taxes Property Tax Assistance

2021 ISD Summary Worksheet

212-Smith /Smith County

212-909/Chapel Hill ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 927,724,842 0.9596 966,782,870 927,724,842
B - MULTIFAMILY 93,775,739 0.8229 113,957,636 93,775,739
C1 - VACANT LOTS 36,251,980 N/A 36,251,980 36,251,980
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,116,488 1.0977 8,305,288 9,116,488
D2 - FARM & RANCH IMP 6,142,537 N/A 6,142,537 6,142,537
E - NON-AG LAND AND IMPROVEMENTS 237,392,731 0.9070 261,733,992 237,392,731
F1 - COMMERCIAL REAL 130,979,416 0.9271 141,278,628 130,979,416
F2 - INDUSTRIAL REAL 14,951,442 N/A 14,951,442 14,951,442
G - ALL MINERALS 34,286,074 N/A 34,286,074 34,286,074
J - ALL UTILITIES 57,503,536 N/A 57,503,536 57,503,536
L1 - COMMERCIAL PERSONAL 76,087,429 1.0484 72,574,808 76,087,429
L2 - INDUSTRIAL PERSONAL 89,954,941 N/A 89,954,941 89,954,941
M1 - MOBILE HOMES 17,447,759 N/A 17,447,759 17,447,759
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,221,699 N/A 3,221,699 3,221,699
S - SPECIAL INVENTORY 4,377,770 N/A 4,377,770 4,377,770
Subtotal 1,739,214,383 0 1,828,770,960 1,739,214,383
Less Total Deductions 267,805,529 0 285,386,552 267,805,529
Total Taxable Value 1,471,408,854 0 1,543,384,408 1,471,408,854

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
1,512,673,264 1,471,408,854 1,512,673,264 1,471,408,854


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
41,264,410 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
1,512,673,264 1,471,408,854 1,512,673,264 1,471,408,854

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

212-909-02/Chapel Hill ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 927,724,842 0.9596 966,782,870 927,724,842
B - MULTIFAMILY 93,775,739 0.8229 113,957,636 93,775,739
C1 - VACANT LOTS 36,251,980 N/A 36,251,980 36,251,980
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,116,488 1.0977 8,305,288 9,116,488
D2 - FARM & RANCH IMP 6,142,537 N/A 6,142,537 6,142,537
E - NON-AG LAND AND IMPROVEMENTS 237,392,731 0.9070 261,733,992 237,392,731
F1 - COMMERCIAL REAL 130,979,416 0.9271 141,278,628 130,979,416
F2 - INDUSTRIAL REAL 14,951,442 N/A 14,951,442 14,951,442
G - ALL MINERALS 34,286,074 N/A 34,286,074 34,286,074
J - ALL UTILITIES 57,503,536 N/A 57,503,536 57,503,536
L1 - COMMERCIAL PERSONAL 76,087,429 1.0484 72,574,808 76,087,429
L2 - INDUSTRIAL PERSONAL 89,954,941 N/A 89,954,941 89,954,941
M1 - MOBILE HOMES 17,447,759 N/A 17,447,759 17,447,759
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,221,699 N/A 3,221,699 3,221,699
S - SPECIAL INVENTORY 4,377,770 N/A 4,377,770 4,377,770
Subtotal 1,739,214,383 1,828,770,960 1,739,214,383
Less Total Deductions 267,805,529 285,386,552 267,805,529
Total Taxable Value 1,471,408,854 1,543,384,408 1,471,408,854

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
1,512,673,264 1,471,408,854 1,512,673,264 1,471,408,854


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
41,264,410 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
1,512,673,264 1,471,408,854 1,512,673,264 1,471,408,854

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