taxes Property Tax Assistance

2020 ISD Summary Worksheet

225-Titus /Titus County

225-906/Chapel Hill ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 59,540,686 N/A 59,540,686 59,540,686
B - MULTIFAMILY 990,039 N/A 990,039 990,039
C1 - VACANT LOTS 739,783 N/A 739,783 739,783
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,558,672 N/A 3,558,672 3,558,672
D2 - FARM & RANCH IMP 6,081,689 N/A 6,081,689 6,081,689
E - NON-AG LAND AND IMPROVEMENTS 94,362,300 N/A 94,362,300 94,362,300
F1 - COMMERCIAL REAL 1,766,645 N/A 1,766,645 1,766,645
F2 - INDUSTRIAL REAL 2,230,515 N/A 2,230,515 2,230,515
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 7,642,750 N/A 7,642,750 7,642,750
L1 - COMMERCIAL PERSONAL 1,000,993 N/A 1,000,993 1,000,993
L2 - INDUSTRIAL PERSONAL 676,030 N/A 676,030 676,030
M1 - MOBILE HOMES 4,131,708 N/A 4,131,708 4,131,708
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 181,100 N/A 181,100 181,100
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 182,902,910 0 182,902,910 182,902,910
Less Total Deductions 32,987,620 0 32,987,620 32,987,620
Total Taxable Value 149,915,290 0 149,915,290 149,915,290

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
155,806,993 149,915,290 155,806,993 149,915,290


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,891,703 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
155,806,993 149,915,290 155,806,993 149,915,290

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

225-906-02/Chapel Hill ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 59,540,686 N/A 59,540,686 59,540,686
B - MULTIFAMILY 990,039 N/A 990,039 990,039
C1 - VACANT LOTS 739,783 N/A 739,783 739,783
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,558,672 N/A 3,558,672 3,558,672
D2 - FARM & RANCH IMP 6,081,689 N/A 6,081,689 6,081,689
E - NON-AG LAND AND IMPROVEMENTS 94,362,300 N/A 94,362,300 94,362,300
F1 - COMMERCIAL REAL 1,766,645 N/A 1,766,645 1,766,645
F2 - INDUSTRIAL REAL 2,230,515 N/A 2,230,515 2,230,515
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 7,642,750 N/A 7,642,750 7,642,750
L1 - COMMERCIAL PERSONAL 1,000,993 N/A 1,000,993 1,000,993
L2 - INDUSTRIAL PERSONAL 676,030 N/A 676,030 676,030
M1 - MOBILE HOMES 4,131,708 N/A 4,131,708 4,131,708
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 181,100 N/A 181,100 181,100
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 182,902,910 182,902,910 182,902,910
Less Total Deductions 32,987,620 32,987,620 32,987,620
Total Taxable Value 149,915,290 149,915,290 149,915,290

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
155,806,993 149,915,290 155,806,993 149,915,290


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,891,703 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
155,806,993 149,915,290 155,806,993 149,915,290

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