Is the description for components of 条 correct? During studying 条 character in one of the dictionaries I have found decomposition of this character to two components:


夂 zhǐ: to go 
木 mù: tree; wood (Kangxi radical 75) 


I see the 夂 component but I am not sure of 木. Should it not be 小 or something similar instead to 木? When I've enlarged the font it resembles 小 without the horizontal stroke.
That decomposition is incorrect.

「条」is shorthand for「條」(Pinyin: tiáo, Baxter-Sagart Old Chinese: /*[l]ˤiw/, /*lˤiw/), which is composed of phonetic「攸」(Pinyin: yōu, Baxter-Sagart Old Chinese: /*liw/) and semantic「木」(wood).「木」sometimes looks like「ホ」when written on the bottom of characters; exact shapes vary between the standards of different regions.

The appearance of「夂」is a writing convention;「夂」doesn't contribute any semantic or phonetic function in「条」. At most, it can be seen as an abbreviation of「攸」.