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