taxes Property Tax Assistance

2021 ISD Summary Worksheet

225-Titus /Titus County

225-906/Chapel Hill ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	64,121,938	1.0446	61,384,203	64,121,938
B - MULTIFAMILY	1,017,865	N/A	1,017,865	1,017,865
C1 - VACANT LOTS	979,678	N/A	979,678	979,678
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,457,016	1.0322	3,349,294	3,457,016
D2 - FARM & RANCH IMP	6,362,865	N/A	6,362,865	6,362,865
E - NON-AG LAND AND IMPROVEMENTS	106,684,261	1.0237	104,214,380	106,684,261
F1 - COMMERCIAL REAL	1,915,058	N/A	1,915,058	1,915,058
F2 - INDUSTRIAL REAL	2,193,076	N/A	2,193,076	2,193,076
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	7,992,154	N/A	7,992,154	7,992,154
L1 - COMMERCIAL PERSONAL	920,167	N/A	920,167	920,167
L2 - INDUSTRIAL PERSONAL	636,030	N/A	636,030	636,030
M1 - MOBILE HOMES	4,993,394	N/A	4,993,394	4,993,394
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	30,640	N/A	30,640	30,640
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	201,304,142	0	195,988,804	201,304,142
Less Total Deductions	35,344,917	0	33,282,350	35,344,917
Total Taxable Value	165,959,225	0	162,706,454	165,959,225

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
172,037,572	165,959,225	172,037,572	165,959,225

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
6,078,347	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
172,037,572	165,959,225	172,037,572	165,959,225

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

225-906-02/Chapel Hill ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	64,121,938	1.0446	61,384,203	64,121,938
B - MULTIFAMILY	1,017,865	N/A	1,017,865	1,017,865
C1 - VACANT LOTS	979,678	N/A	979,678	979,678
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,457,016	1.0322	3,349,294	3,457,016
D2 - FARM & RANCH IMP	6,362,865	N/A	6,362,865	6,362,865
E - NON-AG LAND AND IMPROVEMENTS	106,684,261	1.0237	104,214,380	106,684,261
F1 - COMMERCIAL REAL	1,915,058	N/A	1,915,058	1,915,058
F2 - INDUSTRIAL REAL	2,193,076	N/A	2,193,076	2,193,076
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	7,992,154	N/A	7,992,154	7,992,154
L1 - COMMERCIAL PERSONAL	920,167	N/A	920,167	920,167
L2 - INDUSTRIAL PERSONAL	636,030	N/A	636,030	636,030
M1 - MOBILE HOMES	4,993,394	N/A	4,993,394	4,993,394
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	30,640	N/A	30,640	30,640
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	201,304,142		195,988,804	201,304,142
Less Total Deductions	35,344,917		33,282,350	35,344,917
Total Taxable Value	165,959,225		162,706,454	165,959,225

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
172,037,572	165,959,225	172,037,572	165,959,225

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
6,078,347	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
172,037,572	165,959,225	172,037,572	165,959,225

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