taxes Property Tax Assistance

2022 ISD Summary Worksheet

Levelland ISD (all splits)   Hockley County  

110-Hockley/Hockley County

110-902/Levelland ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 570,907,785 0.8695 656,593,197 570,907,785
B - MULTIFAMILY 12,070,240 N/A 12,070,240 12,070,240
C1 - VACANT LOTS 5,940,484 N/A 5,940,484 5,940,484
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 38,932,685 2.3856 16,319,693 38,932,685
D2 - FARM & RANCH IMP 1,894,880 N/A 1,894,880 1,894,880
E - NON-AG LAND AND IMPROVEMENTS 17,985,550 N/A 17,985,550 17,985,550
F1 - COMMERCIAL REAL 110,269,979 0.9403 117,271,061 110,269,979
F2 - INDUSTRIAL REAL 41,544,996 N/A 41,544,996 41,544,996
G - ALL MINERALS 639,794,720 0.9967 641,913,033 639,794,720
J - ALL UTILITIES 63,925,340 N/A 63,925,340 63,925,340
L1 - COMMERCIAL PERSONAL 115,684,210 1.0126 114,244,726 115,684,210
L2 - INDUSTRIAL PERSONAL 83,133,280 N/A 83,133,280 83,133,280
M1 - MOBILE HOMES 3,969,430 N/A 3,969,430 3,969,430
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 37,580 N/A 37,580 37,580
S - SPECIAL INVENTORY 6,517,590 N/A 6,517,590 6,517,590
Subtotal 1,712,608,749 0 1,783,361,080 1,712,608,749
Less Total Deductions 185,672,377 0 214,269,677 185,672,377
Total Taxable Value 1,526,936,372 0 1,569,091,403 1,526,936,372

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's office 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 school 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

Measure Value Description
T1 1,565,929,130 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,526,936,372 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,565,929,130 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,526,936,372 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,600,439,130 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,565,929,130 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,526,936,372 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,565,929,130 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,526,936,372 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,600,439,130 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 38,992,758 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 34,510,000 Loss to the second most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


Back to top

110-902-02/Levelland ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 570,907,785 0.8695 656,593,197 570,907,785
B - MULTIFAMILY 12,070,240 N/A 12,070,240 12,070,240
C1 - VACANT LOTS 5,940,484 N/A 5,940,484 5,940,484
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 38,932,685 2.3856 16,319,693 38,932,685
D2 - FARM & RANCH IMP 1,894,880 N/A 1,894,880 1,894,880
E - NON-AG LAND AND IMPROVEMENTS 17,985,550 N/A 17,985,550 17,985,550
F1 - COMMERCIAL REAL 110,269,979 0.9403 117,271,061 110,269,979
F2 - INDUSTRIAL REAL 41,544,996 N/A 41,544,996 41,544,996
G - ALL MINERALS 639,794,720 0.9967 641,913,033 639,794,720
J - ALL UTILITIES 63,925,340 N/A 63,925,340 63,925,340
L1 - COMMERCIAL PERSONAL 115,684,210 1.0126 114,244,726 115,684,210
L2 - INDUSTRIAL PERSONAL 83,133,280 N/A 83,133,280 83,133,280
M1 - MOBILE HOMES 3,969,430 N/A 3,969,430 3,969,430
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 37,580 N/A 37,580 37,580
S - SPECIAL INVENTORY 6,517,590 N/A 6,517,590 6,517,590
Subtotal 1,712,608,749 1,783,361,080 1,712,608,749
Less Total Deductions 185,672,377 214,269,677 185,672,377
Total Taxable Value 1,526,936,372 1,569,091,403 1,526,936,372

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's office 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 school 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

Measure Value Description
T1 1,565,929,130 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,526,936,372 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,565,929,130 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,526,936,372 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,600,439,130 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,565,929,130 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,526,936,372 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,565,929,130 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,526,936,372 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,600,439,130 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 38,992,758 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 34,510,000 Loss to the second most recent increase in the state-mandated homestead exemption

Back to top