taxes Property Tax Assistance

2023 ISD Summary Worksheet

Smyer ISD (all splits)   Hockley County  

110-Hockley/Hockley County

110-906/Smyer ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 13,955,070 0.9293 15,016,755 15,016,755
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 7,628,040 N/A 7,628,040 7,628,040
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,851,846 1.2776 8,493,865 8,493,865
D2 - FARM & RANCH IMP 226,540 N/A 226,540 226,540
E - NON-AG LAND AND IMPROVEMENTS 81,464,512 0.7807 104,348,036 104,348,036
F1 - COMMERCIAL REAL 3,967,474 N/A 3,967,474 3,967,474
F2 - INDUSTRIAL REAL 2,122,040 N/A 2,122,040 2,122,040
G - ALL MINERALS 28,847,740 1.0114 28,522,583 28,522,583
J - ALL UTILITIES 14,195,570 0.9719 14,605,999 14,605,999
L1 - COMMERCIAL PERSONAL 1,389,320 N/A 1,389,320 1,389,320
L2 - INDUSTRIAL PERSONAL 314,550 N/A 314,550 314,550
M1 - MOBILE HOMES 209,530 N/A 209,530 209,530
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 165,172,232 0 186,844,732 186,844,732
Less Total Deductions 42,831,666 0 44,688,180 44,688,180
Total Taxable Value 122,340,566 0 142,156,552 142,156,552

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

Measure Value Description
T1 157,199,968 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 142,156,552 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 157,199,968 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 142,156,552 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 164,564,968 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 169,474,968 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 144,205,977 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 157,199,968 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 142,156,552 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 157,199,968 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 142,156,552 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 164,564,968 T13 plus the loss to the chapter 313 agreement
T16 169,474,968 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 144,205,977 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 15,043,416 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 7,365,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,910,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE


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110-906-02/Smyer ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 13,955,070 0.9293 15,016,755 15,016,755
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 7,628,040 N/A 7,628,040 7,628,040
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,851,846 1.2776 8,493,865 8,493,865
D2 - FARM & RANCH IMP 226,540 N/A 226,540 226,540
E - NON-AG LAND AND IMPROVEMENTS 81,464,512 0.7807 104,348,036 104,348,036
F1 - COMMERCIAL REAL 3,967,474 N/A 3,967,474 3,967,474
F2 - INDUSTRIAL REAL 2,122,040 N/A 2,122,040 2,122,040
G - ALL MINERALS 28,847,740 1.0114 28,522,583 28,522,583
J - ALL UTILITIES 14,195,570 0.9719 14,605,999 14,605,999
L1 - COMMERCIAL PERSONAL 1,389,320 N/A 1,389,320 1,389,320
L2 - INDUSTRIAL PERSONAL 314,550 N/A 314,550 314,550
M1 - MOBILE HOMES 209,530 N/A 209,530 209,530
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 165,172,232 186,844,732 186,844,732
Less Total Deductions 42,831,666 44,688,180 44,688,180
Total Taxable Value 122,340,566 142,156,552 142,156,552

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

Measure Value Description
T1 157,199,968 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 142,156,552 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 157,199,968 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 142,156,552 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 164,564,968 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 169,474,968 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 144,205,977 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 157,199,968 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 142,156,552 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 157,199,968 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 142,156,552 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 164,564,968 T13 plus the loss to the chapter 313 agreement
T16 169,474,968 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 144,205,977 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 15,043,416 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 7,365,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,910,000 Loss to Second Previous Homestead Increase

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