taxes Property Tax Assistance

2021 ISD Summary Worksheet

110-Hockley /Hockley County

110-906/Smyer ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 58,827,534 0.8345 70,494,349 70,494,349
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,786,710 N/A 1,786,710 1,786,710
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,929,994 1.3332 8,948,218 8,948,218
D2 - FARM & RANCH IMP 222,579 N/A 222,579 222,579
E - NON-AG LAND AND IMPROVEMENTS 5,465,076 0.8974 6,089,900 6,089,900
F1 - COMMERCIAL REAL 2,172,350 N/A 2,172,350 2,172,350
F2 - INDUSTRIAL REAL 2,105,930 N/A 2,105,930 2,105,930
G - ALL MINERALS 13,534,200 0.9940 13,615,895 13,615,895
J - ALL UTILITIES 7,503,680 0.9487 7,909,434 7,909,434
L1 - COMMERCIAL PERSONAL 1,506,210 N/A 1,506,210 1,506,210
L2 - INDUSTRIAL PERSONAL 410,410 N/A 410,410 410,410
M1 - MOBILE HOMES 142,980 N/A 142,980 142,980
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 105,607,653 0 115,404,965 115,404,965
Less Total Deductions 13,967,355 0 16,900,405 16,900,405
Total Taxable Value 91,640,298 0 98,504,560 98,504,560

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
102,156,180 98,504,560 102,156,180 98,504,560


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,651,620 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
102,156,180 98,504,560 102,156,180 98,504,560

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

110-906-02/Smyer ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 58,827,534 0.8345 70,494,349 70,494,349
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,786,710 N/A 1,786,710 1,786,710
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,929,994 1.3332 8,948,218 8,948,218
D2 - FARM & RANCH IMP 222,579 N/A 222,579 222,579
E - NON-AG LAND AND IMPROVEMENTS 5,465,076 0.8974 6,089,900 6,089,900
F1 - COMMERCIAL REAL 2,172,350 N/A 2,172,350 2,172,350
F2 - INDUSTRIAL REAL 2,105,930 N/A 2,105,930 2,105,930
G - ALL MINERALS 13,534,200 0.9940 13,615,895 13,615,895
J - ALL UTILITIES 7,503,680 0.9487 7,909,434 7,909,434
L1 - COMMERCIAL PERSONAL 1,506,210 N/A 1,506,210 1,506,210
L2 - INDUSTRIAL PERSONAL 410,410 N/A 410,410 410,410
M1 - MOBILE HOMES 142,980 N/A 142,980 142,980
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 105,607,653 115,404,965 115,404,965
Less Total Deductions 13,967,355 16,900,405 16,900,405
Total Taxable Value 91,640,298 98,504,560 98,504,560

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
102,156,180 98,504,560 102,156,180 98,504,560


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,651,620 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
102,156,180 98,504,560 102,156,180 98,504,560

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