taxes Property Tax Assistance

2023 ISD Summary Worksheet

109-Hill/Hill County

109-904/Hillsboro ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 399,635,979 N/A 399,635,979 399,635,979
B - MULTIFAMILY 16,053,690 N/A 16,053,690 16,053,690
C1 - VACANT LOTS 15,864,076 N/A 15,864,076 15,864,076
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,334,284 N/A 10,334,284 10,334,284
D2 - FARM & RANCH IMP 7,214,011 N/A 7,214,011 7,214,011
E - NON-AG LAND AND IMPROVEMENTS 146,424,988 N/A 146,424,988 146,424,988
F1 - COMMERCIAL REAL 215,633,908 N/A 215,633,908 215,633,908
F2 - INDUSTRIAL REAL 97,467,820 N/A 97,467,820 97,467,820
G - ALL MINERALS 5,961,244 N/A 5,961,244 5,961,244
J - ALL UTILITIES 101,923,740 N/A 101,923,740 101,923,740
L1 - COMMERCIAL PERSONAL 101,932,250 N/A 101,932,250 101,932,250
L2 - INDUSTRIAL PERSONAL 205,471,860 N/A 205,471,860 205,471,860
M1 - MOBILE HOMES 4,854,500 N/A 4,854,500 4,854,500
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,759,370 N/A 1,759,370 1,759,370
S - SPECIAL INVENTORY 5,583,720 N/A 5,583,720 5,583,720
Subtotal 1,336,115,440 0 1,336,115,440 1,336,115,440
Less Total Deductions 357,552,531 0 357,552,531 357,552,531
Total Taxable Value 978,562,909 0 978,562,909 978,562,909

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

Measure Value Description
T1 1,068,375,479 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 978,562,909 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,068,375,479 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 978,562,909 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,100,625,479 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,122,125,479 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 998,074,963 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,147,151,689 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,057,339,119 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,147,151,689 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,057,339,119 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,179,401,689 T13 plus the loss to the chapter 313 agreement
T16 1,200,901,689 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,076,851,173 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 89,812,570 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 32,250,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 21,500,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

109-904-02/Hillsboro ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 399,635,979 N/A 399,635,979 399,635,979
B - MULTIFAMILY 16,053,690 N/A 16,053,690 16,053,690
C1 - VACANT LOTS 15,864,076 N/A 15,864,076 15,864,076
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,334,284 N/A 10,334,284 10,334,284
D2 - FARM & RANCH IMP 7,214,011 N/A 7,214,011 7,214,011
E - NON-AG LAND AND IMPROVEMENTS 146,424,988 N/A 146,424,988 146,424,988
F1 - COMMERCIAL REAL 215,633,908 N/A 215,633,908 215,633,908
F2 - INDUSTRIAL REAL 97,467,820 N/A 97,467,820 97,467,820
G - ALL MINERALS 5,961,244 N/A 5,961,244 5,961,244
J - ALL UTILITIES 101,923,740 N/A 101,923,740 101,923,740
L1 - COMMERCIAL PERSONAL 101,932,250 N/A 101,932,250 101,932,250
L2 - INDUSTRIAL PERSONAL 205,471,860 N/A 205,471,860 205,471,860
M1 - MOBILE HOMES 4,854,500 N/A 4,854,500 4,854,500
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,759,370 N/A 1,759,370 1,759,370
S - SPECIAL INVENTORY 5,583,720 N/A 5,583,720 5,583,720
Subtotal 1,336,115,440 1,336,115,440 1,336,115,440
Less Total Deductions 357,552,531 357,552,531 357,552,531
Total Taxable Value 978,562,909 978,562,909 978,562,909

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

Measure Value Description
T1 1,068,375,479 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 978,562,909 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,068,375,479 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 978,562,909 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,100,625,479 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,122,125,479 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 998,074,963 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,147,151,689 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,057,339,119 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,147,151,689 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,057,339,119 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,179,401,689 T13 plus the loss to the chapter 313 agreement
T16 1,200,901,689 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,076,851,173 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 89,812,570 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 32,250,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 21,500,000 Loss to Second Previous Homestead Increase