taxes Property Tax Assistance

2021 ISD Summary Worksheet

109-Hill /Hill County

109-901/Abbott ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	31,334,380	N/A	31,334,380	31,334,380
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	713,540	N/A	713,540	713,540
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,496,999	N/A	9,496,999	9,496,999
D2 - FARM & RANCH IMP	3,994,380	N/A	3,994,380	3,994,380
E - NON-AG LAND AND IMPROVEMENTS	40,227,220	N/A	40,227,220	40,227,220
F1 - COMMERCIAL REAL	4,415,480	N/A	4,415,480	4,415,480
F2 - INDUSTRIAL REAL	1,623,300	N/A	1,623,300	1,623,300
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	9,121,660	N/A	9,121,660	9,121,660
L1 - COMMERCIAL PERSONAL	2,220,580	N/A	2,220,580	2,220,580
L2 - INDUSTRIAL PERSONAL	28,765,910	N/A	28,765,910	28,765,910
M1 - MOBILE HOMES	557,350	N/A	557,350	557,350
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	7,450	N/A	7,450	7,450
Subtotal	132,478,249	0	132,478,249	132,478,249
Less Total Deductions	16,634,648	0	16,634,648	16,634,648
Total Taxable Value	115,843,601	0	115,843,601	115,843,601

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
118,843,033	115,843,601	118,843,033	115,843,601

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,999,432	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
118,843,033	115,843,601	118,843,033	115,843,601

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	31,334,380	N/A	31,334,380	31,334,380
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	713,540	N/A	713,540	713,540
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,496,999	N/A	9,496,999	9,496,999
D2 - FARM & RANCH IMP	3,994,380	N/A	3,994,380	3,994,380
E - NON-AG LAND AND IMPROVEMENTS	40,227,220	N/A	40,227,220	40,227,220
F1 - COMMERCIAL REAL	4,415,480	N/A	4,415,480	4,415,480
F2 - INDUSTRIAL REAL	1,623,300	N/A	1,623,300	1,623,300
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	9,121,660	N/A	9,121,660	9,121,660
L1 - COMMERCIAL PERSONAL	2,220,580	N/A	2,220,580	2,220,580
L2 - INDUSTRIAL PERSONAL	28,765,910	N/A	28,765,910	28,765,910
M1 - MOBILE HOMES	557,350	N/A	557,350	557,350
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	7,450	N/A	7,450	7,450
Subtotal	132,478,249		132,478,249	132,478,249
Less Total Deductions	16,634,648		16,634,648	16,634,648
Total Taxable Value	115,843,601		115,843,601	115,843,601

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
118,843,033	115,843,601	118,843,033	115,843,601

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,999,432	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
118,843,033	115,843,601	118,843,033	115,843,601

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