taxes Property Tax Assistance

2024 ISD Summary Worksheet

Hillsboro ISD (all splits)   Hill County  

109-Hill/Hill County

109-904/Hillsboro ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 451,504,418 0.9318 484,550,781 451,504,418
B - MULTIFAMILY 18,198,800 N/A 18,198,800 18,198,800
C1 - VACANT LOTS 18,206,524 N/A 18,206,524 18,206,524
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,678,794 1.3697 7,796,465 10,678,794
D2 - FARM & RANCH IMP 10,153,800 N/A 10,153,800 10,153,800
E - NON-AG LAND AND IMPROVEMENTS 172,850,167 0.8756 197,407,683 172,850,167
F1 - COMMERCIAL REAL 251,476,992 0.8600 292,415,107 251,476,992
F2 - INDUSTRIAL REAL 111,643,130 N/A 111,643,130 111,643,130
G - ALL MINERALS 439,909 N/A 439,909 439,909
J - ALL UTILITIES 109,724,030 0.9662 113,562,440 109,724,030
L1 - COMMERCIAL PERSONAL 99,480,780 1.0167 97,846,739 99,480,780
L2 - INDUSTRIAL PERSONAL 203,282,920 N/A 203,282,920 203,282,920
M1 - MOBILE HOMES 5,194,300 N/A 5,194,300 5,194,300
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,005,890 N/A 2,005,890 2,005,890
S - SPECIAL INVENTORY 5,255,740 N/A 5,255,740 5,255,740
Subtotal 1,470,096,194 0 1,567,960,228 1,470,096,194
Less Total Deductions 407,107,080 0 421,670,545 407,107,080
Total Taxable Value 1,062,989,114 0 1,146,289,683 1,062,989,114

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 1,162,275,278 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,062,989,114 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,162,275,278 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,062,989,114 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,196,055,278 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,218,575,278 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,109,785,350 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 1,256,413,606 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,157,127,442 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,256,413,606 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,157,127,442 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,290,193,606 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,312,713,606 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,203,923,678 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 99,286,164 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 33,780,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 22,520,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


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109-904-02/Hillsboro ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 451,504,418 0.9318 484,550,781 451,504,418
B - MULTIFAMILY 18,198,800 N/A 18,198,800 18,198,800
C1 - VACANT LOTS 18,206,524 N/A 18,206,524 18,206,524
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,678,794 1.3697 7,796,465 10,678,794
D2 - FARM & RANCH IMP 10,153,800 N/A 10,153,800 10,153,800
E - NON-AG LAND AND IMPROVEMENTS 172,850,167 0.8756 197,407,683 172,850,167
F1 - COMMERCIAL REAL 251,476,992 0.8600 292,415,107 251,476,992
F2 - INDUSTRIAL REAL 111,643,130 N/A 111,643,130 111,643,130
G - ALL MINERALS 439,909 N/A 439,909 439,909
J - ALL UTILITIES 109,724,030 0.9662 113,562,440 109,724,030
L1 - COMMERCIAL PERSONAL 99,480,780 1.0167 97,846,739 99,480,780
L2 - INDUSTRIAL PERSONAL 203,282,920 N/A 203,282,920 203,282,920
M1 - MOBILE HOMES 5,194,300 N/A 5,194,300 5,194,300
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,005,890 N/A 2,005,890 2,005,890
S - SPECIAL INVENTORY 5,255,740 N/A 5,255,740 5,255,740
Subtotal 1,470,096,194 1,567,960,228 1,470,096,194
Less Total Deductions 407,107,080 421,670,545 407,107,080
Total Taxable Value 1,062,989,114 1,146,289,683 1,062,989,114

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 1,162,275,278 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,062,989,114 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,162,275,278 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,062,989,114 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,196,055,278 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,218,575,278 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,109,785,350 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 1,256,413,606 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,157,127,442 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,256,413,606 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,157,127,442 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,290,193,606 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,312,713,606 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,203,923,678 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 99,286,164 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 33,780,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 22,520,000 Loss to the third most recent increase in the state-mandated homestead exemption

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