taxes Property Tax Assistance

2020 ISD Summary Worksheet

110-Hockley /Hockley County

110-908/Whitharral ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	15,388,260	0.9464	16,259,784	15,388,260
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	99,376	N/A	99,376	99,376
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,984,902	1.5882	10,064,525	15,984,902
D2 - FARM & RANCH IMP	852,191	N/A	852,191	852,191
E - NON-AG LAND AND IMPROVEMENTS	2,424,294	0.7144	3,393,469	2,424,294
F1 - COMMERCIAL REAL	407,450	N/A	407,450	407,450
F2 - INDUSTRIAL REAL	71,030	N/A	71,030	71,030
G - ALL MINERALS	15,625,130	0.9887	15,803,712	15,625,130
J - ALL UTILITIES	5,650,470	0.8977	6,294,386	5,650,470
L1 - COMMERCIAL PERSONAL	243,790	N/A	243,790	243,790
L2 - INDUSTRIAL PERSONAL	73,520	N/A	73,520	73,520
M1 - MOBILE HOMES	24,460	N/A	24,460	24,460
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	56,844,873	0	53,587,693	56,844,873
Less Total Deductions	3,075,130	0	3,075,130	3,075,130
Total Taxable Value	53,769,743	0	50,512,563	53,769,743

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
54,540,583	53,769,743	54,540,583	53,769,743

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
770,840	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
54,540,583	53,769,743	54,540,583	53,769,743

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	15,388,260	0.9464	16,259,784	15,388,260
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	99,376	N/A	99,376	99,376
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,984,902	1.5882	10,064,525	15,984,902
D2 - FARM & RANCH IMP	852,191	N/A	852,191	852,191
E - NON-AG LAND AND IMPROVEMENTS	2,424,294	0.7144	3,393,469	2,424,294
F1 - COMMERCIAL REAL	407,450	N/A	407,450	407,450
F2 - INDUSTRIAL REAL	71,030	N/A	71,030	71,030
G - ALL MINERALS	15,625,130	0.9887	15,803,712	15,625,130
J - ALL UTILITIES	5,650,470	0.8977	6,294,386	5,650,470
L1 - COMMERCIAL PERSONAL	243,790	N/A	243,790	243,790
L2 - INDUSTRIAL PERSONAL	73,520	N/A	73,520	73,520
M1 - MOBILE HOMES	24,460	N/A	24,460	24,460
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	56,844,873		53,587,693	56,844,873
Less Total Deductions	3,075,130		3,075,130	3,075,130
Total Taxable Value	53,769,743		50,512,563	53,769,743

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
54,540,583	53,769,743	54,540,583	53,769,743

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
770,840	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
54,540,583	53,769,743	54,540,583	53,769,743

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