taxes Property Tax Assistance

2016 ISD Summary Worksheet

110/Hockley

110-908/Whitharral ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 13,233,397 .8539 15,497,596 13,233,397
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 90,615 N/A 90,615 90,615
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 19,973,599 1.5680 12,738,430 19,973,599
D2. Real Prop Farm & Ranch 491,032 N/A 491,032 491,032
E. Real Prop NonQual Acres 1,609,517 N/A 1,609,517 1,609,517
F1. Commercial Real 421,274 N/A 421,274 421,274
F2. Industrial Real 74,650 N/A 74,650 74,650
G. Oil, Gas, Minerals 11,401,360 1.0063 11,329,981 11,401,360
J. Utilities 4,891,440 N/A 4,891,440 4,891,440
L1. Commercial Personal 188,290 N/A 188,290 188,290
L2. Industrial Personal 70,110 N/A 70,110 70,110
M. Other Personal 0 N/A 0 0
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 52,445,284 47,402,935 52,445,284
Less Total Deductions 3,656,951   4,154,760 3,656,951
Total Taxable Value 48,788,333 43,248,175 48,788,333 T2

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
49,722,233 48,788,333 49,722,233 48,788,333


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
933,900 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
49,722,233 48,788,333 49,722,233 48,788,333

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.