taxes Property Tax Assistance

2017 ISD Summary Worksheet

110/Hockley

110-907/Sundown ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 37,220,616 .9439 39,432,796 37,220,616
B. Multi-Family Residences 462,470 N/A 462,470 462,470
C1. Vacant Lots 464,898 N/A 464,898 464,898
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,166,339 1.6130 3,202,945 5,166,339
D2. Real Prop Farm & Ranch 91,412 N/A 91,412 91,412
E. Real Prop NonQual Acres 2,519,192 N/A 2,519,192 2,519,192
F1. Commercial Real 5,675,940 N/A 5,675,940 5,675,940
F2. Industrial Real 272,461,080 N/A 272,461,080 272,461,080
G. Oil, Gas, Minerals 409,191,430 1.0244 399,444,973 409,191,430
J. Utilities 49,992,910 .7788 64,192,232 49,992,910
L1. Commercial Personal 1,555,070 N/A 1,555,070 1,555,070
L2. Industrial Personal 28,540,660 N/A 28,540,660 28,540,660
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 813,374,337 818,075,988 813,374,337
Less Total Deductions 15,395,271   15,826,497 15,395,271
Total Taxable Value 797,979,066 802,249,491 797,979,066 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
800,882,097 797,979,066 798,340,720 795,437,689


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,903,031 2,541,377


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
800,882,097 797,979,066 798,340,720 795,437,689

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