taxes Property Tax Assistance

2018 ISD Summary Worksheet

212/Smith

212-909/Chapel Hill ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 772,117,234 N/A 772,117,234 772,117,234
B. Multi-Family Residences 102,016,330 N/A 102,016,330 102,016,330
C1. Vacant Lots 35,736,859 N/A 35,736,859 35,736,859
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,348,330 N/A 9,348,330 9,348,330
D2. Real Prop Farm & Ranch 1,723,849 N/A 1,723,849 1,723,849
E. Real Prop NonQual Acres 189,073,857 N/A 189,073,857 189,073,857
F1. Commercial Real 118,368,524 N/A 118,368,524 118,368,524
F2. Industrial Real 6,973,571 N/A 6,973,571 6,973,571
G. Oil, Gas, Minerals 19,724,606 N/A 19,724,606 19,724,606
J. Utilities 48,512,994 N/A 48,512,994 48,512,994
L1. Commercial Personal 70,282,708 N/A 70,282,708 70,282,708
L2. Industrial Personal 143,003,294 N/A 143,003,294 143,003,294
M. Other Personal 14,562,245 N/A 14,562,245 14,562,245
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,926,814 N/A 2,926,814 2,926,814
S. Special Inventory 3,544,041 N/A 3,544,041 3,544,041
Subtotal 1,537,915,256 1,537,915,256 1,537,915,256
Less Total Deductions 246,940,561   246,940,561 246,940,561
Total Taxable Value 1,290,974,695 1,290,974,695 1,290,974,695 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
1,331,455,167 1,290,974,695 1,331,455,167 1,290,974,695


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,480,472 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
1,331,455,167 1,290,974,695 1,331,455,167 1,290,974,695

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