taxes Property Tax Assistance

2024 Deduction Detail

109-Hill Hill County

109-914/Penelope ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 16,994,144 16,994,144 16,994,144
Homestead - State-Mandated Over-65 or Disabled $10,000 442,940 442,940 442,940
Homestead - 100% Disabled or Unemployable Veterans 550,785 550,785 550,785
Homestead - Disabled Veterans and Surviving Spouse 73,770 73,770 73,770
Homestead - Over-65 or Disabled Freeze Loss 3,094,326 4,765,389 3,094,326
Homestead - 10% Appraisal Cap Loss 2,342,617 2,660,553 2,342,617
Freeport 0 0 0
Pollution Control 502,260 502,260 502,260
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 174,131 174,131 174,131
Deferred Taxes 0 0 0
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 0 0 0
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Medical or Biomedical 0 0 0
Loss to Non-Homestead Cap 956,114 956,114 956,114
JETI Agreements 0 0 0

109-914/Penelope ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 16,994,144 16,994,144 16,994,144
Homestead - State-Mandated Over-65 or Disabled $10,000 442,940 442,940 442,940
Homestead - 100% Disabled or Unemployable Veterans 550,785 550,785 550,785
Homestead - Disabled Veterans and Surviving Spouse 73,770 73,770 73,770
Homestead - Over-65 or Disabled Freeze Loss 3,094,326 4,765,389 3,094,326
Homestead - 10% Appraisal Cap Loss 2,342,617 2,660,553 2,342,617
Freeport 0 0 0
Pollution Control 502,260 502,260 502,260
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 174,131 174,131 174,131
Deferred Taxes 0 0 0
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 0 0 0
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Medical or Biomedical 0 0 0
Loss to Non-Homestead Cap 956,114 956,114 956,114
JETI Agreements 0 0 0
Total Deductions Allowed in PVS 25,131,087 27,120,086 25,131,087