taxes Property Tax Assistance

2025 ISD Summary Worksheet

Smyer ISD (all splits)   Hockley County  

110-Hockley/Hockley County

110-906/Smyer ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 121,251,029 1.0495 115,532,186 121,251,029
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 7,850,610 N/A 7,850,610 7,850,610
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,103,114 0.9094 8,910,459 8,103,114
D2 - FARM & RANCH IMP 461,940 N/A 461,940 461,940
E - NON-AG LAND AND IMPROVEMENTS 4,042,910 0.3489 11,587,590 4,042,910
F1 - COMMERCIAL REAL 6,340,174 N/A 6,340,174 6,340,174
F2 - INDUSTRIAL REAL 2,140,320 N/A 2,140,320 2,140,320
G - ALL MINERALS 27,696,620 0.9679 28,615,167 27,696,620
J - ALL UTILITIES 14,059,710 0.8921 15,760,240 14,059,710
L1 - COMMERCIAL PERSONAL 1,622,520 N/A 1,622,520 1,622,520
L2 - INDUSTRIAL PERSONAL 335,730 N/A 335,730 335,730
M1 - MOBILE HOMES 0 N/A 0 0
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 281,090 N/A 281,090 281,090
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 194,185,767 0 199,438,026 194,185,767
Less Total Deductions 67,315,760 0 66,534,821 67,315,760
Total Taxable Value 126,870,007 0 132,903,205 126,870,007

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 136,664,482 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 126,870,007 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 136,664,482 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 126,870,007 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 158,152,750 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 164,998,065 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 129,130,226 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 169,910,930 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 129,311,642 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 136,664,482 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 126,870,007 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 136,664,482 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 126,870,007 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 158,152,750 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 164,998,065 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 129,130,226 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 169,910,930 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 129,311,642 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 9,794,475 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 21,488,268 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 6,845,315 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 4,912,865 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 2,441,635 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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110-906-02/Smyer ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 121,251,029 1.0495 115,532,186 121,251,029
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 7,850,610 N/A 7,850,610 7,850,610
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,103,114 0.9094 8,910,459 8,103,114
D2 - FARM & RANCH IMP 461,940 N/A 461,940 461,940
E - NON-AG LAND AND IMPROVEMENTS 4,042,910 0.3489 11,587,590 4,042,910
F1 - COMMERCIAL REAL 6,340,174 N/A 6,340,174 6,340,174
F2 - INDUSTRIAL REAL 2,140,320 N/A 2,140,320 2,140,320
G - ALL MINERALS 27,696,620 0.9679 28,615,167 27,696,620
J - ALL UTILITIES 14,059,710 0.8921 15,760,240 14,059,710
L1 - COMMERCIAL PERSONAL 1,622,520 N/A 1,622,520 1,622,520
L2 - INDUSTRIAL PERSONAL 335,730 N/A 335,730 335,730
M1 - MOBILE HOMES 0 N/A 0 0
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 281,090 N/A 281,090 281,090
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 194,185,767 199,438,026 194,185,767
Less Total Deductions 67,315,760 66,534,821 67,315,760
Total Taxable Value 126,870,007 132,903,205 126,870,007

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 136,664,482 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 126,870,007 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 136,664,482 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 126,870,007 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 158,152,750 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 164,998,065 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 129,130,226 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 169,910,930 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 129,311,642 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 136,664,482 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 126,870,007 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 136,664,482 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 126,870,007 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 158,152,750 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 164,998,065 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 129,130,226 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 169,910,930 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 129,311,642 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 9,794,475 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 21,488,268 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 6,845,315 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 4,912,865 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 2,441,635 Loss to the increase in the Over-65/Disabled Homestead

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