taxes Property Tax Assistance

2016 ISD Summary Worksheet

110/Hockley

110-907/Sundown ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 35,601,852 N/A 35,601,852 35,601,852
B. Multi-Family Residences 462,390 N/A 462,390 462,390
C1. Vacant Lots 480,818 N/A 480,818 480,818
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,006,418 N/A 6,006,418 6,006,418
D2. Real Prop Farm & Ranch 418,712 N/A 418,712 418,712
E. Real Prop NonQual Acres 1,806,072 N/A 1,806,072 1,806,072
F1. Commercial Real 5,503,410 N/A 5,503,410 5,503,410
F2. Industrial Real 273,963,250 N/A 273,963,250 273,963,250
G. Oil, Gas, Minerals 301,481,600 N/A 301,481,600 301,481,600
J. Utilities 50,690,200 N/A 50,690,200 50,690,200
L1. Commercial Personal 1,751,920 N/A 1,751,920 1,751,920
L2. Industrial Personal 28,315,290 N/A 28,315,290 28,315,290
M. Other Personal 32,320 N/A 32,320 32,320
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 706,514,252 706,514,252 706,514,252
Less Total Deductions 15,125,875   15,125,875 15,125,875
Total Taxable Value 691,388,377 691,388,377 691,388,377 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
694,141,183 691,388,377 691,798,252 689,045,446


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,752,806 2,342,931


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
694,141,183 691,388,377 691,798,252 689,045,446

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