taxes Property Tax Assistance

2018 ISD Summary Worksheet

110/Hockley

110-907/Sundown ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 38,940,705 N/A 38,940,705 38,940,705
B. Multi-Family Residences 462,550 N/A 462,550 462,550
C1. Vacant Lots 455,049 N/A 455,049 455,049
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,376,302 N/A 5,376,302 5,376,302
D2. Real Prop Farm & Ranch 91,412 N/A 91,412 91,412
E. Real Prop NonQual Acres 2,503,072 N/A 2,503,072 2,503,072
F1. Commercial Real 6,060,910 N/A 6,060,910 6,060,910
F2. Industrial Real 289,428,580 N/A 289,428,580 289,428,580
G. Oil, Gas, Minerals 425,421,570 N/A 425,421,570 425,421,570
J. Utilities 47,550,980 N/A 47,550,980 47,550,980
L1. Commercial Personal 1,494,470 N/A 1,494,470 1,494,470
L2. Industrial Personal 28,286,430 N/A 28,286,430 28,286,430
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 846,104,350 846,104,350 846,104,350
Less Total Deductions 20,535,132   20,535,132 20,535,132
Total Taxable Value 825,569,218 825,569,218 825,569,218 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
828,457,408 825,569,218 825,841,020 822,952,830


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,888,190 2,616,388


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
828,457,408 825,569,218 825,841,020 822,952,830

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