taxes Property Tax Assistance

2023 ISD Summary Worksheet

110-Hockley/Hockley County

110-907/Sundown ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 53,595,288 0.9008 59,497,433 53,595,288
B - MULTIFAMILY 622,834 N/A 622,834 622,834
C1 - VACANT LOTS 883,553 N/A 883,553 883,553
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,080,765 1.0398 3,924,471 4,080,765
D2 - FARM & RANCH IMP 92,411 N/A 92,411 92,411
E - NON-AG LAND AND IMPROVEMENTS 6,588,496 N/A 6,588,496 6,588,496
F1 - COMMERCIAL REAL 6,195,730 N/A 6,195,730 6,195,730
F2 - INDUSTRIAL REAL 300,116,270 N/A 300,116,270 300,116,270
G - ALL MINERALS 823,525,790 1.0061 818,532,740 823,525,790
J - ALL UTILITIES 58,799,670 0.9692 60,668,252 58,799,670
L1 - COMMERCIAL PERSONAL 6,475,360 N/A 6,475,360 6,475,360
L2 - INDUSTRIAL PERSONAL 29,221,200 N/A 29,221,200 29,221,200
M1 - MOBILE HOMES 32,320 N/A 32,320 32,320
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,290,229,687 0 1,292,851,070 1,290,229,687
Less Total Deductions 38,789,713 0 40,563,642 38,789,713
Total Taxable Value 1,251,439,974 0 1,252,287,428 1,251,439,974

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

Measure Value Description
T1 1,262,659,799 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,251,439,974 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,260,496,958 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,249,277,133 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,267,984,799 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,271,534,799 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,251,869,489 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,262,659,799 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,251,439,974 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,260,496,958 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,249,277,133 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,267,984,799 T13 plus the loss to the chapter 313 agreement
T16 1,271,534,799 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,251,869,489 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 11,219,825 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 2,162,841 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 5,325,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,550,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

110-907-02/Sundown ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 53,595,288 0.9008 59,497,433 53,595,288
B - MULTIFAMILY 622,834 N/A 622,834 622,834
C1 - VACANT LOTS 883,553 N/A 883,553 883,553
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,080,765 1.0398 3,924,471 4,080,765
D2 - FARM & RANCH IMP 92,411 N/A 92,411 92,411
E - NON-AG LAND AND IMPROVEMENTS 6,588,496 N/A 6,588,496 6,588,496
F1 - COMMERCIAL REAL 6,195,730 N/A 6,195,730 6,195,730
F2 - INDUSTRIAL REAL 300,116,270 N/A 300,116,270 300,116,270
G - ALL MINERALS 823,525,790 1.0061 818,532,740 823,525,790
J - ALL UTILITIES 58,799,670 0.9692 60,668,252 58,799,670
L1 - COMMERCIAL PERSONAL 6,475,360 N/A 6,475,360 6,475,360
L2 - INDUSTRIAL PERSONAL 29,221,200 N/A 29,221,200 29,221,200
M1 - MOBILE HOMES 32,320 N/A 32,320 32,320
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,290,229,687 1,292,851,070 1,290,229,687
Less Total Deductions 38,789,713 40,563,642 38,789,713
Total Taxable Value 1,251,439,974 1,252,287,428 1,251,439,974

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

Measure Value Description
T1 1,262,659,799 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,251,439,974 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,260,496,958 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,249,277,133 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,267,984,799 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,271,534,799 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,251,869,489 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,262,659,799 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,251,439,974 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,260,496,958 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,249,277,133 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,267,984,799 T13 plus the loss to the chapter 313 agreement
T16 1,271,534,799 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,251,869,489 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 11,219,825 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 2,162,841 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 5,325,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,550,000 Loss to Second Previous Homestead Increase