taxes Property Tax Assistance

2017 ISD Summary Worksheet

110/Hockley

110-908/Whitharral ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 14,049,120 .9455 14,858,932 14,049,120
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 90,458 N/A 90,458 90,458
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,295,365 2.3363 7,402,988 17,295,365
D2. Real Prop Farm & Ranch 505,742 N/A 505,742 505,742
E. Real Prop NonQual Acres 2,081,867 N/A 2,081,867 2,081,867
F1. Commercial Real 421,274 N/A 421,274 421,274
F2. Industrial Real 73,130 N/A 73,130 73,130
G. Oil, Gas, Minerals 14,978,790 1.0258 14,602,057 14,978,790
J. Utilities 4,431,740 .8007 5,534,832 4,431,740
L1. Commercial Personal 202,320 N/A 202,320 202,320
L2. Industrial Personal 77,440 N/A 77,440 77,440
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 54,207,246 45,851,040 54,207,246
Less Total Deductions 3,452,514   3,631,695 3,452,514
Total Taxable Value 50,754,732 42,219,345 50,754,732 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
51,657,332 50,754,732 51,657,332 50,754,732


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
902,600 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
51,657,332 50,754,732 51,657,332 50,754,732

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.