taxes Property Tax Assistance

2023 ISD Summary Worksheet

109-Hill/Hill County

109-913/Blum ISD

Category	Local Tax Roll Value	2023 WTD Mean Ratio	2023 PTAD Value Estimate	2023 Value Assigned
A - SINGLE-FAMILY	32,049,132	N/A	32,049,132	32,049,132
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,487,080	N/A	1,487,080	1,487,080
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,900,340	N/A	4,900,340	4,900,340
D2 - FARM & RANCH IMP	6,864,730	N/A	6,864,730	6,864,730
E - NON-AG LAND AND IMPROVEMENTS	127,627,150	N/A	127,627,150	127,627,150
F1 - COMMERCIAL REAL	8,153,910	N/A	8,153,910	8,153,910
F2 - INDUSTRIAL REAL	21,913,210	N/A	21,913,210	21,913,210
G - ALL MINERALS	6,626,618	N/A	6,626,618	6,626,618
J - ALL UTILITIES	59,761,700	N/A	59,761,700	59,761,700
L1 - COMMERCIAL PERSONAL	3,067,340	N/A	3,067,340	3,067,340
L2 - INDUSTRIAL PERSONAL	41,296,410	N/A	41,296,410	41,296,410
M1 - MOBILE HOMES	2,760,960	N/A	2,760,960	2,760,960
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	81,500	N/A	81,500	81,500
Subtotal	316,590,080	0	316,590,080	316,590,080
Less Total Deductions	57,908,000	0	57,908,000	57,908,000
Total Taxable Value	258,682,080	0	258,682,080	258,682,080

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	279,046,709	School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2	258,682,080	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	279,046,709	T1 minus 50% of the loss to the local optional percentage homestead exemption
T4	258,682,080	T2 minus 50% of the loss to the local optional percentage homestead exemption
T13	287,326,709	T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15	292,846,709	T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17	262,500,555	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	279,046,709	School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8	258,682,080	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	279,046,709	T7 minus 50% of the loss to the local optional percentage homestead exemption
T10	258,682,080	T8 minus 50% of the loss to the local optional percentage homestead exemption
T14	287,326,709	T13 plus the loss to the chapter 313 agreement
T16	292,846,709	T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18	262,500,555	T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure	Value	Description
LOSS_INCR_HMSTD	20,364,629	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	8,280,000	Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD	5,520,000	Loss to Second Previous Homestead Increase

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

109-913-02/Blum ISD

Category	Local Tax Roll Value	2023 WTD Mean Ratio	2023 PTAD Value Estimate	2023 Value Assigned
A - SINGLE-FAMILY	32,049,132	N/A	32,049,132	32,049,132
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,487,080	N/A	1,487,080	1,487,080
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,900,340	N/A	4,900,340	4,900,340
D2 - FARM & RANCH IMP	6,864,730	N/A	6,864,730	6,864,730
E - NON-AG LAND AND IMPROVEMENTS	127,627,150	N/A	127,627,150	127,627,150
F1 - COMMERCIAL REAL	8,153,910	N/A	8,153,910	8,153,910
F2 - INDUSTRIAL REAL	21,913,210	N/A	21,913,210	21,913,210
G - ALL MINERALS	6,626,618	N/A	6,626,618	6,626,618
J - ALL UTILITIES	59,761,700	N/A	59,761,700	59,761,700
L1 - COMMERCIAL PERSONAL	3,067,340	N/A	3,067,340	3,067,340
L2 - INDUSTRIAL PERSONAL	41,296,410	N/A	41,296,410	41,296,410
M1 - MOBILE HOMES	2,760,960	N/A	2,760,960	2,760,960
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	81,500	N/A	81,500	81,500
Subtotal	316,590,080		316,590,080	316,590,080
Less Total Deductions	57,908,000		57,908,000	57,908,000
Total Taxable Value	258,682,080		258,682,080	258,682,080

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	279,046,709	School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2	258,682,080	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	279,046,709	T1 minus 50% of the loss to the local optional percentage homestead exemption
T4	258,682,080	T2 minus 50% of the loss to the local optional percentage homestead exemption
T13	287,326,709	T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15	292,846,709	T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17	262,500,555	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	279,046,709	School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8	258,682,080	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	279,046,709	T7 minus 50% of the loss to the local optional percentage homestead exemption
T10	258,682,080	T8 minus 50% of the loss to the local optional percentage homestead exemption
T14	287,326,709	T13 plus the loss to the chapter 313 agreement
T16	292,846,709	T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18	262,500,555	T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure	Value	Description
LOSS_INCR_HMSTD	20,364,629	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	8,280,000	Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD	5,520,000	Loss to Second Previous Homestead Increase