taxes Property Tax Assistance

2019 ISD Summary Worksheet

110-Hockley

110-908/Whitharral ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 15,094,760 0.9292 16,244,899 15,094,760
C1. VACANT LOTS 90,500 N/A 90,500 90,500
D1. QUALIFIED AG LAND 16,496,119 1.6745 9,851,212 16,496,119
D2. REAL PROP:FARM & RANCH 852,211 N/A 852,211 852,211
E. REAL PROP NONQUAL ACREAGE 2,865,379 N/A 2,865,379 2,865,379
F1. COMMERCIAL REAL 439,100 N/A 439,100 439,100
F2. INDUSTRIAL REAL 71,730 N/A 71,730 71,730
G. OIL,GAS,MINERALS 15,438,780 1.0019 15,409,502 15,438,780
J. UTILITIES 5,321,580 0.9842 5,407,011 5,321,580
L1. COMMERCIAL PERSONAL 258,920 N/A 258,920 258,920
L2. INDUSTRIAL PERSONAL 82,390 N/A 82,390 82,390
M. MOBILE HOMES 24,460 N/A 24,460 24,460
Subtotal 57,035,929 0 51,597,314 57,035,929
Less Total Deductions 3,850,344 0 4,086,721 3,850,344
Total Taxable Value 53,185,585 0 47,510,593 53,185,585

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
54,111,425 53,185,585 54,111,425 53,185,585


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
925,840 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
54,111,425 53,185,585 54,111,425 53,185,585

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 15,094,760 0.9292 16,244,899 15,094,760
C1. VACANT LOTS 90,500 N/A 90,500 90,500
D1. QUALIFIED AG LAND 16,496,119 1.6745 9,851,212 16,496,119
D2. REAL PROP:FARM & RANCH 852,211 N/A 852,211 852,211
E. REAL PROP NONQUAL ACREAGE 2,865,379 N/A 2,865,379 2,865,379
F1. COMMERCIAL REAL 439,100 N/A 439,100 439,100
F2. INDUSTRIAL REAL 71,730 N/A 71,730 71,730
G. OIL,GAS,MINERALS 15,438,780 1.0019 15,409,502 15,438,780
J. UTILITIES 5,321,580 0.9842 5,407,011 5,321,580
L1. COMMERCIAL PERSONAL 258,920 N/A 258,920 258,920
L2. INDUSTRIAL PERSONAL 82,390 N/A 82,390 82,390
M. MOBILE HOMES 24,460 N/A 24,460 24,460
Subtotal 57,035,929 51,597,314 57,035,929
Less Total Deductions 3,850,344 4,086,721 3,850,344
Total Taxable Value 53,185,585 47,510,593 53,185,585

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
54,111,425 53,185,585 54,111,425 53,185,585


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
925,840 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
54,111,425 53,185,585 54,111,425 53,185,585

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