taxes Property Tax Assistance

2020 ISD Summary Worksheet

110-Hockley /Hockley County

110-907/Sundown ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 40,395,482 0.8873 45,526,296 40,395,482
B - MULTIFAMILY 539,570 N/A 539,570 539,570
C1 - VACANT LOTS 442,203 N/A 442,203 442,203
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,418,393 1.2077 3,658,607 4,418,393
D2 - FARM & RANCH IMP 92,412 N/A 92,412 92,412
E - NON-AG LAND AND IMPROVEMENTS 4,526,240 N/A 4,526,240 4,526,240
F1 - COMMERCIAL REAL 5,937,140 N/A 5,937,140 5,937,140
F2 - INDUSTRIAL REAL 282,940,080 N/A 282,940,080 282,940,080
G - ALL MINERALS 495,421,150 1.0155 487,859,330 495,421,150
J - ALL UTILITIES 49,489,250 0.8562 57,801,039 49,489,250
L1 - COMMERCIAL PERSONAL 3,541,570 N/A 3,541,570 3,541,570
L2 - INDUSTRIAL PERSONAL 23,441,960 N/A 23,441,960 23,441,960
M1 - MOBILE HOMES 32,320 N/A 32,320 32,320
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 911,217,770 0 916,338,767 911,217,770
Less Total Deductions 20,301,979 0 21,445,755 20,301,979
Total Taxable Value 890,915,791 0 894,893,012 890,915,791

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
893,570,081 890,915,791 890,894,655 888,240,365


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,654,290 2,675,426


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
893,570,081 890,915,791 890,894,655 888,240,365

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

110-907-02/Sundown ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 40,395,482 0.8873 45,526,296 40,395,482
B - MULTIFAMILY 539,570 N/A 539,570 539,570
C1 - VACANT LOTS 442,203 N/A 442,203 442,203
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,418,393 1.2077 3,658,607 4,418,393
D2 - FARM & RANCH IMP 92,412 N/A 92,412 92,412
E - NON-AG LAND AND IMPROVEMENTS 4,526,240 N/A 4,526,240 4,526,240
F1 - COMMERCIAL REAL 5,937,140 N/A 5,937,140 5,937,140
F2 - INDUSTRIAL REAL 282,940,080 N/A 282,940,080 282,940,080
G - ALL MINERALS 495,421,150 1.0155 487,859,330 495,421,150
J - ALL UTILITIES 49,489,250 0.8562 57,801,039 49,489,250
L1 - COMMERCIAL PERSONAL 3,541,570 N/A 3,541,570 3,541,570
L2 - INDUSTRIAL PERSONAL 23,441,960 N/A 23,441,960 23,441,960
M1 - MOBILE HOMES 32,320 N/A 32,320 32,320
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 911,217,770 916,338,767 911,217,770
Less Total Deductions 20,301,979 21,445,755 20,301,979
Total Taxable Value 890,915,791 894,893,012 890,915,791

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
893,570,081 890,915,791 890,894,655 888,240,365


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,654,290 2,675,426


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
893,570,081 890,915,791 890,894,655 888,240,365

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