taxes Property Tax Assistance

2022 ISD Summary Worksheet

110-Hockley/Hockley County

110-906/Smyer ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	11,569,610	0.9050	12,784,099	11,569,610
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	5,062,610	N/A	5,062,610	5,062,610
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,325,665	1.7024	6,652,662	11,325,665
D2 - FARM & RANCH IMP	223,240	N/A	223,240	223,240
E - NON-AG LAND AND IMPROVEMENTS	64,403,013	0.8023	80,272,981	64,403,013
F1 - COMMERCIAL REAL	2,903,830	N/A	2,903,830	2,903,830
F2 - INDUSTRIAL REAL	2,113,210	N/A	2,113,210	2,113,210
G - ALL MINERALS	27,794,690	1.0021	27,736,443	27,794,690
J - ALL UTILITIES	13,465,040	0.9838	13,686,766	13,465,040
L1 - COMMERCIAL PERSONAL	1,505,350	N/A	1,505,350	1,505,350
L2 - INDUSTRIAL PERSONAL	361,180	N/A	361,180	361,180
M1 - MOBILE HOMES	142,980	N/A	142,980	142,980
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	140,870,418	0	153,445,351	140,870,418
Less Total Deductions	19,815,033	0	21,577,485	19,815,033
Total Taxable Value	121,055,385	0	131,867,866	121,055,385

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	T13
125,600,958	121,055,385	125,600,958	121,055,385	130,290,958

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
4,545,573	0	4,690,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
125,600,958	121,055,385	125,600,958	121,055,385	130,290,958

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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

110-906-02/Smyer ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	11,569,610	0.9050	12,784,099	11,569,610
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	5,062,610	N/A	5,062,610	5,062,610
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,325,665	1.7024	6,652,662	11,325,665
D2 - FARM & RANCH IMP	223,240	N/A	223,240	223,240
E - NON-AG LAND AND IMPROVEMENTS	64,403,013	0.8023	80,272,981	64,403,013
F1 - COMMERCIAL REAL	2,903,830	N/A	2,903,830	2,903,830
F2 - INDUSTRIAL REAL	2,113,210	N/A	2,113,210	2,113,210
G - ALL MINERALS	27,794,690	1.0021	27,736,443	27,794,690
J - ALL UTILITIES	13,465,040	0.9838	13,686,766	13,465,040
L1 - COMMERCIAL PERSONAL	1,505,350	N/A	1,505,350	1,505,350
L2 - INDUSTRIAL PERSONAL	361,180	N/A	361,180	361,180
M1 - MOBILE HOMES	142,980	N/A	142,980	142,980
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	140,870,418		153,445,351	140,870,418
Less Total Deductions	19,815,033		21,577,485	19,815,033
Total Taxable Value	121,055,385		131,867,866	121,055,385

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	T13
125,600,958	121,055,385	125,600,958	121,055,385	130,290,958

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
4,545,573	0	4,690,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
125,600,958	121,055,385	125,600,958	121,055,385	130,290,958

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement