taxes Property Tax Assistance

2024 ISD Summary Worksheet

Smyer ISD (all splits)   Hockley County  

110-Hockley/Hockley County

110-906/Smyer ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 27,612,355 0.9140 30,210,454 30,210,454
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 7,237,160 N/A 7,237,160 7,237,160
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,213,461 1.0891 8,459,644 8,459,644
D2 - FARM & RANCH IMP 254,540 N/A 254,540 254,540
E - NON-AG LAND AND IMPROVEMENTS 82,243,517 0.5434 151,349,866 151,349,866
F1 - COMMERCIAL REAL 4,444,324 N/A 4,444,324 4,444,324
F2 - INDUSTRIAL REAL 2,133,500 N/A 2,133,500 2,133,500
G - ALL MINERALS 23,055,330 1.0188 22,629,888 22,629,888
J - ALL UTILITIES 14,064,120 0.9490 14,819,937 14,819,937
L1 - COMMERCIAL PERSONAL 1,397,610 N/A 1,397,610 1,397,610
L2 - INDUSTRIAL PERSONAL 329,450 N/A 329,450 329,450
M1 - MOBILE HOMES 209,530 N/A 209,530 209,530
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 172,194,897 0 243,475,903 243,475,903
Less Total Deductions 50,241,811 0 52,901,077 52,901,077
Total Taxable Value 121,953,086 0 190,574,826 190,574,826

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 208,450,170 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 190,574,826 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 208,450,170 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 190,574,826 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 216,370,170 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 221,650,170 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 194,392,218 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 208,450,170 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 190,574,826 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 208,450,170 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 190,574,826 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 216,370,170 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 221,650,170 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 194,392,218 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 17,875,344 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 7,920,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 5,280,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE VALUES FOR YOUR SCHOOL DISTRICT ARE BELOW THE 90% CUTOFF AND YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE.


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110-906-02/Smyer ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 27,612,355 0.9140 30,210,454 30,210,454
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 7,237,160 N/A 7,237,160 7,237,160
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,213,461 1.0891 8,459,644 8,459,644
D2 - FARM & RANCH IMP 254,540 N/A 254,540 254,540
E - NON-AG LAND AND IMPROVEMENTS 82,243,517 0.5434 151,349,866 151,349,866
F1 - COMMERCIAL REAL 4,444,324 N/A 4,444,324 4,444,324
F2 - INDUSTRIAL REAL 2,133,500 N/A 2,133,500 2,133,500
G - ALL MINERALS 23,055,330 1.0188 22,629,888 22,629,888
J - ALL UTILITIES 14,064,120 0.9490 14,819,937 14,819,937
L1 - COMMERCIAL PERSONAL 1,397,610 N/A 1,397,610 1,397,610
L2 - INDUSTRIAL PERSONAL 329,450 N/A 329,450 329,450
M1 - MOBILE HOMES 209,530 N/A 209,530 209,530
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 172,194,897 243,475,903 243,475,903
Less Total Deductions 50,241,811 52,901,077 52,901,077
Total Taxable Value 121,953,086 190,574,826 190,574,826

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 208,450,170 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 190,574,826 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 208,450,170 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 190,574,826 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 216,370,170 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 221,650,170 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 194,392,218 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 208,450,170 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 190,574,826 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 208,450,170 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 190,574,826 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 216,370,170 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 221,650,170 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 194,392,218 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 17,875,344 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 7,920,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 5,280,000 Loss to the third most recent increase in the state-mandated homestead exemption

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