taxes Property Tax Assistance

2018 ISD Summary Worksheet

110-Hockley

110-908/Whitharral ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 14,659,270 0.9501 15,429,186 14,659,270
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 90,500 N/A 90,500 90,500
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 18,605,505 1.5610 11,918,743 18,605,505
D2. REAL PROP:FARM & RANCH 838,412 N/A 838,412 838,412
E. REAL PROP NONQUAL ACREAGE 1,203,367 N/A 1,203,367 1,203,367
F1. COMMERCIAL REAL 459,620 N/A 459,620 459,620
F2. INDUSTRIAL REAL 72,460 N/A 72,460 72,460
G. OIL,GAS,MINERALS 16,257,990 0.9952 16,336,405 16,257,990
J. UTILITIES 4,710,180 N/A 4,710,180 4,710,180
L1. COMMERCIAL PERSONAL 312,320 N/A 312,320 312,320
L2. INDUSTRIAL PERSONAL 82,400 N/A 82,400 82,400
M. MOBILE HOMES 0 N/A 0 0
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 57,292,024 0 51,453,593 57,292,024
Less Total Deductions 3,762,082 0 3,939,275 3,762,082
Total Taxable Value 53,529,942 0 47,514,318 53,529,942

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
54,477,872 53,529,942 54,477,872 53,529,942


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
947,930 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
54,477,872 53,529,942 54,477,872 53,529,942

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE

110-908-02/Whitharral ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 14,659,270 0.9501 15,429,186 14,659,270
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 90,500 N/A 90,500 90,500
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 18,605,505 1.5610 11,918,743 18,605,505
D2. REAL PROP:FARM & RANCH 838,412 N/A 838,412 838,412
E. REAL PROP NONQUAL ACREAGE 1,203,367 N/A 1,203,367 1,203,367
F1. COMMERCIAL REAL 459,620 N/A 459,620 459,620
F2. INDUSTRIAL REAL 72,460 N/A 72,460 72,460
G. OIL,GAS,MINERALS 16,257,990 0.9952 16,336,405 16,257,990
J. UTILITIES 4,710,180 N/A 4,710,180 4,710,180
L1. COMMERCIAL PERSONAL 312,320 N/A 312,320 312,320
L2. INDUSTRIAL PERSONAL 82,400 N/A 82,400 82,400
M. MOBILE HOMES 0 N/A 0 0
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 57,292,024 51,453,593 57,292,024
Less Total Deductions 3,762,082 3,939,275 3,762,082
Total Taxable Value 53,529,942 47,514,318 53,529,942

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
54,477,872 53,529,942 54,477,872 53,529,942


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
947,930 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
54,477,872 53,529,942 54,477,872 53,529,942

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