taxes Property Tax Assistance

2020 ISD Summary Worksheet

109-Hill

109-904/Hillsboro ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	247,977,750	0.9157	270,806,760	247,977,750
B - MULTIFAMILY	11,446,180	N/A	11,446,180	11,446,180
C1 - VACANT LOTS	8,174,708	N/A	8,174,708	8,174,708
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,218,873	1.5044	7,457,559	11,218,873
D2 - FARM & RANCH IMP	6,617,430	N/A	6,617,430	6,617,430
E - NON-AG LAND AND IMPROVEMENTS	86,076,850	0.9498	90,626,290	86,076,850
F1 - COMMERCIAL REAL	180,244,095	0.9656	186,665,384	180,244,095
F2 - INDUSTRIAL REAL	60,427,520	N/A	60,427,520	60,427,520
G - ALL MINERALS	969,387	N/A	969,387	969,387
J - ALL UTILITIES	89,717,110	0.8869	101,158,090	89,717,110
L1 - COMMERCIAL PERSONAL	77,649,160	1.0412	74,576,604	77,649,160
L2 - INDUSTRIAL PERSONAL	137,572,140	N/A	137,572,140	137,572,140
M1 - MOBILE HOMES	2,719,730	N/A	2,719,730	2,719,730
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	147,510	N/A	147,510	147,510
S - SPECIAL INVENTORY	4,657,650	N/A	4,657,650	4,657,650
Subtotal	925,616,093	0	964,022,942	925,616,093
Less Total Deductions	173,651,414	0	184,162,415	173,651,414
Total Taxable Value	751,964,679	0	779,860,527	751,964,679

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
769,679,920	751,964,679	769,679,920	751,964,679

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
17,715,241	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
841,270,350	823,555,109	841,270,350	823,555,109

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	247,977,750	0.9157	270,806,760	247,977,750
B - MULTIFAMILY	11,446,180	N/A	11,446,180	11,446,180
C1 - VACANT LOTS	8,174,708	N/A	8,174,708	8,174,708
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,218,873	1.5044	7,457,559	11,218,873
D2 - FARM & RANCH IMP	6,617,430	N/A	6,617,430	6,617,430
E - NON-AG LAND AND IMPROVEMENTS	86,076,850	0.9498	90,626,290	86,076,850
F1 - COMMERCIAL REAL	180,244,095	0.9656	186,665,384	180,244,095
F2 - INDUSTRIAL REAL	60,427,520	N/A	60,427,520	60,427,520
G - ALL MINERALS	969,387	N/A	969,387	969,387
J - ALL UTILITIES	89,717,110	0.8869	101,158,090	89,717,110
L1 - COMMERCIAL PERSONAL	77,649,160	1.0412	74,576,604	77,649,160
L2 - INDUSTRIAL PERSONAL	137,572,140	N/A	137,572,140	137,572,140
M1 - MOBILE HOMES	2,719,730	N/A	2,719,730	2,719,730
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	147,510	N/A	147,510	147,510
S - SPECIAL INVENTORY	4,657,650	N/A	4,657,650	4,657,650
Subtotal	925,616,093		964,022,942	925,616,093
Less Total Deductions	173,651,414		184,162,415	173,651,414
Total Taxable Value	751,964,679		779,860,527	751,964,679

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
769,679,920	751,964,679	769,679,920	751,964,679

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
17,715,241	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
841,270,350	823,555,109	841,270,350	823,555,109

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