taxes Property Tax Assistance

2020 ISD Summary Worksheet

110-Hockley

110-906/Smyer ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	55,978,210	N/A	55,978,210	55,978,210
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	784,450	N/A	784,450	784,450
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	12,043,927	N/A	12,043,927	12,043,927
D2 - FARM & RANCH IMP	212,769	N/A	212,769	212,769
E - NON-AG LAND AND IMPROVEMENTS	6,649,287	N/A	6,649,287	6,649,287
F1 - COMMERCIAL REAL	2,160,400	N/A	2,160,400	2,160,400
F2 - INDUSTRIAL REAL	2,103,890	N/A	2,103,890	2,103,890
G - ALL MINERALS	31,951,450	N/A	31,951,450	31,951,450
J - ALL UTILITIES	8,132,560	N/A	8,132,560	8,132,560
L1 - COMMERCIAL PERSONAL	1,175,320	N/A	1,175,320	1,175,320
L2 - INDUSTRIAL PERSONAL	452,350	N/A	452,350	452,350
M1 - MOBILE HOMES	170,390	N/A	170,390	170,390
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	121,815,003	0	121,815,003	121,815,003
Less Total Deductions	13,949,369	0	13,949,369	13,949,369
Total Taxable Value	107,865,634	0	107,865,634	107,865,634

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
111,244,247	107,865,634	111,244,247	107,865,634

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,378,613	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
111,244,247	107,865,634	111,244,247	107,865,634

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	55,978,210	N/A	55,978,210	55,978,210
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	784,450	N/A	784,450	784,450
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	12,043,927	N/A	12,043,927	12,043,927
D2 - FARM & RANCH IMP	212,769	N/A	212,769	212,769
E - NON-AG LAND AND IMPROVEMENTS	6,649,287	N/A	6,649,287	6,649,287
F1 - COMMERCIAL REAL	2,160,400	N/A	2,160,400	2,160,400
F2 - INDUSTRIAL REAL	2,103,890	N/A	2,103,890	2,103,890
G - ALL MINERALS	31,951,450	N/A	31,951,450	31,951,450
J - ALL UTILITIES	8,132,560	N/A	8,132,560	8,132,560
L1 - COMMERCIAL PERSONAL	1,175,320	N/A	1,175,320	1,175,320
L2 - INDUSTRIAL PERSONAL	452,350	N/A	452,350	452,350
M1 - MOBILE HOMES	170,390	N/A	170,390	170,390
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	121,815,003		121,815,003	121,815,003
Less Total Deductions	13,949,369		13,949,369	13,949,369
Total Taxable Value	107,865,634		107,865,634	107,865,634

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
111,244,247	107,865,634	111,244,247	107,865,634

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,378,613	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
111,244,247	107,865,634	111,244,247	107,865,634

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