taxes Property Tax Assistance

2023 ISD Summary Worksheet

212-Smith/Smith County

212-909/Chapel Hill ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,383,307,990 0.9822 1,408,377,102 1,383,307,990
B - MULTIFAMILY 145,474,259 0.9055 160,656,277 145,474,259
C1 - VACANT LOTS 42,644,446 N/A 42,644,446 42,644,446
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,517,876 1.2142 7,015,362 8,517,876
D2 - FARM & RANCH IMP 7,915,357 N/A 7,915,357 7,915,357
E - NON-AG LAND AND IMPROVEMENTS 356,652,205 0.9108 391,581,253 356,652,205
F1 - COMMERCIAL REAL 150,249,880 0.8412 178,613,742 150,249,880
F2 - INDUSTRIAL REAL 14,942,250 N/A 14,942,250 14,942,250
G - ALL MINERALS 68,309,435 N/A 68,309,435 68,309,435
J - ALL UTILITIES 62,207,678 N/A 62,207,678 62,207,678
L1 - COMMERCIAL PERSONAL 80,584,701 N/A 80,584,701 80,584,701
L2 - INDUSTRIAL PERSONAL 162,784,641 N/A 162,784,641 162,784,641
M1 - MOBILE HOMES 37,533,750 N/A 37,533,750 37,533,750
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 829,900 N/A 829,900 829,900
S - SPECIAL INVENTORY 7,808,657 N/A 7,808,657 7,808,657
Subtotal 2,529,763,025 0 2,631,804,551 2,529,763,025
Less Total Deductions 922,227,716 0 935,592,848 922,227,716
Total Taxable Value 1,607,535,309 0 1,696,211,703 1,607,535,309

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 1,829,770,142 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,607,535,309 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 1,829,770,142 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,607,535,309 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,902,910,142 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,951,670,142 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,734,506,714 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 1,829,770,142 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,607,535,309 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 1,829,770,142 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,607,535,309 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,902,910,142 T13 plus the loss to the chapter 313 agreement
T16 1,951,670,142 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,734,506,714 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 222,234,833 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 73,140,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 48,760,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

212-909-02/Chapel Hill ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,383,307,990 0.9822 1,408,377,102 1,383,307,990
B - MULTIFAMILY 145,474,259 0.9055 160,656,277 145,474,259
C1 - VACANT LOTS 42,644,446 N/A 42,644,446 42,644,446
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,517,876 1.2142 7,015,362 8,517,876
D2 - FARM & RANCH IMP 7,915,357 N/A 7,915,357 7,915,357
E - NON-AG LAND AND IMPROVEMENTS 356,652,205 0.9108 391,581,253 356,652,205
F1 - COMMERCIAL REAL 150,249,880 0.8412 178,613,742 150,249,880
F2 - INDUSTRIAL REAL 14,942,250 N/A 14,942,250 14,942,250
G - ALL MINERALS 68,309,435 N/A 68,309,435 68,309,435
J - ALL UTILITIES 62,207,678 N/A 62,207,678 62,207,678
L1 - COMMERCIAL PERSONAL 80,584,701 N/A 80,584,701 80,584,701
L2 - INDUSTRIAL PERSONAL 162,784,641 N/A 162,784,641 162,784,641
M1 - MOBILE HOMES 37,533,750 N/A 37,533,750 37,533,750
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 829,900 N/A 829,900 829,900
S - SPECIAL INVENTORY 7,808,657 N/A 7,808,657 7,808,657
Subtotal 2,529,763,025 2,631,804,551 2,529,763,025
Less Total Deductions 922,227,716 935,592,848 922,227,716
Total Taxable Value 1,607,535,309 1,696,211,703 1,607,535,309

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 1,829,770,142 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,607,535,309 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 1,829,770,142 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,607,535,309 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,902,910,142 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,951,670,142 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,734,506,714 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 1,829,770,142 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,607,535,309 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 1,829,770,142 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,607,535,309 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,902,910,142 T13 plus the loss to the chapter 313 agreement
T16 1,951,670,142 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,734,506,714 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 222,234,833 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 73,140,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 48,760,000 Loss to Second Previous Homestead Increase