taxes Property Tax Assistance

2022 ISD Summary Worksheet

225-Titus /Titus County

225-906/Chapel Hill ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	82,267,712	N/A	82,267,712	82,267,712
B - MULTIFAMILY	880,178	N/A	880,178	880,178
C1 - VACANT LOTS	1,000,391	N/A	1,000,391	1,000,391
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,202,081	N/A	3,202,081	3,202,081
D2 - FARM & RANCH IMP	6,599,387	N/A	6,599,387	6,599,387
E - NON-AG LAND AND IMPROVEMENTS	131,959,160	N/A	131,959,160	131,959,160
F1 - COMMERCIAL REAL	2,248,086	N/A	2,248,086	2,248,086
F2 - INDUSTRIAL REAL	2,528,440	N/A	2,528,440	2,528,440
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	8,991,450	N/A	8,991,450	8,991,450
L1 - COMMERCIAL PERSONAL	919,342	N/A	919,342	919,342
L2 - INDUSTRIAL PERSONAL	607,700	N/A	607,700	607,700
M1 - MOBILE HOMES	5,415,273	N/A	5,415,273	5,415,273
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	24,447	N/A	24,447	24,447
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	246,643,647	0	246,643,647	246,643,647
Less Total Deductions	56,732,780	0	56,732,780	56,732,780
Total Taxable Value	189,910,867	0	189,910,867	189,910,867

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
198,598,004	189,910,867	198,598,004	189,910,867	206,518,004

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
8,687,137	0	7,920,000

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
198,598,004	189,910,867	198,598,004	189,910,867	206,518,004

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

225-906-02/Chapel Hill ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	82,267,712	N/A	82,267,712	82,267,712
B - MULTIFAMILY	880,178	N/A	880,178	880,178
C1 - VACANT LOTS	1,000,391	N/A	1,000,391	1,000,391
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,202,081	N/A	3,202,081	3,202,081
D2 - FARM & RANCH IMP	6,599,387	N/A	6,599,387	6,599,387
E - NON-AG LAND AND IMPROVEMENTS	131,959,160	N/A	131,959,160	131,959,160
F1 - COMMERCIAL REAL	2,248,086	N/A	2,248,086	2,248,086
F2 - INDUSTRIAL REAL	2,528,440	N/A	2,528,440	2,528,440
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	8,991,450	N/A	8,991,450	8,991,450
L1 - COMMERCIAL PERSONAL	919,342	N/A	919,342	919,342
L2 - INDUSTRIAL PERSONAL	607,700	N/A	607,700	607,700
M1 - MOBILE HOMES	5,415,273	N/A	5,415,273	5,415,273
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	24,447	N/A	24,447	24,447
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	246,643,647		246,643,647	246,643,647
Less Total Deductions	56,732,780		56,732,780	56,732,780
Total Taxable Value	189,910,867		189,910,867	189,910,867

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
198,598,004	189,910,867	198,598,004	189,910,867	206,518,004

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
8,687,137	0	7,920,000

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
198,598,004	189,910,867	198,598,004	189,910,867	206,518,004

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