taxes Property Tax Assistance

2021 ISD Summary Worksheet

Itasca ISD (all splits)   Hill County  

109-Hill/Hill County

109-907/Itasca ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 76,794,839 N/A 76,794,839 76,794,839
B - MULTIFAMILY 543,760 N/A 543,760 543,760
C1 - VACANT LOTS 7,348,450 N/A 7,348,450 7,348,450
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,499,322 N/A 12,499,322 12,499,322
D2 - FARM & RANCH IMP 9,143,800 N/A 9,143,800 9,143,800
E - NON-AG LAND AND IMPROVEMENTS 102,335,554 N/A 102,335,554 102,335,554
F1 - COMMERCIAL REAL 16,978,040 N/A 16,978,040 16,978,040
F2 - INDUSTRIAL REAL 4,919,580 N/A 4,919,580 4,919,580
G - ALL MINERALS 1,554,830 N/A 1,554,830 1,554,830
J - ALL UTILITIES 40,204,660 N/A 40,204,660 40,204,660
L1 - COMMERCIAL PERSONAL 16,507,130 N/A 16,507,130 16,507,130
L2 - INDUSTRIAL PERSONAL 13,962,930 N/A 13,962,930 13,962,930
M1 - MOBILE HOMES 1,781,620 N/A 1,781,620 1,781,620
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 222,080 N/A 222,080 222,080
Subtotal 304,796,595 0 304,796,595 304,796,595
Less Total Deductions 39,742,062 0 39,742,062 39,742,062
Total Taxable Value 265,054,533 0 265,054,533 265,054,533

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's office 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 school 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 272,543,201 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 265,054,533 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 272,543,201 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 265,054,533 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 272,543,201 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 265,054,533 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 272,543,201 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 265,054,533 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 7,488,668 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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109-907-02/Itasca ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 76,794,839 N/A 76,794,839 76,794,839
B - MULTIFAMILY 543,760 N/A 543,760 543,760
C1 - VACANT LOTS 7,348,450 N/A 7,348,450 7,348,450
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,499,322 N/A 12,499,322 12,499,322
D2 - FARM & RANCH IMP 9,143,800 N/A 9,143,800 9,143,800
E - NON-AG LAND AND IMPROVEMENTS 102,335,554 N/A 102,335,554 102,335,554
F1 - COMMERCIAL REAL 16,978,040 N/A 16,978,040 16,978,040
F2 - INDUSTRIAL REAL 4,919,580 N/A 4,919,580 4,919,580
G - ALL MINERALS 1,554,830 N/A 1,554,830 1,554,830
J - ALL UTILITIES 40,204,660 N/A 40,204,660 40,204,660
L1 - COMMERCIAL PERSONAL 16,507,130 N/A 16,507,130 16,507,130
L2 - INDUSTRIAL PERSONAL 13,962,930 N/A 13,962,930 13,962,930
M1 - MOBILE HOMES 1,781,620 N/A 1,781,620 1,781,620
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 222,080 N/A 222,080 222,080
Subtotal 304,796,595 304,796,595 304,796,595
Less Total Deductions 39,742,062 39,742,062 39,742,062
Total Taxable Value 265,054,533 265,054,533 265,054,533

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's office 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 school 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 272,543,201 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 265,054,533 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 272,543,201 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 265,054,533 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 272,543,201 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 265,054,533 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 272,543,201 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 265,054,533 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 7,488,668 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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