taxes Property Tax Assistance

2020 ISD Summary Worksheet

109-Hill /Hill County

109-904/Hillsboro ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 247,977,750 0.9157 270,806,760 247,977,750
B - MULTIFAMILY 11,446,180 N/A 11,446,180 11,446,180
C1 - VACANT LOTS 8,174,708 N/A 8,174,708 8,174,708
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,218,873 1.5044 7,457,559 11,218,873
D2 - FARM & RANCH IMP 6,617,430 N/A 6,617,430 6,617,430
E - NON-AG LAND AND IMPROVEMENTS 86,076,850 0.9498 90,626,290 86,076,850
F1 - COMMERCIAL REAL 180,244,095 0.9656 186,665,384 180,244,095
F2 - INDUSTRIAL REAL 60,427,520 N/A 60,427,520 60,427,520
G - ALL MINERALS 969,387 N/A 969,387 969,387
J - ALL UTILITIES 89,717,110 0.9441 95,029,245 89,717,110
L1 - COMMERCIAL PERSONAL 77,649,160 1.0412 74,576,604 77,649,160
L2 - INDUSTRIAL PERSONAL 137,572,140 N/A 137,572,140 137,572,140
M1 - MOBILE HOMES 2,719,730 N/A 2,719,730 2,719,730
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 147,510 N/A 147,510 147,510
S - SPECIAL INVENTORY 4,657,650 N/A 4,657,650 4,657,650
Subtotal 925,616,093 0 957,894,097 925,616,093
Less Total Deductions 173,651,414 0 184,162,415 173,651,414
Total Taxable Value 751,964,679 0 773,731,682 751,964,679

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
769,679,920 751,964,679 769,679,920 751,964,679


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
17,715,241 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
841,270,350 823,555,109 841,270,350 823,555,109

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

109-904-02/Hillsboro ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 247,977,750 0.9157 270,806,760 247,977,750
B - MULTIFAMILY 11,446,180 N/A 11,446,180 11,446,180
C1 - VACANT LOTS 8,174,708 N/A 8,174,708 8,174,708
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,218,873 1.5044 7,457,559 11,218,873
D2 - FARM & RANCH IMP 6,617,430 N/A 6,617,430 6,617,430
E - NON-AG LAND AND IMPROVEMENTS 86,076,850 0.9498 90,626,290 86,076,850
F1 - COMMERCIAL REAL 180,244,095 0.9656 186,665,384 180,244,095
F2 - INDUSTRIAL REAL 60,427,520 N/A 60,427,520 60,427,520
G - ALL MINERALS 969,387 N/A 969,387 969,387
J - ALL UTILITIES 89,717,110 0.9441 95,029,245 89,717,110
L1 - COMMERCIAL PERSONAL 77,649,160 1.0412 74,576,604 77,649,160
L2 - INDUSTRIAL PERSONAL 137,572,140 N/A 137,572,140 137,572,140
M1 - MOBILE HOMES 2,719,730 N/A 2,719,730 2,719,730
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 147,510 N/A 147,510 147,510
S - SPECIAL INVENTORY 4,657,650 N/A 4,657,650 4,657,650
Subtotal 925,616,093 957,894,097 925,616,093
Less Total Deductions 173,651,414 184,162,415 173,651,414
Total Taxable Value 751,964,679 773,731,682 751,964,679

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
769,679,920 751,964,679 769,679,920 751,964,679


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
17,715,241 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
841,270,350 823,555,109 841,270,350 823,555,109

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