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 |
0.9201 |
15,166,906 |
15,166,906 |
| 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 |
0.7768 |
104,871,926 |
104,871,926 |
| 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 |
187,518,773 |
187,518,773 |
| Less Total Deductions |
42,831,666 |
0 |
44,950,722 |
44,950,722 |
| Total Taxable Value |
122,340,566 |
0 |
142,568,051 |
142,568,051 |
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 |
157,611,467 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
142,568,051 |
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 |
157,611,467 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
142,568,051 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
164,976,467 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
169,886,467 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
144,617,476 |
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 |
157,611,467 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
142,568,051 |
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 |
157,611,467 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
142,568,051 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
164,976,467 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
169,886,467 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
144,617,476 |
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
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 |
0.9201 |
15,166,906 |
15,166,906 |
| 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 |
0.7768 |
104,871,926 |
104,871,926 |
| 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 |
|
187,518,773 |
187,518,773 |
| Less Total Deductions |
42,831,666 |
|
44,950,722 |
44,950,722 |
| Total Taxable Value |
122,340,566 |
|
142,568,051 |
142,568,051 |
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 |
157,611,467 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
142,568,051 |
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 |
157,611,467 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
142,568,051 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
164,976,467 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
169,886,467 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
144,617,476 |
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 |
157,611,467 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
142,568,051 |
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 |
157,611,467 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
142,568,051 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
164,976,467 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
169,886,467 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
144,617,476 |
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 |
