taxes Property Tax Assistance

2024 ISD Summary Worksheet

Abbott ISD (all splits)   Hill County  

109-Hill/Hill County

109-901/Abbott ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 41,420,150 0.9298 44,547,376 41,420,150
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,233,630 N/A 1,233,630 1,233,630
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,333,451 1.2725 6,549,012 8,333,451
D2 - FARM & RANCH IMP 6,494,260 N/A 6,494,260 6,494,260
E - NON-AG LAND AND IMPROVEMENTS 97,397,000 0.9553 101,954,360 97,397,000
F1 - COMMERCIAL REAL 24,888,520 0.9605 25,912,046 24,888,520
F2 - INDUSTRIAL REAL 248,171,240 N/A 248,171,240 248,171,240
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 14,617,890 0.9535 15,330,771 14,617,890
L1 - COMMERCIAL PERSONAL 10,665,100 N/A 10,665,100 10,665,100
L2 - INDUSTRIAL PERSONAL 30,316,970 N/A 30,316,970 30,316,970
M1 - MOBILE HOMES 821,480 N/A 821,480 821,480
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 484,359,691 0 491,996,245 484,359,691
Less Total Deductions 238,586,383 0 240,815,310 238,586,383
Total Taxable Value 245,773,308 0 251,180,935 245,773,308

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 264,107,853 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 245,773,308 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 264,107,853 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 245,773,308 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 269,852,853 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 273,682,853 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 253,952,452 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 455,167,933 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 436,833,388 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 455,167,933 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 436,833,388 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 460,912,933 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 464,742,933 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 445,012,532 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 18,334,545 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 5,745,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 3,830,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


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109-901-02/Abbott ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 41,420,150 0.9298 44,547,376 41,420,150
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,233,630 N/A 1,233,630 1,233,630
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,333,451 1.2725 6,549,012 8,333,451
D2 - FARM & RANCH IMP 6,494,260 N/A 6,494,260 6,494,260
E - NON-AG LAND AND IMPROVEMENTS 97,397,000 0.9553 101,954,360 97,397,000
F1 - COMMERCIAL REAL 24,888,520 0.9605 25,912,046 24,888,520
F2 - INDUSTRIAL REAL 248,171,240 N/A 248,171,240 248,171,240
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 14,617,890 0.9535 15,330,771 14,617,890
L1 - COMMERCIAL PERSONAL 10,665,100 N/A 10,665,100 10,665,100
L2 - INDUSTRIAL PERSONAL 30,316,970 N/A 30,316,970 30,316,970
M1 - MOBILE HOMES 821,480 N/A 821,480 821,480
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 484,359,691 491,996,245 484,359,691
Less Total Deductions 238,586,383 240,815,310 238,586,383
Total Taxable Value 245,773,308 251,180,935 245,773,308

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 264,107,853 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 245,773,308 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 264,107,853 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 245,773,308 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 269,852,853 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 273,682,853 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 253,952,452 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 455,167,933 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 436,833,388 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 455,167,933 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 436,833,388 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 460,912,933 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 464,742,933 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 445,012,532 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 18,334,545 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 5,745,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 3,830,000 Loss to the third most recent increase in the state-mandated homestead exemption

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