taxes Property Tax Assistance

2021 ISD Summary Worksheet

110-Hockley /Hockley County

110-907/Sundown ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 41,511,046 0.8947 46,396,609 41,511,046
B - MULTIFAMILY 539,650 N/A 539,650 539,650
C1 - VACANT LOTS 448,180 N/A 448,180 448,180
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,382,387 1.1657 3,759,488 4,382,387
D2 - FARM & RANCH IMP 92,412 N/A 92,412 92,412
E - NON-AG LAND AND IMPROVEMENTS 4,308,760 N/A 4,308,760 4,308,760
F1 - COMMERCIAL REAL 5,904,300 N/A 5,904,300 5,904,300
F2 - INDUSTRIAL REAL 256,597,460 N/A 256,597,460 256,597,460
G - ALL MINERALS 378,659,680 0.9798 386,466,299 378,659,680
J - ALL UTILITIES 45,601,070 0.8825 51,672,601 45,601,070
L1 - COMMERCIAL PERSONAL 4,656,690 N/A 4,656,690 4,656,690
L2 - INDUSTRIAL PERSONAL 23,040,130 N/A 23,040,130 23,040,130
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 765,774,085 0 783,914,899 765,774,085
Less Total Deductions 20,114,785 0 21,312,789 20,114,785
Total Taxable Value 745,659,300 0 762,602,110 745,659,300

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
748,443,965 745,659,300 745,669,654 742,884,989


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,784,665 2,774,311


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
748,443,965 745,659,300 745,669,654 742,884,989

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 41,511,046 0.8947 46,396,609 41,511,046
B - MULTIFAMILY 539,650 N/A 539,650 539,650
C1 - VACANT LOTS 448,180 N/A 448,180 448,180
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,382,387 1.1657 3,759,488 4,382,387
D2 - FARM & RANCH IMP 92,412 N/A 92,412 92,412
E - NON-AG LAND AND IMPROVEMENTS 4,308,760 N/A 4,308,760 4,308,760
F1 - COMMERCIAL REAL 5,904,300 N/A 5,904,300 5,904,300
F2 - INDUSTRIAL REAL 256,597,460 N/A 256,597,460 256,597,460
G - ALL MINERALS 378,659,680 0.9798 386,466,299 378,659,680
J - ALL UTILITIES 45,601,070 0.8825 51,672,601 45,601,070
L1 - COMMERCIAL PERSONAL 4,656,690 N/A 4,656,690 4,656,690
L2 - INDUSTRIAL PERSONAL 23,040,130 N/A 23,040,130 23,040,130
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 765,774,085 783,914,899 765,774,085
Less Total Deductions 20,114,785 21,312,789 20,114,785
Total Taxable Value 745,659,300 762,602,110 745,659,300

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
748,443,965 745,659,300 745,669,654 742,884,989


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,784,665 2,774,311


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
748,443,965 745,659,300 745,669,654 742,884,989

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