taxes Property Tax Assistance

2020 Deduction Detail

109-Hill /Hill County

109-914/Penelope ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 4,347,390 4,347,390 4,347,390
Homestead - State-Mandated Over-65 or Disabled $10,000 685,846 685,846 685,846
Homestead - 100% Disabled or Unemployable Veterans 403,587 403,587 403,587
Homestead - Disabled Veterans and Surviving Spouse 85,410 85,410 85,410
Homestead - Over-65 or Disabled Freeze Loss 1,237,695 1,695,223 1,237,695
Homestead - 10% Appraisal Cap Loss 93,751 99,703 93,751
Freeport 0 0 0
Pollution Control 0 0 0
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 1,558 1,558 1,558
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Homestead - Surviving Spouse 100% Disabled 0 0 0
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0

109-914/Penelope ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 4,347,390 4,347,390 4,347,390
Homestead - State-Mandated Over-65 or Disabled $10,000 685,846 685,846 685,846
Homestead - 100% Disabled or Unemployable Veterans 403,587 403,587 403,587
Homestead - Disabled Veterans and Surviving Spouse 85,410 85,410 85,410
Homestead - Over-65 or Disabled Freeze Loss 1,237,695 1,695,223 1,237,695
Homestead - 10% Appraisal Cap Loss 93,751 99,703 93,751
Freeport 0 0 0
Pollution Control 0 0 0
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 1,558 1,558 1,558
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 0 0 0
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Total Deductions Allowed in PVS 6,855,237 7,318,717 6,855,237