taxes Property Tax Assistance

2022 ISD Summary Worksheet

109-Hill/Hill County

109-911/Whitney ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	643,686,210	0.8573	750,829,593	643,686,210
B - MULTIFAMILY	8,648,790	N/A	8,648,790	8,648,790
C1 - VACANT LOTS	70,418,611	0.7030	100,168,721	70,418,611
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,997,982	1.4941	2,675,925	3,997,982
D2 - FARM & RANCH IMP	7,055,770	N/A	7,055,770	7,055,770
E - NON-AG LAND AND IMPROVEMENTS	150,730,150	1.0396	144,988,601	150,730,150
F1 - COMMERCIAL REAL	86,072,650	0.9271	92,840,740	86,072,650
F2 - INDUSTRIAL REAL	13,660,600	N/A	13,660,600	13,660,600
G - ALL MINERALS	27,085	N/A	27,085	27,085
J - ALL UTILITIES	28,580,440	N/A	28,580,440	28,580,440
L1 - COMMERCIAL PERSONAL	22,266,940	N/A	22,266,940	22,266,940
L2 - INDUSTRIAL PERSONAL	28,209,320	N/A	28,209,320	28,209,320
M1 - MOBILE HOMES	9,628,560	N/A	9,628,560	9,628,560
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	827,650	N/A	827,650	827,650
S - SPECIAL INVENTORY	275,130	N/A	275,130	275,130
Subtotal	1,074,085,888	0	1,210,683,865	1,074,085,888
Less Total Deductions	238,859,313	0	290,066,116	238,859,313
Total Taxable Value	835,226,575	0	920,617,749	835,226,575

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	T13
871,598,548	835,226,575	871,598,548	835,226,575	903,558,548

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
36,371,973	0	31,960,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
871,598,548	835,226,575	871,598,548	835,226,575	903,558,548

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

109-911-02/Whitney ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	643,686,210	0.8573	750,829,593	643,686,210
B - MULTIFAMILY	8,648,790	N/A	8,648,790	8,648,790
C1 - VACANT LOTS	70,418,611	0.7030	100,168,721	70,418,611
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,997,982	1.4941	2,675,925	3,997,982
D2 - FARM & RANCH IMP	7,055,770	N/A	7,055,770	7,055,770
E - NON-AG LAND AND IMPROVEMENTS	150,730,150	1.0396	144,988,601	150,730,150
F1 - COMMERCIAL REAL	86,072,650	0.9271	92,840,740	86,072,650
F2 - INDUSTRIAL REAL	13,660,600	N/A	13,660,600	13,660,600
G - ALL MINERALS	27,085	N/A	27,085	27,085
J - ALL UTILITIES	28,580,440	N/A	28,580,440	28,580,440
L1 - COMMERCIAL PERSONAL	22,266,940	N/A	22,266,940	22,266,940
L2 - INDUSTRIAL PERSONAL	28,209,320	N/A	28,209,320	28,209,320
M1 - MOBILE HOMES	9,628,560	N/A	9,628,560	9,628,560
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	827,650	N/A	827,650	827,650
S - SPECIAL INVENTORY	275,130	N/A	275,130	275,130
Subtotal	1,074,085,888		1,210,683,865	1,074,085,888
Less Total Deductions	238,859,313		290,066,116	238,859,313
Total Taxable Value	835,226,575		920,617,749	835,226,575

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	T13
871,598,548	835,226,575	871,598,548	835,226,575	903,558,548

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
36,371,973	0	31,960,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
871,598,548	835,226,575	871,598,548	835,226,575	903,558,548

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement