taxes Property Tax Assistance

2022 ISD Summary Worksheet

109-Hill/Hill County

109-901/Abbott ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	37,564,900	0.9818	38,261,255	37,564,900
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	929,510	N/A	929,510	929,510
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,350,639	1.3049	6,399,256	8,350,639
D2 - FARM & RANCH IMP	4,472,200	N/A	4,472,200	4,472,200
E - NON-AG LAND AND IMPROVEMENTS	64,204,410	0.9163	70,069,202	64,204,410
F1 - COMMERCIAL REAL	7,837,220	N/A	7,837,220	7,837,220
F2 - INDUSTRIAL REAL	24,044,990	N/A	24,044,990	24,044,990
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	11,301,500	0.9068	12,463,057	11,301,500
L1 - COMMERCIAL PERSONAL	11,394,070	N/A	11,394,070	11,394,070
L2 - INDUSTRIAL PERSONAL	37,862,830	N/A	37,862,830	37,862,830
M1 - MOBILE HOMES	643,670	N/A	643,670	643,670
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	208,605,939	0	214,377,260	208,605,939
Less Total Deductions	28,540,785	0	29,022,942	28,540,785
Total Taxable Value	180,065,154	0	185,354,318	180,065,154

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	T13
184,629,122	180,065,154	184,629,122	180,065,154	188,339,122

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
4,563,968	0	3,710,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
186,953,122	182,389,154	186,953,122	182,389,154	190,663,122

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

109-901-02/Abbott ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	37,564,900	0.9818	38,261,255	37,564,900
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	929,510	N/A	929,510	929,510
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,350,639	1.3049	6,399,256	8,350,639
D2 - FARM & RANCH IMP	4,472,200	N/A	4,472,200	4,472,200
E - NON-AG LAND AND IMPROVEMENTS	64,204,410	0.9163	70,069,202	64,204,410
F1 - COMMERCIAL REAL	7,837,220	N/A	7,837,220	7,837,220
F2 - INDUSTRIAL REAL	24,044,990	N/A	24,044,990	24,044,990
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	11,301,500	0.9068	12,463,057	11,301,500
L1 - COMMERCIAL PERSONAL	11,394,070	N/A	11,394,070	11,394,070
L2 - INDUSTRIAL PERSONAL	37,862,830	N/A	37,862,830	37,862,830
M1 - MOBILE HOMES	643,670	N/A	643,670	643,670
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	208,605,939		214,377,260	208,605,939
Less Total Deductions	28,540,785		29,022,942	28,540,785
Total Taxable Value	180,065,154		185,354,318	180,065,154

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	T13
184,629,122	180,065,154	184,629,122	180,065,154	188,339,122

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
4,563,968	0	3,710,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
186,953,122	182,389,154	186,953,122	182,389,154	190,663,122

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement