taxes Property Tax Assistance

2018 ISD Summary Worksheet

110-Hockley

110-902/Levelland ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	479,664,513	N/A	479,664,513	479,664,513
B. MULTIFAMILY RESIDENCES	11,117,200	N/A	11,117,200	11,117,200
C1. VACANT LOTS	3,794,285	N/A	3,794,285	3,794,285
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	46,893,164	N/A	46,893,164	46,893,164
D2. REAL PROP:FARM & RANCH	1,779,162	N/A	1,779,162	1,779,162
E. REAL PROP NONQUAL ACREAGE	10,574,355	N/A	10,574,355	10,574,355
F1. COMMERCIAL REAL	97,911,085	N/A	97,911,085	97,911,085
F2. INDUSTRIAL REAL	34,906,480	N/A	34,906,480	34,906,480
G. OIL,GAS,MINERALS	412,030,620	N/A	412,030,620	412,030,620
J. UTILITIES	57,620,970	N/A	57,620,970	57,620,970
L1. COMMERCIAL PERSONAL	75,938,600	N/A	75,938,600	75,938,600
L2. INDUSTRIAL PERSONAL	98,091,240	N/A	98,091,240	98,091,240
M. MOBILE HOMES	4,603,640	N/A	4,603,640	4,603,640
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	97,050	N/A	97,050	97,050
S. SPECIAL INVENTORY	5,903,650	N/A	5,903,650	5,903,650
Subtotal	1,340,926,014	0	1,340,926,014	1,340,926,014
Less Total Deductions	148,289,474	0	148,289,475	148,289,474
Total Taxable Value	1,192,636,540	0	1,192,636,539	1,192,636,540

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
1,222,773,808	1,192,636,540	1,222,773,808	1,192,636,540

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
30,137,268	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
1,222,773,808	1,192,636,540	1,222,773,808	1,192,636,540

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

110-902-02/Levelland ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	479,664,513	N/A	479,664,513	479,664,513
B. MULTIFAMILY RESIDENCES	11,117,200	N/A	11,117,200	11,117,200
C1. VACANT LOTS	3,794,285	N/A	3,794,285	3,794,285
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	46,893,164	N/A	46,893,164	46,893,164
D2. REAL PROP:FARM & RANCH	1,779,162	N/A	1,779,162	1,779,162
E. REAL PROP NONQUAL ACREAGE	10,574,355	N/A	10,574,355	10,574,355
F1. COMMERCIAL REAL	97,911,085	N/A	97,911,085	97,911,085
F2. INDUSTRIAL REAL	34,906,480	N/A	34,906,480	34,906,480
G. OIL,GAS,MINERALS	412,030,620	N/A	412,030,620	412,030,620
J. UTILITIES	57,620,970	N/A	57,620,970	57,620,970
L1. COMMERCIAL PERSONAL	75,938,600	N/A	75,938,600	75,938,600
L2. INDUSTRIAL PERSONAL	98,091,240	N/A	98,091,240	98,091,240
M. MOBILE HOMES	4,603,640	N/A	4,603,640	4,603,640
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	97,050	N/A	97,050	97,050
S. SPECIAL INVENTORY	5,903,650	N/A	5,903,650	5,903,650
Subtotal	1,340,926,014		1,340,926,014	1,340,926,014
Less Total Deductions	148,289,474		148,289,475	148,289,474
Total Taxable Value	1,192,636,540		1,192,636,539	1,192,636,540

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
1,222,773,808	1,192,636,540	1,222,773,808	1,192,636,540

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
30,137,268	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
1,222,773,808	1,192,636,540	1,222,773,808	1,192,636,540

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