taxes Property Tax Assistance

2022 ISD Summary Worksheet

212-Smith/Smith County

212-909/Chapel Hill ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	1,106,550,781	0.9076	1,219,205,356	1,106,550,781
B - MULTIFAMILY	127,259,529	0.8834	144,056,519	127,259,529
C1 - VACANT LOTS	37,827,365	N/A	37,827,365	37,827,365
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,823,128	1.2133	7,271,763	8,823,128
D2 - FARM & RANCH IMP	6,863,476	N/A	6,863,476	6,863,476
E - NON-AG LAND AND IMPROVEMENTS	294,597,392	0.9140	322,316,621	294,597,392
F1 - COMMERCIAL REAL	137,087,355	0.8609	159,237,258	137,087,355
F2 - INDUSTRIAL REAL	14,796,642	N/A	14,796,642	14,796,642
G - ALL MINERALS	57,937,397	N/A	57,937,397	57,937,397
J - ALL UTILITIES	64,106,141	N/A	64,106,141	64,106,141
L1 - COMMERCIAL PERSONAL	89,612,161	N/A	89,612,161	89,612,161
L2 - INDUSTRIAL PERSONAL	108,894,379	N/A	108,894,379	108,894,379
M1 - MOBILE HOMES	28,955,326	N/A	28,955,326	28,955,326
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	446,340	N/A	446,340	446,340
S - SPECIAL INVENTORY	7,659,931	N/A	7,659,931	7,659,931
Subtotal	2,091,417,343	0	2,269,186,675	2,091,417,343
Less Total Deductions	410,724,055	0	465,838,709	410,724,055
Total Taxable Value	1,680,693,288	0	1,803,347,966	1,680,693,288

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
1,739,025,721	1,680,693,288	1,739,025,721	1,680,693,288	1,786,895,721

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
58,332,433	0	47,870,000

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
1,739,025,721	1,680,693,288	1,739,025,721	1,680,693,288	1,786,895,721

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 TWO OF THE GRACE PERIOD

212-909-02/Chapel Hill ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	1,106,550,781	0.9076	1,219,205,356	1,106,550,781
B - MULTIFAMILY	127,259,529	0.8834	144,056,519	127,259,529
C1 - VACANT LOTS	37,827,365	N/A	37,827,365	37,827,365
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,823,128	1.2133	7,271,763	8,823,128
D2 - FARM & RANCH IMP	6,863,476	N/A	6,863,476	6,863,476
E - NON-AG LAND AND IMPROVEMENTS	294,597,392	0.9140	322,316,621	294,597,392
F1 - COMMERCIAL REAL	137,087,355	0.8609	159,237,258	137,087,355
F2 - INDUSTRIAL REAL	14,796,642	N/A	14,796,642	14,796,642
G - ALL MINERALS	57,937,397	N/A	57,937,397	57,937,397
J - ALL UTILITIES	64,106,141	N/A	64,106,141	64,106,141
L1 - COMMERCIAL PERSONAL	89,612,161	N/A	89,612,161	89,612,161
L2 - INDUSTRIAL PERSONAL	108,894,379	N/A	108,894,379	108,894,379
M1 - MOBILE HOMES	28,955,326	N/A	28,955,326	28,955,326
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	446,340	N/A	446,340	446,340
S - SPECIAL INVENTORY	7,659,931	N/A	7,659,931	7,659,931
Subtotal	2,091,417,343		2,269,186,675	2,091,417,343
Less Total Deductions	410,724,055		465,838,709	410,724,055
Total Taxable Value	1,680,693,288		1,803,347,966	1,680,693,288

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
1,739,025,721	1,680,693,288	1,739,025,721	1,680,693,288	1,786,895,721

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
58,332,433	0	47,870,000

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
1,739,025,721	1,680,693,288	1,739,025,721	1,680,693,288	1,786,895,721

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