taxes Property Tax Assistance

2020 ISD Summary Worksheet

109-Hill /Hill County

109-901/Abbott ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	29,157,420	1.0224	28,518,603	29,157,420
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	590,750	N/A	590,750	590,750
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,566,829	1.4800	6,463,874	9,566,829
D2 - FARM & RANCH IMP	3,908,760	N/A	3,908,760	3,908,760
E - NON-AG LAND AND IMPROVEMENTS	33,689,438	0.9977	33,767,102	33,689,438
F1 - COMMERCIAL REAL	3,595,960	N/A	3,595,960	3,595,960
F2 - INDUSTRIAL REAL	1,574,710	N/A	1,574,710	1,574,710
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	8,171,060	0.9219	8,863,282	8,171,060
L1 - COMMERCIAL PERSONAL	1,820,370	N/A	1,820,370	1,820,370
L2 - INDUSTRIAL PERSONAL	27,487,690	N/A	27,487,690	27,487,690
M1 - MOBILE HOMES	528,620	N/A	528,620	528,620
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	5,430	N/A	5,430	5,430
Subtotal	120,097,037	0	117,125,151	120,097,037
Less Total Deductions	14,806,105	0	14,432,361	14,806,105
Total Taxable Value	105,290,932	0	102,692,790	105,290,932

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
108,178,018	105,290,932	108,178,018	105,290,932

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,887,086	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
108,178,018	105,290,932	108,178,018	105,290,932

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

109-901-02/Abbott ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	29,157,420	1.0224	28,518,603	29,157,420
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	590,750	N/A	590,750	590,750
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,566,829	1.4800	6,463,874	9,566,829
D2 - FARM & RANCH IMP	3,908,760	N/A	3,908,760	3,908,760
E - NON-AG LAND AND IMPROVEMENTS	33,689,438	0.9977	33,767,102	33,689,438
F1 - COMMERCIAL REAL	3,595,960	N/A	3,595,960	3,595,960
F2 - INDUSTRIAL REAL	1,574,710	N/A	1,574,710	1,574,710
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	8,171,060	0.9219	8,863,282	8,171,060
L1 - COMMERCIAL PERSONAL	1,820,370	N/A	1,820,370	1,820,370
L2 - INDUSTRIAL PERSONAL	27,487,690	N/A	27,487,690	27,487,690
M1 - MOBILE HOMES	528,620	N/A	528,620	528,620
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	5,430	N/A	5,430	5,430
Subtotal	120,097,037		117,125,151	120,097,037
Less Total Deductions	14,806,105		14,432,361	14,806,105
Total Taxable Value	105,290,932		102,692,790	105,290,932

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
108,178,018	105,290,932	108,178,018	105,290,932

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,887,086	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
108,178,018	105,290,932	108,178,018	105,290,932

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