Deduction Report for a breakdown of deduction values

SB4, Passed by the 1999 legislature, (Section 403.302(J) and (K), Government Code), requires the Comptroller to certify alternative measures of school district wealth (T1, T3, and T4) in addition to the traditional measure (T2). Questions about the extent to which any of these wealth measures affect school funding should be directed to the Division of State Funding at the Texas Education Agency, Telephone #512-463-9238.

T1 Loss To The Additional $10,000 Homestead Exemption T2 50% Of The Loss To The Local Optional Percentage Homestead Exemption T3 T4
67,546,068 3,091,550 64,454,518 2,076,393 65,469,675 62,378,125

T1 = School district taxable value before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value after the loss to the additional $10,000 homestead exemption

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

The PVS found your local value to be valid, and local value was certified

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