Top navigation skipped
ceiling reduction
2019 ISD Summary Worksheet
097-Hamilton
097-903/Hico ISD
| Category | Local Tax Roll Value | 2019 WTD Mean Ratio | 2019 PTAD Value Estimate | 2019 Value Assigned |
|---|---|---|---|---|
| A. SINGLE-FAMILY RESIDENCES | 52,376,029 | 0.9838 | 53,238,493 | 52,376,029 |
| B. MULTIFAMILY RESIDENCES | 1,189,650 | N/A | 1,189,650 | 1,189,650 |
| C1. VACANT LOTS | 2,028,670 | N/A | 2,028,670 | 2,028,670 |
| D1. QUALIFIED AG LAND | 6,014,629 | 1.1883 | 5,061,667 | 6,014,629 |
| D2. REAL PROP:FARM & RANCH | 5,769,850 | 0.9853 | 5,855,932 | 5,769,850 |
| E. REAL PROP NONQUAL ACREAGE | 58,720,230 | 0.9099 | 64,534,817 | 58,720,230 |
| F1. COMMERCIAL REAL | 16,265,751 | 0.9503 | 17,116,438 | 16,265,751 |
| F2. INDUSTRIAL REAL | 357,890 | N/A | 357,890 | 357,890 |
| J. UTILITIES | 6,587,780 | N/A | 6,587,780 | 6,587,780 |
| L1. COMMERCIAL PERSONAL | 5,184,340 | N/A | 5,184,340 | 5,184,340 |
| L2. INDUSTRIAL PERSONAL | 1,240,200 | N/A | 1,240,200 | 1,240,200 |
| M. MOBILE HOMES | 1,356,050 | N/A | 1,356,050 | 1,356,050 |
| O. RESIDENTIAL INVENTORY | 6,000 | N/A | 6,000 | 6,000 |
| S. SPECIAL INVENTORY | 6,290 | N/A | 6,290 | 6,290 |
| Subtotal | 157,103,359 | 0 | 163,764,217 | 157,103,359 |
| Less Total Deductions | 29,574,463 | 0 | 30,122,329 | 29,574,463 |
| Total Taxable Value | 127,528,896 | 0 | 133,641,888 | 127,528,896 |
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 |
|---|---|---|---|
| 132,567,172 | 127,528,896 | 132,567,172 | 127,528,896 |
| Loss To the Additional $10,000 Homestead Exemption |
50% of the loss to the Local Optional Percentage Homestead Exemption |
|---|---|
| 5,038,276 | 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 |
|---|---|---|---|
| 132,567,172 | 127,528,896 | 132,567,172 | 127,528,896 |
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
097-903-02/Hico ISD
| Category | Local Tax Roll Value | 2019 WTD Mean Ratio | 2019 PTAD Value Estimate | 2019 Value Assigned |
|---|---|---|---|---|
| A. SINGLE-FAMILY RESIDENCES | 52,376,029 | 0.9838 | 53,238,493 | 52,376,029 |
| B. MULTIFAMILY RESIDENCES | 1,189,650 | N/A | 1,189,650 | 1,189,650 |
| C1. VACANT LOTS | 2,028,670 | N/A | 2,028,670 | 2,028,670 |
| D1. QUALIFIED AG LAND | 6,014,629 | 1.1883 | 5,061,667 | 6,014,629 |
| D2. REAL PROP:FARM & RANCH | 5,769,850 | 0.9853 | 5,855,932 | 5,769,850 |
| E. REAL PROP NONQUAL ACREAGE | 58,720,230 | 0.9099 | 64,534,817 | 58,720,230 |
| F1. COMMERCIAL REAL | 16,265,751 | 0.9503 | 17,116,438 | 16,265,751 |
| F2. INDUSTRIAL REAL | 357,890 | N/A | 357,890 | 357,890 |
| J. UTILITIES | 6,587,780 | N/A | 6,587,780 | 6,587,780 |
| L1. COMMERCIAL PERSONAL | 5,184,340 | N/A | 5,184,340 | 5,184,340 |
| L2. INDUSTRIAL PERSONAL | 1,240,200 | N/A | 1,240,200 | 1,240,200 |
| M. MOBILE HOMES | 1,356,050 | N/A | 1,356,050 | 1,356,050 |
| O. RESIDENTIAL INVENTORY | 6,000 | N/A | 6,000 | 6,000 |
| S. SPECIAL INVENTORY | 6,290 | N/A | 6,290 | 6,290 |
| Subtotal | 157,103,359 | 163,764,217 | 157,103,359 | |
| Less Total Deductions | 29,574,463 | 30,122,329 | 29,574,463 | |
| Total Taxable Value | 127,528,896 | 133,641,888 | 127,528,896 |
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 |
|---|---|---|---|
| 132,567,172 | 127,528,896 | 132,567,172 | 127,528,896 |
| Loss To the Additional $10,000 Homestead Exemption |
50 % of the loss to the Local Optional Percentage Homestead Exemption |
|---|---|
| 5,038,276 | 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 |
|---|---|---|---|
| 132,567,172 | 127,528,896 | 132,567,172 | 127,528,896 |
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 taxceiling 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