taxes Property Tax Assistance

2020 ISD Summary Worksheet

110-Hockley

110-902/Levelland ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 493,094,701 N/A 493,094,701 493,094,701
B - MULTIFAMILY 11,307,520 N/A 11,307,520 11,307,520
C1 - VACANT LOTS 3,888,530 N/A 3,888,530 3,888,530
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 40,483,544 N/A 40,483,544 40,483,544
D2 - FARM & RANCH IMP 1,650,319 N/A 1,650,319 1,650,319
E - NON-AG LAND AND IMPROVEMENTS 15,982,823 N/A 15,982,823 15,982,823
F1 - COMMERCIAL REAL 103,115,353 N/A 103,115,353 103,115,353
F2 - INDUSTRIAL REAL 44,419,140 N/A 44,419,140 44,419,140
G - ALL MINERALS 454,353,230 N/A 454,353,230 454,353,230
J - ALL UTILITIES 62,940,320 N/A 62,940,320 62,940,320
L1 - COMMERCIAL PERSONAL 85,033,700 N/A 85,033,700 85,033,700
L2 - INDUSTRIAL PERSONAL 87,552,680 N/A 87,552,680 87,552,680
M1 - MOBILE HOMES 3,894,440 N/A 3,894,440 3,894,440
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 52,480 N/A 52,480 52,480
S - SPECIAL INVENTORY 6,929,170 N/A 6,929,170 6,929,170
Subtotal 1,414,697,950 0 1,414,697,950 1,414,697,950
Less Total Deductions 142,414,170 0 142,414,170 142,414,170
Total Taxable Value 1,272,283,780 0 1,272,283,780 1,272,283,780

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
1,302,098,716 1,272,283,780 1,302,098,716 1,272,283,780


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
29,814,936 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
1,302,098,716 1,272,283,780 1,302,098,716 1,272,283,780

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

110-902-02/Levelland ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 493,094,701 N/A 493,094,701 493,094,701
B - MULTIFAMILY 11,307,520 N/A 11,307,520 11,307,520
C1 - VACANT LOTS 3,888,530 N/A 3,888,530 3,888,530
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 40,483,544 N/A 40,483,544 40,483,544
D2 - FARM & RANCH IMP 1,650,319 N/A 1,650,319 1,650,319
E - NON-AG LAND AND IMPROVEMENTS 15,982,823 N/A 15,982,823 15,982,823
F1 - COMMERCIAL REAL 103,115,353 N/A 103,115,353 103,115,353
F2 - INDUSTRIAL REAL 44,419,140 N/A 44,419,140 44,419,140
G - ALL MINERALS 454,353,230 N/A 454,353,230 454,353,230
J - ALL UTILITIES 62,940,320 N/A 62,940,320 62,940,320
L1 - COMMERCIAL PERSONAL 85,033,700 N/A 85,033,700 85,033,700
L2 - INDUSTRIAL PERSONAL 87,552,680 N/A 87,552,680 87,552,680
M1 - MOBILE HOMES 3,894,440 N/A 3,894,440 3,894,440
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 52,480 N/A 52,480 52,480
S - SPECIAL INVENTORY 6,929,170 N/A 6,929,170 6,929,170
Subtotal 1,414,697,950 1,414,697,950 1,414,697,950
Less Total Deductions 142,414,170 142,414,170 142,414,170
Total Taxable Value 1,272,283,780 1,272,283,780 1,272,283,780

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
1,302,098,716 1,272,283,780 1,302,098,716 1,272,283,780


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
29,814,936 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
1,302,098,716 1,272,283,780 1,302,098,716 1,272,283,780

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