taxes Property Tax Assistance

2025 ISD Summary Worksheet

Itasca ISD (all splits)   Hill County  

109-Hill/Hill County

109-907/Itasca ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 155,745,080 N/A 155,745,080 155,745,080
B - MULTIFAMILY 1,871,920 N/A 1,871,920 1,871,920
C1 - VACANT LOTS 24,427,940 N/A 24,427,940 24,427,940
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,796,281 N/A 11,796,281 11,796,281
D2 - FARM & RANCH IMP 16,928,710 N/A 16,928,710 16,928,710
E - NON-AG LAND AND IMPROVEMENTS 235,099,971 N/A 235,099,971 235,099,971
F1 - COMMERCIAL REAL 40,578,748 N/A 40,578,748 40,578,748
F2 - INDUSTRIAL REAL 229,287,720 N/A 229,287,720 229,287,720
G - ALL MINERALS 581,969 N/A 581,969 581,969
J - ALL UTILITIES 54,500,850 N/A 54,500,850 54,500,850
L1 - COMMERCIAL PERSONAL 28,026,040 N/A 28,026,040 28,026,040
L2 - INDUSTRIAL PERSONAL 17,933,940 N/A 17,933,940 17,933,940
M1 - MOBILE HOMES 3,983,610 N/A 3,983,610 3,983,610
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 3,010 N/A 3,010 3,010
Subtotal 820,765,789 0 820,765,789 820,765,789
Less Total Deductions 319,703,295 0 319,703,295 319,703,295
Total Taxable Value 501,062,494 0 501,062,494 501,062,494

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 527,640,473 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 501,062,494 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 527,640,473 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 501,062,494 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 579,203,289 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 593,952,490 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 509,264,389 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
T19 604,007,886 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 510,946,887 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 682,164,333 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 655,586,354 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 682,164,333 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 655,586,354 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 733,727,149 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 748,476,350 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 663,788,249 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
T20 758,531,746 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 665,470,747 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 26,577,979 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 51,562,816 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 14,749,201 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 10,055,396 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 9,884,393 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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109-907-02/Itasca ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 155,745,080 N/A 155,745,080 155,745,080
B - MULTIFAMILY 1,871,920 N/A 1,871,920 1,871,920
C1 - VACANT LOTS 24,427,940 N/A 24,427,940 24,427,940
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,796,281 N/A 11,796,281 11,796,281
D2 - FARM & RANCH IMP 16,928,710 N/A 16,928,710 16,928,710
E - NON-AG LAND AND IMPROVEMENTS 235,099,971 N/A 235,099,971 235,099,971
F1 - COMMERCIAL REAL 40,578,748 N/A 40,578,748 40,578,748
F2 - INDUSTRIAL REAL 229,287,720 N/A 229,287,720 229,287,720
G - ALL MINERALS 581,969 N/A 581,969 581,969
J - ALL UTILITIES 54,500,850 N/A 54,500,850 54,500,850
L1 - COMMERCIAL PERSONAL 28,026,040 N/A 28,026,040 28,026,040
L2 - INDUSTRIAL PERSONAL 17,933,940 N/A 17,933,940 17,933,940
M1 - MOBILE HOMES 3,983,610 N/A 3,983,610 3,983,610
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 3,010 N/A 3,010 3,010
Subtotal 820,765,789 820,765,789 820,765,789
Less Total Deductions 319,703,295 319,703,295 319,703,295
Total Taxable Value 501,062,494 501,062,494 501,062,494

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 527,640,473 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 501,062,494 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 527,640,473 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 501,062,494 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 579,203,289 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 593,952,490 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 509,264,389 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
T19 604,007,886 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 510,946,887 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 682,164,333 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 655,586,354 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 682,164,333 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 655,586,354 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 733,727,149 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 748,476,350 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 663,788,249 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
T20 758,531,746 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 665,470,747 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 26,577,979 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 51,562,816 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 14,749,201 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 10,055,396 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 9,884,393 Loss to the increase in the Over-65/Disabled Homestead

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