taxes Property Tax Assistance

2020 ISD Summary Worksheet

109-Hill /Hill County

109-901/Abbott ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 29,157,420 1.0224 28,518,603 29,157,420
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 590,750 N/A 590,750 590,750
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,566,829 1.4800 6,463,874 9,566,829
D2 - FARM & RANCH IMP 3,908,760 N/A 3,908,760 3,908,760
E - NON-AG LAND AND IMPROVEMENTS 33,689,438 0.9977 33,767,102 33,689,438
F1 - COMMERCIAL REAL 3,595,960 N/A 3,595,960 3,595,960
F2 - INDUSTRIAL REAL 1,574,710 N/A 1,574,710 1,574,710
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 8,171,060 0.9219 8,863,282 8,171,060
L1 - COMMERCIAL PERSONAL 1,820,370 N/A 1,820,370 1,820,370
L2 - INDUSTRIAL PERSONAL 27,487,690 N/A 27,487,690 27,487,690
M1 - MOBILE HOMES 528,620 N/A 528,620 528,620
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,430 N/A 5,430 5,430
Subtotal 120,097,037 0 117,125,151 120,097,037
Less Total Deductions 14,806,105 0 14,432,361 14,806,105
Total Taxable Value 105,290,932 0 102,692,790 105,290,932

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
108,178,018 105,290,932 108,178,018 105,290,932


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,887,086 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
108,178,018 105,290,932 108,178,018 105,290,932

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

109-901-02/Abbott ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 29,157,420 1.0224 28,518,603 29,157,420
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 590,750 N/A 590,750 590,750
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,566,829 1.4800 6,463,874 9,566,829
D2 - FARM & RANCH IMP 3,908,760 N/A 3,908,760 3,908,760
E - NON-AG LAND AND IMPROVEMENTS 33,689,438 0.9977 33,767,102 33,689,438
F1 - COMMERCIAL REAL 3,595,960 N/A 3,595,960 3,595,960
F2 - INDUSTRIAL REAL 1,574,710 N/A 1,574,710 1,574,710
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 8,171,060 0.9219 8,863,282 8,171,060
L1 - COMMERCIAL PERSONAL 1,820,370 N/A 1,820,370 1,820,370
L2 - INDUSTRIAL PERSONAL 27,487,690 N/A 27,487,690 27,487,690
M1 - MOBILE HOMES 528,620 N/A 528,620 528,620
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,430 N/A 5,430 5,430
Subtotal 120,097,037 117,125,151 120,097,037
Less Total Deductions 14,806,105 14,432,361 14,806,105
Total Taxable Value 105,290,932 102,692,790 105,290,932

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
108,178,018 105,290,932 108,178,018 105,290,932


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,887,086 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
108,178,018 105,290,932 108,178,018 105,290,932

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