taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

110/Hockley

110-905/Ropes ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 48,547,293 .9884 49,117,051 48,547,293
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 256,630 N/A 256,630 256,630
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 28,424,958 1.7228 16,499,246 28,424,958
D2. Real Prop Farm & Ranch 1,526,891 N/A 1,526,891 1,526,891
E. Real Prop NonQual Acres 1,047,120 N/A 1,047,120 1,047,120
F1. Commercial Real 1,239,710 N/A 1,239,710 1,239,710
F2. Industrial Real 5,479,580 N/A 5,479,580 5,479,580
G. Oil, Gas, Minerals 3,874,430 1.0346 3,744,858 3,874,430
J. Utilities 6,857,430 1.0172 6,741,477 6,857,430
L1. Commercial Personal 4,038,090 N/A 4,038,090 4,038,090
L2. Industrial Personal 2,024,130 N/A 2,024,130 2,024,130
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 300,570 N/A 300,570 300,570
S. Special Inventory 0 N/A 0 0
Subtotal 103,616,832 92,015,353 103,616,832
Less Total Deductions 12,230,754   12,348,209 12,230,754
Total Taxable Value 91,386,078 79,667,144 91,386,078 T2

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
94,159,843 91,386,078 94,159,843 91,386,078


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,773,765 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
94,159,843 91,386,078 94,159,843 91,386,078

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 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

The PVS found your local value invalid, but local value was certified because local value is greater than PTAD value.

223/Terry

110-905/Ropes ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,701,279 N/A 1,701,279 1,701,279
D2. Real Prop Farm & Ranch 137,303 N/A 137,303 137,303
E. Real Prop NonQual Acres 334,770 N/A 334,770 334,770
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 101,449 N/A 101,449 101,449
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 2,274,801 2,274,801 2,274,801
Less Total Deductions 57,295   57,295 57,295
Total Taxable Value 2,217,506 2,217,506 2,217,506 T2

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
2,229,801 2,217,506 2,229,801 2,217,506


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,295 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
2,229,801 2,217,506 2,229,801 2,217,506

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 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

The PVS found your local value to be valid, and local value was certified

110-905/Ropes ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 48,547,293 .9884 49,117,051 48,547,293
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 256,630 N/A 256,630 256,630
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 30,126,237 1.6552 18,200,525 30,126,237
D2. Real Prop Farm & Ranch 1,664,194 N/A 1,664,194 1,664,194
E. Real Prop NonQual Acres 1,381,890 N/A 1,381,890 1,381,890
F1. Commercial Real 1,239,710 N/A 1,239,710 1,239,710
F2. Industrial Real 5,479,580 N/A 5,479,580 5,479,580
G. Oil, Gas, Minerals 3,874,430 1.0346 3,744,858 3,874,430
J. Utilities 6,958,879 1.0169 6,842,926 6,958,879
L1. Commercial Personal 4,038,090 N/A 4,038,090 4,038,090
L2. Industrial Personal 2,024,130 N/A 2,024,130 2,024,130
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 300,570 N/A 300,570 300,570
S. Special Inventory 0 N/A 0 0
Subtotal 105,891,633 94,290,154 105,891,633
Less Total Deductions 12,288,049   12,405,504 12,288,049
Total Taxable Value 93,603,584 81,884,650 93,603,584 T2

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