taxes Property Tax Assistance

2018 ISD Summary Worksheet

110-Hockley

110-906/Smyer ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 53,631,320 1.0278 52,180,697 53,631,320
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 849,860 N/A 849,860 849,860
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 14,106,218 1.5914 8,864,205 14,106,218
D2. REAL PROP:FARM & RANCH 203,570 N/A 203,570 203,570
E. REAL PROP NONQUAL ACREAGE 3,355,605 N/A 3,355,605 3,355,605
F1. COMMERCIAL REAL 2,056,870 N/A 2,056,870 2,056,870
F2. INDUSTRIAL REAL 2,415,920 N/A 2,415,920 2,415,920
G. OIL,GAS,MINERALS 39,942,870 1.0388 38,450,972 39,942,870
J. UTILITIES 6,710,680 0.9464 7,090,744 6,710,680
L1. COMMERCIAL PERSONAL 1,116,900 N/A 1,116,900 1,116,900
L2. INDUSTRIAL PERSONAL 585,740 N/A 585,740 585,740
M. MOBILE HOMES 171,870 N/A 171,870 171,870
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 125,147,423 0 117,342,953 125,147,423
Less Total Deductions 14,512,346 0 14,188,805 14,512,346
Total Taxable Value 110,635,077 0 103,154,148 110,635,077

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
114,346,311 110,635,077 114,346,311 110,635,077


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,711,234 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
114,346,311 110,635,077 114,346,311 110,635,077

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

110-906-02/Smyer ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 53,631,320 1.0278 52,180,697 53,631,320
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 849,860 N/A 849,860 849,860
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 14,106,218 1.5914 8,864,205 14,106,218
D2. REAL PROP:FARM & RANCH 203,570 N/A 203,570 203,570
E. REAL PROP NONQUAL ACREAGE 3,355,605 N/A 3,355,605 3,355,605
F1. COMMERCIAL REAL 2,056,870 N/A 2,056,870 2,056,870
F2. INDUSTRIAL REAL 2,415,920 N/A 2,415,920 2,415,920
G. OIL,GAS,MINERALS 39,942,870 1.0388 38,450,972 39,942,870
J. UTILITIES 6,710,680 0.9464 7,090,744 6,710,680
L1. COMMERCIAL PERSONAL 1,116,900 N/A 1,116,900 1,116,900
L2. INDUSTRIAL PERSONAL 585,740 N/A 585,740 585,740
M. MOBILE HOMES 171,870 N/A 171,870 171,870
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 125,147,423 117,342,953 125,147,423
Less Total Deductions 14,512,346 14,188,805 14,512,346
Total Taxable Value 110,635,077 103,154,148 110,635,077

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
114,346,311 110,635,077 114,346,311 110,635,077


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,711,234 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
114,346,311 110,635,077 114,346,311 110,635,077

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