taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

110/Hockley

110-908/Whitharral ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 12,692,660 .9544 13,299,099 12,692,660
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 89,730 N/A 89,730 89,730
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 19,477,365 1.7776 10,957,371 19,477,365
D2. Real Prop Farm & Ranch 489,013 N/A 489,013 489,013
E. Real Prop NonQual Acres 1,791,997 N/A 1,791,997 1,791,997
F1. Commercial Real 427,924 N/A 427,924 427,924
F2. Industrial Real 75,270 N/A 75,270 75,270
G. Oil, Gas, Minerals 22,213,620 .9593 23,156,072 22,213,620
J. Utilities 5,614,170 1.0154 5,529,023 5,614,170
L1. Commercial Personal 221,740 N/A 221,740 221,740
L2. Industrial Personal 87,010 N/A 87,010 87,010
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 63,180,499 56,124,249 63,180,499
Less Total Deductions 3,490,981   3,628,330 3,490,981
Total Taxable Value 59,689,518 52,495,919 59,689,518 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
60,589,268 59,689,518 60,589,268 59,689,518


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
899,750 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
60,589,268 59,689,518 60,589,268 59,689,518

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.