110-Hockley/Hockley County
110-902/Levelland ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
644,063,583 |
0.8416 |
765,284,676 |
765,284,676 |
| B - MULTIFAMILY |
13,758,489 |
N/A |
13,758,489 |
13,758,489 |
| C1 - VACANT LOTS |
7,239,432 |
N/A |
7,239,432 |
7,239,432 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
37,667,459 |
1.8539 |
20,318,327 |
20,318,327 |
| D2 - FARM & RANCH IMP |
1,965,670 |
N/A |
1,965,670 |
1,965,670 |
| E - NON-AG LAND AND IMPROVEMENTS |
23,091,630 |
N/A |
23,091,630 |
23,091,630 |
| F1 - COMMERCIAL REAL |
115,847,485 |
0.9575 |
120,989,540 |
120,989,540 |
| F2 - INDUSTRIAL REAL |
38,323,280 |
N/A |
38,323,280 |
38,323,280 |
| G - ALL MINERALS |
668,430,760 |
0.9885 |
676,207,142 |
676,207,142 |
| J - ALL UTILITIES |
68,195,870 |
N/A |
68,195,870 |
68,195,870 |
| L1 - COMMERCIAL PERSONAL |
107,091,160 |
1.0234 |
104,642,525 |
104,642,525 |
| L2 - INDUSTRIAL PERSONAL |
119,803,050 |
N/A |
119,803,050 |
119,803,050 |
| M1 - MOBILE HOMES |
7,908,170 |
N/A |
7,908,170 |
7,908,170 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
27,740 |
N/A |
27,740 |
27,740 |
| S - SPECIAL INVENTORY |
8,195,720 |
N/A |
8,195,720 |
8,195,720 |
| Subtotal |
1,861,609,498 |
0 |
1,975,951,261 |
1,975,951,261 |
| Less Total Deductions |
348,898,645 |
0 |
389,877,476 |
389,877,476 |
| Total Taxable Value |
1,512,710,853 |
0 |
1,586,073,785 |
1,586,073,785 |
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
| Measure | Value | Description |
|---|
| T1 |
1,717,718,158 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
1,586,073,785 |
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 |
1,717,718,158 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
1,586,073,785 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
1,769,273,158 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
1,803,643,158 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
1,612,872,183 |
School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss |
VALUE TAXABLE FOR I&S PURPOSES
| Measure | Value | Description |
|---|
| T7 |
1,717,718,158 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
1,586,073,785 |
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 |
1,717,718,158 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
1,586,073,785 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
1,769,273,158 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
1,803,643,158 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
1,612,872,183 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
131,644,373 |
Loss to the increase in the state-mandated homestead |
| LOSS_LOCL_HMSTD |
0 |
50% of the loss to the local optional percentage homestead exemption |
| LOSS_PREV_INCR_HMSTD |
51,555,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
34,370,000 |
Loss to Second Previous Homestead Increase |
THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE
110-902-02/Levelland ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
644,063,583 |
0.8416 |
765,284,676 |
765,284,676 |
| B - MULTIFAMILY |
13,758,489 |
N/A |
13,758,489 |
13,758,489 |
| C1 - VACANT LOTS |
7,239,432 |
N/A |
7,239,432 |
7,239,432 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
37,667,459 |
1.8539 |
20,318,327 |
20,318,327 |
| D2 - FARM & RANCH IMP |
1,965,670 |
N/A |
1,965,670 |
1,965,670 |
| E - NON-AG LAND AND IMPROVEMENTS |
23,091,630 |
N/A |
23,091,630 |
23,091,630 |
| F1 - COMMERCIAL REAL |
115,847,485 |
0.9575 |
120,989,540 |
120,989,540 |
| F2 - INDUSTRIAL REAL |
38,323,280 |
N/A |
38,323,280 |
38,323,280 |
| G - ALL MINERALS |
668,430,760 |
0.9885 |
676,207,142 |
676,207,142 |
| J - ALL UTILITIES |
68,195,870 |
N/A |
68,195,870 |
68,195,870 |
| L1 - COMMERCIAL PERSONAL |
107,091,160 |
1.0234 |
104,642,525 |
104,642,525 |
| L2 - INDUSTRIAL PERSONAL |
119,803,050 |
N/A |
119,803,050 |
119,803,050 |
| M1 - MOBILE HOMES |
7,908,170 |
N/A |
7,908,170 |
7,908,170 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
27,740 |
N/A |
27,740 |
27,740 |
| S - SPECIAL INVENTORY |
8,195,720 |
N/A |
8,195,720 |
8,195,720 |
| Subtotal |
1,861,609,498 |
|
1,975,951,261 |
1,975,951,261 |
| Less Total Deductions |
348,898,645 |
|
389,877,476 |
389,877,476 |
| Total Taxable Value |
1,512,710,853 |
|
1,586,073,785 |
1,586,073,785 |
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
| Measure | Value | Description |
|---|
| T1 |
1,717,718,158 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
1,586,073,785 |
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 |
1,717,718,158 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
1,586,073,785 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
1,769,273,158 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
1,803,643,158 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
1,612,872,183 |
School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss |
VALUE TAXABLE FOR I&S PURPOSES
| Measure | Value | Description |
|---|
| T7 |
1,717,718,158 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
1,586,073,785 |
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 |
1,717,718,158 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
1,586,073,785 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
1,769,273,158 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
1,803,643,158 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
1,612,872,183 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
131,644,373 |
Loss to the increase in the state-mandated homestead |
| LOSS_LOCL_HMSTD |
0 |
50% of the loss to the local optional percentage homestead exemption |
| LOSS_PREV_INCR_HMSTD |
51,555,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
34,370,000 |
Loss to Second Previous Homestead Increase |
