taxes Property Tax Assistance

2022 ISD Summary Worksheet

Hillsboro ISD (all splits)   Hill County  

109-Hill/Hill County

109-904/Hillsboro ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 340,867,460 0.9635 353,780,446 340,867,460
B - MULTIFAMILY 13,219,120 N/A 13,219,120 13,219,120
C1 - VACANT LOTS 11,210,200 N/A 11,210,200 11,210,200
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,264,024 1.3460 7,625,315 10,264,024
D2 - FARM & RANCH IMP 7,222,651 N/A 7,222,651 7,222,651
E - NON-AG LAND AND IMPROVEMENTS 126,181,759 0.8826 142,965,963 126,181,759
F1 - COMMERCIAL REAL 195,439,113 0.9844 198,536,279 195,439,113
F2 - INDUSTRIAL REAL 94,232,740 N/A 94,232,740 94,232,740
G - ALL MINERALS 1,888,247 N/A 1,888,247 1,888,247
J - ALL UTILITIES 90,427,810 0.8767 103,145,671 90,427,810
L1 - COMMERCIAL PERSONAL 90,183,690 0.9869 91,380,778 90,183,690
L2 - INDUSTRIAL PERSONAL 174,515,820 N/A 174,515,820 174,515,820
M1 - MOBILE HOMES 3,810,550 N/A 3,810,550 3,810,550
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,228,820 N/A 1,228,820 1,228,820
S - SPECIAL INVENTORY 2,608,540 N/A 2,608,540 2,608,540
Subtotal 1,163,300,544 0 1,207,371,140 1,163,300,544
Less Total Deductions 246,443,353 0 252,345,660 246,443,353
Total Taxable Value 916,857,191 0 955,025,480 916,857,191

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 942,087,479 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 916,857,191 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 942,087,479 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 916,857,191 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 962,847,479 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,041,598,329 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,016,368,041 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,041,598,329 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,016,368,041 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,062,358,329 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 25,230,288 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
LOSS_PREV_INCR_HMSTD 20,760,000 Loss to the second most recent increase in the state-mandated homestead exemption

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


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109-904-02/Hillsboro ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 340,867,460 0.9635 353,780,446 340,867,460
B - MULTIFAMILY 13,219,120 N/A 13,219,120 13,219,120
C1 - VACANT LOTS 11,210,200 N/A 11,210,200 11,210,200
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,264,024 1.3460 7,625,315 10,264,024
D2 - FARM & RANCH IMP 7,222,651 N/A 7,222,651 7,222,651
E - NON-AG LAND AND IMPROVEMENTS 126,181,759 0.8826 142,965,963 126,181,759
F1 - COMMERCIAL REAL 195,439,113 0.9844 198,536,279 195,439,113
F2 - INDUSTRIAL REAL 94,232,740 N/A 94,232,740 94,232,740
G - ALL MINERALS 1,888,247 N/A 1,888,247 1,888,247
J - ALL UTILITIES 90,427,810 0.8767 103,145,671 90,427,810
L1 - COMMERCIAL PERSONAL 90,183,690 0.9869 91,380,778 90,183,690
L2 - INDUSTRIAL PERSONAL 174,515,820 N/A 174,515,820 174,515,820
M1 - MOBILE HOMES 3,810,550 N/A 3,810,550 3,810,550
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,228,820 N/A 1,228,820 1,228,820
S - SPECIAL INVENTORY 2,608,540 N/A 2,608,540 2,608,540
Subtotal 1,163,300,544 1,207,371,140 1,163,300,544
Less Total Deductions 246,443,353 252,345,660 246,443,353
Total Taxable Value 916,857,191 955,025,480 916,857,191

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 942,087,479 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 916,857,191 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 942,087,479 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 916,857,191 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 962,847,479 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,041,598,329 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,016,368,041 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,041,598,329 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,016,368,041 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,062,358,329 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 25,230,288 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
LOSS_PREV_INCR_HMSTD 20,760,000 Loss to the second most recent increase in the state-mandated homestead exemption

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