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