taxes Property Tax Assistance

2021 ISD Summary Worksheet

110-Hockley /Hockley County

110-908/Whitharral ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	15,987,268	0.8263	19,348,019	15,987,268
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	274,319	N/A	274,319	274,319
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,446,753	1.4698	10,509,565	15,446,753
D2 - FARM & RANCH IMP	932,071	N/A	932,071	932,071
E - NON-AG LAND AND IMPROVEMENTS	2,610,787	N/A	2,610,787	2,610,787
F1 - COMMERCIAL REAL	407,480	N/A	407,480	407,480
F2 - INDUSTRIAL REAL	70,170	N/A	70,170	70,170
G - ALL MINERALS	10,272,400	0.9681	10,610,887	10,272,400
J - ALL UTILITIES	5,563,470	0.8784	6,333,641	5,563,470
L1 - COMMERCIAL PERSONAL	269,590	N/A	269,590	269,590
L2 - INDUSTRIAL PERSONAL	72,630	N/A	72,630	72,630
M1 - MOBILE HOMES	0	N/A	0	0
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	51,906,938	0	51,439,159	51,906,938
Less Total Deductions	4,138,645	0	5,230,602	4,138,645
Total Taxable Value	47,768,293	0	46,208,557	47,768,293

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
48,702,343	47,768,293	48,702,343	47,768,293

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
934,050	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
48,702,343	47,768,293	48,702,343	47,768,293

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

110-908-02/Whitharral ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	15,987,268	0.8263	19,348,019	15,987,268
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	274,319	N/A	274,319	274,319
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,446,753	1.4698	10,509,565	15,446,753
D2 - FARM & RANCH IMP	932,071	N/A	932,071	932,071
E - NON-AG LAND AND IMPROVEMENTS	2,610,787	N/A	2,610,787	2,610,787
F1 - COMMERCIAL REAL	407,480	N/A	407,480	407,480
F2 - INDUSTRIAL REAL	70,170	N/A	70,170	70,170
G - ALL MINERALS	10,272,400	0.9681	10,610,887	10,272,400
J - ALL UTILITIES	5,563,470	0.8784	6,333,641	5,563,470
L1 - COMMERCIAL PERSONAL	269,590	N/A	269,590	269,590
L2 - INDUSTRIAL PERSONAL	72,630	N/A	72,630	72,630
M1 - MOBILE HOMES	0	N/A	0	0
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	51,906,938		51,439,159	51,906,938
Less Total Deductions	4,138,645		5,230,602	4,138,645
Total Taxable Value	47,768,293		46,208,557	47,768,293

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
48,702,343	47,768,293	48,702,343	47,768,293

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
934,050	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
48,702,343	47,768,293	48,702,343	47,768,293

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