Top navigation skipped
2023 ISD Summary Worksheet
109-Hill/Hill County
109-907/Itasca ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 118,190,081 | N/A | 118,190,081 | 118,190,081 |
| B - MULTIFAMILY | 1,660,840 | N/A | 1,660,840 | 1,660,840 |
| C1 - VACANT LOTS | 17,044,980 | N/A | 17,044,980 | 17,044,980 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 11,523,720 | N/A | 11,523,720 | 11,523,720 |
| D2 - FARM & RANCH IMP | 11,976,550 | N/A | 11,976,550 | 11,976,550 |
| E - NON-AG LAND AND IMPROVEMENTS | 177,635,980 | N/A | 177,635,980 | 177,635,980 |
| F1 - COMMERCIAL REAL | 24,472,690 | N/A | 24,472,690 | 24,472,690 |
| F2 - INDUSTRIAL REAL | 155,179,580 | N/A | 155,179,580 | 155,179,580 |
| G - ALL MINERALS | 10,203,672 | N/A | 10,203,672 | 10,203,672 |
| J - ALL UTILITIES | 51,208,080 | N/A | 51,208,080 | 51,208,080 |
| L1 - COMMERCIAL PERSONAL | 19,760,100 | N/A | 19,760,100 | 19,760,100 |
| L2 - INDUSTRIAL PERSONAL | 18,917,680 | N/A | 18,917,680 | 18,917,680 |
| M1 - MOBILE HOMES | 2,913,400 | N/A | 2,913,400 | 2,913,400 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 0 | N/A | 0 | 0 |
| S - SPECIAL INVENTORY | 1,434,170 | N/A | 1,434,170 | 1,434,170 |
| Subtotal | 622,121,523 | 0 | 622,121,523 | 622,121,523 |
| Less Total Deductions | 251,408,737 | 0 | 251,408,737 | 251,408,737 |
| Total Taxable Value | 370,712,786 | 0 | 370,712,786 | 370,712,786 |
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 | 412,047,003 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 370,712,786 | 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 | 412,047,003 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 370,712,786 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 426,492,003 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 436,122,003 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 380,499,479 | 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 | 541,111,183 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 499,776,966 | 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 | 541,111,183 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 499,776,966 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 555,556,183 | T13 plus the loss to the chapter 313 agreement |
| T16 | 565,186,183 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 509,563,659 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 41,334,217 | 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 | 14,445,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 9,630,000 | Loss to Second Previous Homestead Increase |
THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED
109-907-02/Itasca ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 118,190,081 | N/A | 118,190,081 | 118,190,081 |
| B - MULTIFAMILY | 1,660,840 | N/A | 1,660,840 | 1,660,840 |
| C1 - VACANT LOTS | 17,044,980 | N/A | 17,044,980 | 17,044,980 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 11,523,720 | N/A | 11,523,720 | 11,523,720 |
| D2 - FARM & RANCH IMP | 11,976,550 | N/A | 11,976,550 | 11,976,550 |
| E - NON-AG LAND AND IMPROVEMENTS | 177,635,980 | N/A | 177,635,980 | 177,635,980 |
| F1 - COMMERCIAL REAL | 24,472,690 | N/A | 24,472,690 | 24,472,690 |
| F2 - INDUSTRIAL REAL | 155,179,580 | N/A | 155,179,580 | 155,179,580 |
| G - ALL MINERALS | 10,203,672 | N/A | 10,203,672 | 10,203,672 |
| J - ALL UTILITIES | 51,208,080 | N/A | 51,208,080 | 51,208,080 |
| L1 - COMMERCIAL PERSONAL | 19,760,100 | N/A | 19,760,100 | 19,760,100 |
| L2 - INDUSTRIAL PERSONAL | 18,917,680 | N/A | 18,917,680 | 18,917,680 |
| M1 - MOBILE HOMES | 2,913,400 | N/A | 2,913,400 | 2,913,400 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 0 | N/A | 0 | 0 |
| S - SPECIAL INVENTORY | 1,434,170 | N/A | 1,434,170 | 1,434,170 |
| Subtotal | 622,121,523 | 622,121,523 | 622,121,523 | |
| Less Total Deductions | 251,408,737 | 251,408,737 | 251,408,737 | |
| Total Taxable Value | 370,712,786 | 370,712,786 | 370,712,786 |
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 | 412,047,003 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 370,712,786 | 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 | 412,047,003 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 370,712,786 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 426,492,003 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 436,122,003 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 380,499,479 | 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 | 541,111,183 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 499,776,966 | 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 | 541,111,183 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 499,776,966 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 555,556,183 | T13 plus the loss to the chapter 313 agreement |
| T16 | 565,186,183 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 509,563,659 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 41,334,217 | 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 | 14,445,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 9,630,000 | Loss to Second Previous Homestead Increase |