taxes Property Tax Assistance

2019 ISD Summary Worksheet

110-Hockley

110-906/Smyer ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 54,722,422 0.9583 57,103,644 54,722,422
C1. VACANT LOTS 772,890 N/A 772,890 772,890
D1. QUALIFIED AG LAND 12,905,942 1.6355 7,890,967 12,905,942
D2. REAL PROP:FARM & RANCH 206,150 N/A 206,150 206,150
E. REAL PROP NONQUAL ACREAGE 5,429,000 N/A 5,429,000 5,429,000
F1. COMMERCIAL REAL 1,980,570 N/A 1,980,570 1,980,570
F2. INDUSTRIAL REAL 2,103,890 N/A 2,103,890 2,103,890
G. OIL,GAS,MINERALS 38,614,530 1.0076 38,323,273 38,614,530
J. UTILITIES 7,736,880 0.9842 7,861,085 7,736,880
L1. COMMERCIAL PERSONAL 1,273,690 N/A 1,273,690 1,273,690
L2. INDUSTRIAL PERSONAL 517,150 N/A 517,150 517,150
M. MOBILE HOMES 170,390 N/A 170,390 170,390
Subtotal 126,433,504 0 123,632,699 126,433,504
Less Total Deductions 14,161,664 0 14,728,972 14,161,664
Total Taxable Value 112,271,840 0 108,903,727 112,271,840

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
115,977,320 112,271,840 115,977,320 112,271,840


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,705,480 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
115,977,320 112,271,840 115,977,320 112,271,840

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

110-906-02/Smyer ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 54,722,422 0.9583 57,103,644 54,722,422
C1. VACANT LOTS 772,890 N/A 772,890 772,890
D1. QUALIFIED AG LAND 12,905,942 1.6355 7,890,967 12,905,942
D2. REAL PROP:FARM & RANCH 206,150 N/A 206,150 206,150
E. REAL PROP NONQUAL ACREAGE 5,429,000 N/A 5,429,000 5,429,000
F1. COMMERCIAL REAL 1,980,570 N/A 1,980,570 1,980,570
F2. INDUSTRIAL REAL 2,103,890 N/A 2,103,890 2,103,890
G. OIL,GAS,MINERALS 38,614,530 1.0076 38,323,273 38,614,530
J. UTILITIES 7,736,880 0.9842 7,861,085 7,736,880
L1. COMMERCIAL PERSONAL 1,273,690 N/A 1,273,690 1,273,690
L2. INDUSTRIAL PERSONAL 517,150 N/A 517,150 517,150
M. MOBILE HOMES 170,390 N/A 170,390 170,390
Subtotal 126,433,504 123,632,699 126,433,504
Less Total Deductions 14,161,664 14,728,972 14,161,664
Total Taxable Value 112,271,840 108,903,727 112,271,840

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
115,977,320 112,271,840 115,977,320 112,271,840


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,705,480 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
115,977,320 112,271,840 115,977,320 112,271,840

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