taxes Property Tax Assistance

2017 ISD Summary Worksheet

109/Hill

109-904/Hillsboro ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 214,357,970 N/A 214,357,970 214,357,970
B. Multi-Family Residences 10,738,190 N/A 10,738,190 10,738,190
C1. Vacant Lots 7,988,536 N/A 7,988,536 7,988,536
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,677,089 N/A 10,677,089 10,677,089
D2. Real Prop Farm & Ranch 5,434,230 N/A 5,434,230 5,434,230
E. Real Prop NonQual Acres 73,649,420 N/A 73,649,420 73,649,420
F1. Commercial Real 166,173,662 N/A 166,173,662 166,173,662
F2. Industrial Real 38,629,960 N/A 38,629,960 38,629,960
G. Oil, Gas, Minerals 3,125,279 N/A 3,125,279 3,125,279
J. Utilities 74,248,810 N/A 74,248,810 74,248,810
L1. Commercial Personal 93,173,790 N/A 93,173,790 93,173,790
L2. Industrial Personal 39,386,430 N/A 39,386,430 39,386,430
M. Other Personal 2,335,310 N/A 2,335,310 2,335,310
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 252,010 N/A 252,010 252,010
S. Special Inventory 4,311,580 N/A 4,311,580 4,311,580
Subtotal 744,482,266 744,482,266 744,482,266
Less Total Deductions 90,192,426   90,192,426 90,192,426
Total Taxable Value 654,289,840 654,289,840 654,289,840 T2

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

T1 T2 T3 T4
671,762,682 654,289,840 671,762,682 654,289,840


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
17,472,842 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10
671,762,682 654,289,840 671,762,682 654,289,840

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified