taxes Property Tax Assistance

2016 ISD Summary Worksheet

110/Hockley

110-906/Smyer ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 47,313,311 N/A 47,313,311 47,313,311
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 728,530 N/A 728,530 728,530
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,286,860 N/A 15,286,860 15,286,860
D2. Real Prop Farm & Ranch 142,740 N/A 142,740 142,740
E. Real Prop NonQual Acres 3,429,265 N/A 3,429,265 3,429,265
F1. Commercial Real 1,789,810 N/A 1,789,810 1,789,810
F2. Industrial Real 1,907,720 N/A 1,907,720 1,907,720
G. Oil, Gas, Minerals 22,774,810 N/A 22,774,810 22,774,810
J. Utilities 5,763,790 N/A 5,763,790 5,763,790
L1. Commercial Personal 1,907,690 N/A 1,907,690 1,907,690
L2. Industrial Personal 704,310 N/A 704,310 704,310
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 101,748,836 101,748,836 101,748,836
Less Total Deductions 14,122,738   14,122,738 14,122,738
Total Taxable Value 87,626,098 87,626,098 87,626,098 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
91,169,274 87,626,098 91,169,274 87,626,098


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,543,176 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
91,169,274 87,626,098 91,169,274 87,626,098

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