taxes Property Tax Assistance

2019 ISD Summary Worksheet

110-Hockley

110-905/Ropes ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 63,361,761 0.9471 66,900,814 63,361,761
C1. VACANT LOTS 300,206 N/A 300,206 300,206
D1. QUALIFIED AG LAND 23,653,585 1.7056 13,868,076 23,653,585
D2. REAL PROP:FARM & RANCH 1,833,520 N/A 1,833,520 1,833,520
E. REAL PROP NONQUAL ACREAGE 4,478,730 N/A 4,478,730 4,478,730
F1. COMMERCIAL REAL 4,851,920 N/A 4,851,920 4,851,920
F2. INDUSTRIAL REAL 7,119,220 N/A 7,119,220 7,119,220
G. OIL,GAS,MINERALS 2,886,950 N/A 2,886,950 2,886,950
J. UTILITIES 8,539,170 0.9842 8,676,255 8,539,170
L1. COMMERCIAL PERSONAL 4,158,000 N/A 4,158,000 4,158,000
L2. INDUSTRIAL PERSONAL 3,049,940 N/A 3,049,940 3,049,940
M. MOBILE HOMES 38,300 N/A 38,300 38,300
O. RESIDENTIAL INVENTORY 408,050 N/A 408,050 408,050
Subtotal 124,679,352 0 118,569,981 124,679,352
Less Total Deductions 13,113,490 0 13,840,205 13,113,490
Total Taxable Value 111,565,862 0 104,729,776 111,565,862

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
114,459,367 111,565,862 114,459,367 111,565,862


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,893,505 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
114,459,367 111,565,862 114,459,367 111,565,862

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

223-Terry

110-905/Ropes ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
D1. QUALIFIED AG LAND 1,629,560 N/A 1,629,560 1,629,560
D2. REAL PROP:FARM & RANCH 43,754 N/A 43,754 43,754
E. REAL PROP NONQUAL ACREAGE 843,261 N/A 843,261 843,261
J. UTILITIES 98,343 N/A 98,343 98,343
L2. INDUSTRIAL PERSONAL 13,341 N/A 13,341 13,341
Subtotal 2,628,259 0 2,628,259 2,628,259
Less Total Deductions 62,362 0 62,362 62,362
Total Taxable Value 2,565,897 0 2,565,897 2,565,897

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
2,578,492 2,565,897 2,578,492 2,565,897


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,595 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
2,578,492 2,565,897 2,578,492 2,565,897

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

110-905-02/Ropes ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 63,361,761 0.9471 66,900,814 63,361,761
C1. VACANT LOTS 300,206 N/A 300,206 300,206
D1. QUALIFIED AG LAND 25,283,145 1.6314 15,497,636 25,283,145
D2. REAL PROP:FARM & RANCH 1,877,274 N/A 1,877,274 1,877,274
E. REAL PROP NONQUAL ACREAGE 5,321,991 N/A 5,321,991 5,321,991
F1. COMMERCIAL REAL 4,851,920 N/A 4,851,920 4,851,920
F2. INDUSTRIAL REAL 7,119,220 N/A 7,119,220 7,119,220
G. OIL,GAS,MINERALS 2,886,950 N/A 2,886,950 2,886,950
J. UTILITIES 8,637,513 0.9844 8,774,598 8,637,513
L1. COMMERCIAL PERSONAL 4,158,000 N/A 4,158,000 4,158,000
L2. INDUSTRIAL PERSONAL 3,063,281 N/A 3,063,281 3,063,281
M. MOBILE HOMES 38,300 N/A 38,300 38,300
O. RESIDENTIAL INVENTORY 408,050 N/A 408,050 408,050
Subtotal 127,307,611 121,198,240 127,307,611
Less Total Deductions 13,175,852 13,902,567 13,175,852
Total Taxable Value 114,131,759 107,295,673 114,131,759

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
117,037,859 114,131,759 117,037,859 114,131,759


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,906,100 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
117,037,859 114,131,759 117,037,859 114,131,759

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