taxes Property Tax Assistance

2023 ISD Summary Worksheet

109-Hill/Hill County

109-901/Abbott ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 38,952,850 N/A 38,952,850 38,952,850
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,015,720 N/A 1,015,720 1,015,720
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,433,389 N/A 8,433,389 8,433,389
D2 - FARM & RANCH IMP 4,964,800 N/A 4,964,800 4,964,800
E - NON-AG LAND AND IMPROVEMENTS 74,865,770 N/A 74,865,770 74,865,770
F1 - COMMERCIAL REAL 19,851,380 N/A 19,851,380 19,851,380
F2 - INDUSTRIAL REAL 269,134,530 N/A 269,134,530 269,134,530
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 13,264,560 N/A 13,264,560 13,264,560
L1 - COMMERCIAL PERSONAL 6,891,510 N/A 6,891,510 6,891,510
L2 - INDUSTRIAL PERSONAL 33,394,010 N/A 33,394,010 33,394,010
M1 - MOBILE HOMES 741,340 N/A 741,340 741,340
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 471,509,859 0 471,509,859 471,509,859
Less Total Deductions 275,879,337 0 275,879,337 275,879,337
Total Taxable Value 195,630,522 0 195,630,522 195,630,522

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

Measure Value Description
T1 213,566,231 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 195,630,522 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 213,566,231 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 195,630,522 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 219,326,231 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 223,166,231 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 199,093,130 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 444,066,831 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 426,131,122 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 444,066,831 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 426,131,122 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 449,826,831 T13 plus the loss to the chapter 313 agreement
T16 453,666,831 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 429,593,730 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 17,935,709 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 5,760,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,840,000 Loss to Second Previous Homestead Increase

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

109-901-02/Abbott ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 38,952,850 N/A 38,952,850 38,952,850
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,015,720 N/A 1,015,720 1,015,720
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,433,389 N/A 8,433,389 8,433,389
D2 - FARM & RANCH IMP 4,964,800 N/A 4,964,800 4,964,800
E - NON-AG LAND AND IMPROVEMENTS 74,865,770 N/A 74,865,770 74,865,770
F1 - COMMERCIAL REAL 19,851,380 N/A 19,851,380 19,851,380
F2 - INDUSTRIAL REAL 269,134,530 N/A 269,134,530 269,134,530
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 13,264,560 N/A 13,264,560 13,264,560
L1 - COMMERCIAL PERSONAL 6,891,510 N/A 6,891,510 6,891,510
L2 - INDUSTRIAL PERSONAL 33,394,010 N/A 33,394,010 33,394,010
M1 - MOBILE HOMES 741,340 N/A 741,340 741,340
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 471,509,859 471,509,859 471,509,859
Less Total Deductions 275,879,337 275,879,337 275,879,337
Total Taxable Value 195,630,522 195,630,522 195,630,522

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

Measure Value Description
T1 213,566,231 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 195,630,522 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 213,566,231 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 195,630,522 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 219,326,231 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 223,166,231 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 199,093,130 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 444,066,831 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 426,131,122 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 444,066,831 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 426,131,122 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 449,826,831 T13 plus the loss to the chapter 313 agreement
T16 453,666,831 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 429,593,730 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 17,935,709 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 5,760,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,840,000 Loss to Second Previous Homestead Increase