taxes Property Tax Assistance

2021 Deduction Detail

109-Hill /Hill County

109-914/Penelope ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 4,430,769 4,430,769 4,430,769
Homestead - State-Mandated Over-65 or Disabled $10,000 681,497 681,497 681,497
Homestead - 100% Disabled or Unemployable Veterans 423,799 423,799 423,799
Homestead - Disabled Veterans and Surviving Spouse 85,640 85,640 85,640
Homestead - Over-65 or Disabled Freeze Loss 1,294,179 1,294,179 1,294,179
Homestead - 10% Appraisal Cap Loss 241,499 241,499 241,499
Freeport 0 0 0
Pollution Control 0 0 0
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 53,460 53,460 53,460
Deferred Taxes 1,562 1,562 1,562
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 13,070 13,070 13,070
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0

109-914/Penelope ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 4,430,769 4,430,769 4,430,769
Homestead - State-Mandated Over-65 or Disabled $10,000 681,497 681,497 681,497
Homestead - 100% Disabled or Unemployable Veterans 423,799 423,799 423,799
Homestead - Disabled Veterans and Surviving Spouse 85,640 85,640 85,640
Homestead - Over-65 or Disabled Freeze Loss 1,294,179 1,294,179 1,294,179
Homestead - 10% Appraisal Cap Loss 241,499 241,499 241,499
Freeport 0 0 0
Pollution Control 0 0 0
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 53,460 53,460 53,460
Deferred Taxes 1,562 1,562 1,562
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 13,070 13,070 13,070
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Total Deductions Allowed in PVS 7,225,475 7,225,475 7,225,475