taxes Property Tax Assistance

2025 ISD Summary Worksheet

Levelland ISD (all splits)   Hockley County  

110-Hockley/Hockley County

110-902/Levelland ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 783,568,336 1.0267 763,191,133 783,568,336
B - MULTIFAMILY 14,223,113 N/A 14,223,113 14,223,113
C1 - VACANT LOTS 10,650,475 N/A 10,650,475 10,650,475
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 28,651,310 1.2006 23,864,500 28,651,310
D2 - FARM & RANCH IMP 2,301,661 N/A 2,301,661 2,301,661
E - NON-AG LAND AND IMPROVEMENTS 25,391,076 N/A 25,391,076 25,391,076
F1 - COMMERCIAL REAL 126,850,418 0.8685 146,056,900 126,850,418
F2 - INDUSTRIAL REAL 45,824,630 N/A 45,824,630 45,824,630
G - ALL MINERALS 591,402,890 1.0046 588,694,893 591,402,890
J - ALL UTILITIES 76,894,330 N/A 76,894,330 76,894,330
L1 - COMMERCIAL PERSONAL 112,660,060 1.0354 108,808,248 112,660,060
L2 - INDUSTRIAL PERSONAL 113,646,580 N/A 113,646,580 113,646,580
M1 - MOBILE HOMES 8,540,800 N/A 8,540,800 8,540,800
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 29,080 N/A 29,080 29,080
S - SPECIAL INVENTORY 8,130,880 N/A 8,130,880 8,130,880
Subtotal 1,948,765,639 0 1,936,248,299 1,948,765,639
Less Total Deductions 488,830,886 0 484,663,601 488,830,886
Total Taxable Value 1,459,934,753 0 1,451,584,698 1,459,934,753

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 1,540,469,228 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,459,934,753 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,540,469,228 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,459,934,753 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,702,920,702 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,750,592,571 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,484,314,860 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
T19 1,784,026,023 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 1,494,010,140 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,540,469,228 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,459,934,753 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,540,469,228 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,459,934,753 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,702,920,702 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,750,592,571 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,484,314,860 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
T20 1,784,026,023 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 1,494,010,140 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 80,534,475 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 162,451,474 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 47,671,869 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 33,433,452 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 34,075,387 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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110-902-02/Levelland ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 783,568,336 1.0267 763,191,133 783,568,336
B - MULTIFAMILY 14,223,113 N/A 14,223,113 14,223,113
C1 - VACANT LOTS 10,650,475 N/A 10,650,475 10,650,475
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 28,651,310 1.2006 23,864,500 28,651,310
D2 - FARM & RANCH IMP 2,301,661 N/A 2,301,661 2,301,661
E - NON-AG LAND AND IMPROVEMENTS 25,391,076 N/A 25,391,076 25,391,076
F1 - COMMERCIAL REAL 126,850,418 0.8685 146,056,900 126,850,418
F2 - INDUSTRIAL REAL 45,824,630 N/A 45,824,630 45,824,630
G - ALL MINERALS 591,402,890 1.0046 588,694,893 591,402,890
J - ALL UTILITIES 76,894,330 N/A 76,894,330 76,894,330
L1 - COMMERCIAL PERSONAL 112,660,060 1.0354 108,808,248 112,660,060
L2 - INDUSTRIAL PERSONAL 113,646,580 N/A 113,646,580 113,646,580
M1 - MOBILE HOMES 8,540,800 N/A 8,540,800 8,540,800
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 29,080 N/A 29,080 29,080
S - SPECIAL INVENTORY 8,130,880 N/A 8,130,880 8,130,880
Subtotal 1,948,765,639 1,936,248,299 1,948,765,639
Less Total Deductions 488,830,886 484,663,601 488,830,886
Total Taxable Value 1,459,934,753 1,451,584,698 1,459,934,753

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 1,540,469,228 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,459,934,753 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,540,469,228 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,459,934,753 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,702,920,702 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,750,592,571 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,484,314,860 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
T19 1,784,026,023 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 1,494,010,140 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,540,469,228 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,459,934,753 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,540,469,228 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,459,934,753 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,702,920,702 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,750,592,571 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,484,314,860 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
T20 1,784,026,023 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 1,494,010,140 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 80,534,475 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 162,451,474 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 47,671,869 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 33,433,452 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 34,075,387 Loss to the increase in the Over-65/Disabled Homestead

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