taxes Property Tax Assistance

2021 ISD Summary Worksheet

109-Hill /Hill County

109-904/Hillsboro ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	270,416,024	N/A	270,416,024	270,416,024
B - MULTIFAMILY	12,073,290	N/A	12,073,290	12,073,290
C1 - VACANT LOTS	8,628,900	N/A	8,628,900	8,628,900
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,378,793	N/A	11,378,793	11,378,793
D2 - FARM & RANCH IMP	6,676,840	N/A	6,676,840	6,676,840
E - NON-AG LAND AND IMPROVEMENTS	96,692,079	N/A	96,692,079	96,692,079
F1 - COMMERCIAL REAL	182,582,005	N/A	182,582,005	182,582,005
F2 - INDUSTRIAL REAL	66,287,830	N/A	66,287,830	66,287,830
G - ALL MINERALS	845,736	N/A	845,736	845,736
J - ALL UTILITIES	86,696,280	N/A	86,696,280	86,696,280
L1 - COMMERCIAL PERSONAL	79,841,090	N/A	79,841,090	79,841,090
L2 - INDUSTRIAL PERSONAL	135,688,760	N/A	135,688,760	135,688,760
M1 - MOBILE HOMES	2,765,430	N/A	2,765,430	2,765,430
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,388,840	N/A	1,388,840	1,388,840
S - SPECIAL INVENTORY	2,166,090	N/A	2,166,090	2,166,090
Subtotal	964,127,987	0	964,127,987	964,127,987
Less Total Deductions	184,491,839	0	184,491,839	184,491,839
Total Taxable Value	779,636,148	0	779,636,148	779,636,148

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
797,533,014	779,636,148	797,533,014	779,636,148

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
17,896,866	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
875,422,914	857,526,048	875,422,914	857,526,048

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	270,416,024	N/A	270,416,024	270,416,024
B - MULTIFAMILY	12,073,290	N/A	12,073,290	12,073,290
C1 - VACANT LOTS	8,628,900	N/A	8,628,900	8,628,900
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,378,793	N/A	11,378,793	11,378,793
D2 - FARM & RANCH IMP	6,676,840	N/A	6,676,840	6,676,840
E - NON-AG LAND AND IMPROVEMENTS	96,692,079	N/A	96,692,079	96,692,079
F1 - COMMERCIAL REAL	182,582,005	N/A	182,582,005	182,582,005
F2 - INDUSTRIAL REAL	66,287,830	N/A	66,287,830	66,287,830
G - ALL MINERALS	845,736	N/A	845,736	845,736
J - ALL UTILITIES	86,696,280	N/A	86,696,280	86,696,280
L1 - COMMERCIAL PERSONAL	79,841,090	N/A	79,841,090	79,841,090
L2 - INDUSTRIAL PERSONAL	135,688,760	N/A	135,688,760	135,688,760
M1 - MOBILE HOMES	2,765,430	N/A	2,765,430	2,765,430
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,388,840	N/A	1,388,840	1,388,840
S - SPECIAL INVENTORY	2,166,090	N/A	2,166,090	2,166,090
Subtotal	964,127,987		964,127,987	964,127,987
Less Total Deductions	184,491,839		184,491,839	184,491,839
Total Taxable Value	779,636,148		779,636,148	779,636,148

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
797,533,014	779,636,148	797,533,014	779,636,148

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
17,896,866	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
875,422,914	857,526,048	875,422,914	857,526,048

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