taxes Property Tax Assistance

2019 ISD Summary Worksheet

225-Titus

225-906/Chapel Hill ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 56,413,775 1.0073 56,004,939 56,413,775
B. MULTIFAMILY RESIDENCES 980,779 N/A 980,779 980,779
C1. VACANT LOTS 844,352 N/A 844,352 844,352
D1. QUALIFIED AG LAND 3,379,219 0.9488 3,561,462 3,379,219
D2. REAL PROP:FARM & RANCH 5,451,024 N/A 5,451,024 5,451,024
E. REAL PROP NONQUAL ACREAGE 85,068,592 1.0406 81,749,560 85,068,592
F1. COMMERCIAL REAL 1,876,262 N/A 1,876,262 1,876,262
F2. INDUSTRIAL REAL 2,368,350 N/A 2,368,350 2,368,350
J. UTILITIES 7,382,224 N/A 7,382,224 7,382,224
L1. COMMERCIAL PERSONAL 1,022,619 N/A 1,022,619 1,022,619
L2. INDUSTRIAL PERSONAL 694,840 N/A 694,840 694,840
M. MOBILE HOMES 3,726,976 N/A 3,726,976 3,726,976
O. RESIDENTIAL INVENTORY 69,454 N/A 69,454 69,454
Subtotal 169,278,466 0 165,732,841 169,278,466
Less Total Deductions 29,983,942 0 29,700,177 29,983,942
Total Taxable Value 139,294,524 0 136,032,664 139,294,524

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
145,040,789 139,294,524 145,040,789 139,294,524


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,746,265 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
145,040,789 139,294,524 145,040,789 139,294,524

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

225-906-02/Chapel Hill ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 56,413,775 1.0073 56,004,939 56,413,775
B. MULTIFAMILY RESIDENCES 980,779 N/A 980,779 980,779
C1. VACANT LOTS 844,352 N/A 844,352 844,352
D1. QUALIFIED AG LAND 3,379,219 0.9488 3,561,462 3,379,219
D2. REAL PROP:FARM & RANCH 5,451,024 N/A 5,451,024 5,451,024
E. REAL PROP NONQUAL ACREAGE 85,068,592 1.0406 81,749,560 85,068,592
F1. COMMERCIAL REAL 1,876,262 N/A 1,876,262 1,876,262
F2. INDUSTRIAL REAL 2,368,350 N/A 2,368,350 2,368,350
J. UTILITIES 7,382,224 N/A 7,382,224 7,382,224
L1. COMMERCIAL PERSONAL 1,022,619 N/A 1,022,619 1,022,619
L2. INDUSTRIAL PERSONAL 694,840 N/A 694,840 694,840
M. MOBILE HOMES 3,726,976 N/A 3,726,976 3,726,976
O. RESIDENTIAL INVENTORY 69,454 N/A 69,454 69,454
Subtotal 169,278,466 165,732,841 169,278,466
Less Total Deductions 29,983,942 29,700,177 29,983,942
Total Taxable Value 139,294,524 136,032,664 139,294,524

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
145,040,789 139,294,524 145,040,789 139,294,524


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,746,265 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
145,040,789 139,294,524 145,040,789 139,294,524

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