taxes Property Tax Assistance

2023 ISD Summary Worksheet

Chapel Hill ISD (all splits)   Titus County  

225-Titus/Titus County

225-906/Chapel Hill ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 102,039,313 1.0049 101,541,758 102,039,313
B - MULTIFAMILY 897,581 N/A 897,581 897,581
C1 - VACANT LOTS 2,155,996 N/A 2,155,996 2,155,996
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,952,087 0.9696 3,044,564 2,952,087
D2 - FARM & RANCH IMP 7,257,571 N/A 7,257,571 7,257,571
E - NON-AG LAND AND IMPROVEMENTS 178,479,939 0.8804 202,725,964 178,479,939
F1 - COMMERCIAL REAL 3,374,345 N/A 3,374,345 3,374,345
F2 - INDUSTRIAL REAL 3,920,751 N/A 3,920,751 3,920,751
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 9,653,306 N/A 9,653,306 9,653,306
L1 - COMMERCIAL PERSONAL 1,044,648 N/A 1,044,648 1,044,648
L2 - INDUSTRIAL PERSONAL 536,380 N/A 536,380 536,380
M1 - MOBILE HOMES 9,077,185 N/A 9,077,185 9,077,185
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 48,892 N/A 48,892 48,892
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 321,437,994 0 345,278,941 321,437,994
Less Total Deductions 126,897,471 0 126,425,962 126,897,471
Total Taxable Value 194,540,523 0 218,852,979 194,540,523

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

Measure Value Description
T1 229,721,368 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 194,540,523 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 229,721,368 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 194,540,523 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 241,916,368 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 250,046,368 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 213,017,738 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 229,721,368 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 194,540,523 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 229,721,368 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 194,540,523 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 241,916,368 T13 plus the loss to the chapter 313 agreement
T16 250,046,368 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 213,017,738 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 35,180,845 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 12,195,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 8,130,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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225-906-02/Chapel Hill ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 102,039,313 1.0049 101,541,758 102,039,313
B - MULTIFAMILY 897,581 N/A 897,581 897,581
C1 - VACANT LOTS 2,155,996 N/A 2,155,996 2,155,996
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,952,087 0.9696 3,044,564 2,952,087
D2 - FARM & RANCH IMP 7,257,571 N/A 7,257,571 7,257,571
E - NON-AG LAND AND IMPROVEMENTS 178,479,939 0.8804 202,725,964 178,479,939
F1 - COMMERCIAL REAL 3,374,345 N/A 3,374,345 3,374,345
F2 - INDUSTRIAL REAL 3,920,751 N/A 3,920,751 3,920,751
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 9,653,306 N/A 9,653,306 9,653,306
L1 - COMMERCIAL PERSONAL 1,044,648 N/A 1,044,648 1,044,648
L2 - INDUSTRIAL PERSONAL 536,380 N/A 536,380 536,380
M1 - MOBILE HOMES 9,077,185 N/A 9,077,185 9,077,185
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 48,892 N/A 48,892 48,892
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 321,437,994 345,278,941 321,437,994
Less Total Deductions 126,897,471 126,425,962 126,897,471
Total Taxable Value 194,540,523 218,852,979 194,540,523

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

Measure Value Description
T1 229,721,368 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 194,540,523 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 229,721,368 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 194,540,523 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 241,916,368 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 250,046,368 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 213,017,738 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 229,721,368 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 194,540,523 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 229,721,368 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 194,540,523 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 241,916,368 T13 plus the loss to the chapter 313 agreement
T16 250,046,368 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 213,017,738 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 35,180,845 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 12,195,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 8,130,000 Loss to Second Previous Homestead Increase

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