taxes Property Tax Assistance

2019 ISD Summary Worksheet

109-Hill

109-904/Hillsboro ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 230,824,041 N/A 230,824,041 230,824,041
B. MULTIFAMILY RESIDENCES 10,968,060 N/A 10,968,060 10,968,060
C1. VACANT LOTS 7,750,326 N/A 7,750,326 7,750,326
D1. QUALIFIED AG LAND 11,027,316 N/A 11,027,316 11,027,316
D2. REAL PROP:FARM & RANCH 5,963,009 N/A 5,963,009 5,963,009
E. REAL PROP NONQUAL ACREAGE 77,865,458 N/A 77,865,458 77,865,458
F1. COMMERCIAL REAL 176,551,882 N/A 176,551,882 176,551,882
F2. INDUSTRIAL REAL 63,414,140 N/A 63,414,140 63,414,140
G. OIL,GAS,MINERALS 2,320,512 N/A 2,320,512 2,320,512
J. UTILITIES 84,637,070 N/A 84,637,070 84,637,070
L1. COMMERCIAL PERSONAL 86,462,507 N/A 86,462,507 86,462,507
L2. INDUSTRIAL PERSONAL 138,605,790 N/A 138,605,790 138,605,790
M. MOBILE HOMES 2,519,920 N/A 2,519,920 2,519,920
O. RESIDENTIAL INVENTORY 244,330 N/A 244,330 244,330
S. SPECIAL INVENTORY 4,605,960 N/A 4,605,960 4,605,960
Subtotal 903,760,321 0 903,760,321 903,760,321
Less Total Deductions 178,583,020 0 178,583,020 178,583,020
Total Taxable Value 725,177,301 0 725,177,301 725,177,301

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
742,978,648 725,177,301 742,978,648 725,177,301


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
17,801,347 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
828,930,398 811,129,051 828,930,398 811,129,051

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

109-904-02/Hillsboro ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 230,824,041 N/A 230,824,041 230,824,041
B. MULTIFAMILY RESIDENCES 10,968,060 N/A 10,968,060 10,968,060
C1. VACANT LOTS 7,750,326 N/A 7,750,326 7,750,326
D1. QUALIFIED AG LAND 11,027,316 N/A 11,027,316 11,027,316
D2. REAL PROP:FARM & RANCH 5,963,009 N/A 5,963,009 5,963,009
E. REAL PROP NONQUAL ACREAGE 77,865,458 N/A 77,865,458 77,865,458
F1. COMMERCIAL REAL 176,551,882 N/A 176,551,882 176,551,882
F2. INDUSTRIAL REAL 63,414,140 N/A 63,414,140 63,414,140
G. OIL,GAS,MINERALS 2,320,512 N/A 2,320,512 2,320,512
J. UTILITIES 84,637,070 N/A 84,637,070 84,637,070
L1. COMMERCIAL PERSONAL 86,462,507 N/A 86,462,507 86,462,507
L2. INDUSTRIAL PERSONAL 138,605,790 N/A 138,605,790 138,605,790
M. MOBILE HOMES 2,519,920 N/A 2,519,920 2,519,920
O. RESIDENTIAL INVENTORY 244,330 N/A 244,330 244,330
S. SPECIAL INVENTORY 4,605,960 N/A 4,605,960 4,605,960
Subtotal 903,760,321 903,760,321 903,760,321
Less Total Deductions 178,583,020 178,583,020 178,583,020
Total Taxable Value 725,177,301 725,177,301 725,177,301

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
742,978,648 725,177,301 742,978,648 725,177,301


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
17,801,347 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
828,930,398 811,129,051 828,930,398 811,129,051

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