taxes Property Tax Assistance

2018 ISD Summary Worksheet

110-Hockley

110-902/Levelland ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 479,664,513 N/A 479,664,513 479,664,513
B. MULTIFAMILY RESIDENCES 11,117,200 N/A 11,117,200 11,117,200
C1. VACANT LOTS 3,794,285 N/A 3,794,285 3,794,285
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 46,893,164 N/A 46,893,164 46,893,164
D2. REAL PROP:FARM & RANCH 1,779,162 N/A 1,779,162 1,779,162
E. REAL PROP NONQUAL ACREAGE 10,574,355 N/A 10,574,355 10,574,355
F1. COMMERCIAL REAL 97,911,085 N/A 97,911,085 97,911,085
F2. INDUSTRIAL REAL 34,906,480 N/A 34,906,480 34,906,480
G. OIL,GAS,MINERALS 412,030,620 N/A 412,030,620 412,030,620
J. UTILITIES 57,620,970 N/A 57,620,970 57,620,970
L1. COMMERCIAL PERSONAL 75,938,600 N/A 75,938,600 75,938,600
L2. INDUSTRIAL PERSONAL 98,091,240 N/A 98,091,240 98,091,240
M. MOBILE HOMES 4,603,640 N/A 4,603,640 4,603,640
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 97,050 N/A 97,050 97,050
S. SPECIAL INVENTORY 5,903,650 N/A 5,903,650 5,903,650
Subtotal 1,340,926,014 0 1,340,926,014 1,340,926,014
Less Total Deductions 148,289,474 0 148,289,475 148,289,474
Total Taxable Value 1,192,636,540 0 1,192,636,539 1,192,636,540

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
1,222,773,808 1,192,636,540 1,222,773,808 1,192,636,540


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,137,268 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
1,222,773,808 1,192,636,540 1,222,773,808 1,192,636,540

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 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 479,664,513 N/A 479,664,513 479,664,513
B. MULTIFAMILY RESIDENCES 11,117,200 N/A 11,117,200 11,117,200
C1. VACANT LOTS 3,794,285 N/A 3,794,285 3,794,285
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 46,893,164 N/A 46,893,164 46,893,164
D2. REAL PROP:FARM & RANCH 1,779,162 N/A 1,779,162 1,779,162
E. REAL PROP NONQUAL ACREAGE 10,574,355 N/A 10,574,355 10,574,355
F1. COMMERCIAL REAL 97,911,085 N/A 97,911,085 97,911,085
F2. INDUSTRIAL REAL 34,906,480 N/A 34,906,480 34,906,480
G. OIL,GAS,MINERALS 412,030,620 N/A 412,030,620 412,030,620
J. UTILITIES 57,620,970 N/A 57,620,970 57,620,970
L1. COMMERCIAL PERSONAL 75,938,600 N/A 75,938,600 75,938,600
L2. INDUSTRIAL PERSONAL 98,091,240 N/A 98,091,240 98,091,240
M. MOBILE HOMES 4,603,640 N/A 4,603,640 4,603,640
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 97,050 N/A 97,050 97,050
S. SPECIAL INVENTORY 5,903,650 N/A 5,903,650 5,903,650
Subtotal 1,340,926,014 1,340,926,014 1,340,926,014
Less Total Deductions 148,289,474 148,289,475 148,289,474
Total Taxable Value 1,192,636,540 1,192,636,539 1,192,636,540

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
1,222,773,808 1,192,636,540 1,222,773,808 1,192,636,540


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
30,137,268 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
1,222,773,808 1,192,636,540 1,222,773,808 1,192,636,540

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