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