taxes Property Tax Assistance

2019 ISD Summary Worksheet

110-Hockley

110-902/Levelland ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 488,979,892 0.9070 539,117,852 488,979,892
B. MULTIFAMILY RESIDENCES 11,038,170 N/A 11,038,170 11,038,170
C1. VACANT LOTS 3,836,870 N/A 3,836,870 3,836,870
D1. QUALIFIED AG LAND 42,439,484 1.6521 25,688,767 42,439,484
D2. REAL PROP:FARM & RANCH 1,675,971 N/A 1,675,971 1,675,971
E. REAL PROP NONQUAL ACREAGE 13,796,188 N/A 13,796,188 13,796,188
F1. COMMERCIAL REAL 96,612,918 0.9800 98,584,610 96,612,918
F2. INDUSTRIAL REAL 37,471,092 N/A 37,471,092 37,471,092
G. OIL,GAS,MINERALS 471,427,400 0.9883 477,008,398 471,427,400
J. UTILITIES 60,466,720 N/A 60,466,720 60,466,720
L1. COMMERCIAL PERSONAL 75,103,060 1.0431 71,999,866 75,103,060
L2. INDUSTRIAL PERSONAL 98,417,390 N/A 98,417,390 98,417,390
M. MOBILE HOMES 3,831,140 N/A 3,831,140 3,831,140
O. RESIDENTIAL INVENTORY 89,970 N/A 89,970 89,970
S. SPECIAL INVENTORY 5,939,570 N/A 5,939,570 5,939,570
Subtotal 1,411,125,835 0 1,448,962,574 1,411,125,835
Less Total Deductions 147,019,510 0 162,647,271 147,019,510
Total Taxable Value 1,264,106,325 0 1,286,315,303 1,264,106,325

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
1,294,640,501 1,264,106,325 1,294,640,501 1,264,106,325


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,534,176 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
1,294,640,501 1,264,106,325 1,294,640,501 1,264,106,325

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 488,979,892 0.9070 539,117,852 488,979,892
B. MULTIFAMILY RESIDENCES 11,038,170 N/A 11,038,170 11,038,170
C1. VACANT LOTS 3,836,870 N/A 3,836,870 3,836,870
D1. QUALIFIED AG LAND 42,439,484 1.6521 25,688,767 42,439,484
D2. REAL PROP:FARM & RANCH 1,675,971 N/A 1,675,971 1,675,971
E. REAL PROP NONQUAL ACREAGE 13,796,188 N/A 13,796,188 13,796,188
F1. COMMERCIAL REAL 96,612,918 0.9800 98,584,610 96,612,918
F2. INDUSTRIAL REAL 37,471,092 N/A 37,471,092 37,471,092
G. OIL,GAS,MINERALS 471,427,400 0.9883 477,008,398 471,427,400
J. UTILITIES 60,466,720 N/A 60,466,720 60,466,720
L1. COMMERCIAL PERSONAL 75,103,060 1.0431 71,999,866 75,103,060
L2. INDUSTRIAL PERSONAL 98,417,390 N/A 98,417,390 98,417,390
M. MOBILE HOMES 3,831,140 N/A 3,831,140 3,831,140
O. RESIDENTIAL INVENTORY 89,970 N/A 89,970 89,970
S. SPECIAL INVENTORY 5,939,570 N/A 5,939,570 5,939,570
Subtotal 1,411,125,835 1,448,962,574 1,411,125,835
Less Total Deductions 147,019,510 162,647,271 147,019,510
Total Taxable Value 1,264,106,325 1,286,315,303 1,264,106,325

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
1,294,640,501 1,264,106,325 1,294,640,501 1,264,106,325


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
30,534,176 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
1,294,640,501 1,264,106,325 1,294,640,501 1,264,106,325

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