taxes Property Tax Assistance

2016 ISD Summary Worksheet

109/Hill

109-904/Hillsboro ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 200,783,999 1.0097 198,855,104 200,783,999
B. Multi-Family Residences 11,324,430 N/A 11,324,430 11,324,430
C1. Vacant Lots 7,881,862 N/A 7,881,862 7,881,862
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,712,469 .7126 13,630,372 9,712,469
D2. Real Prop Farm & Ranch 5,069,629 N/A 5,069,629 5,069,629
E. Real Prop NonQual Acres 65,981,982 1.0515 62,750,340 65,981,982
F1. Commercial Real 162,967,800 .9571 170,272,490 162,967,800
F2. Industrial Real 16,905,190 N/A 16,905,190 16,905,190
G. Oil, Gas, Minerals 4,603,557 N/A 4,603,557 4,603,557
J. Utilities 56,250,980 .8872 63,402,818 56,250,980
L1. Commercial Personal 113,398,280 1.0503 107,967,514 113,398,280
L2. Industrial Personal 22,113,100 N/A 22,113,100 22,113,100
M. Other Personal 2,109,040 N/A 2,109,040 2,109,040
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 252,010 N/A 252,010 252,010
S. Special Inventory 4,983,310 N/A 4,983,310 4,983,310
Subtotal 684,337,638 692,120,766 684,337,638
Less Total Deductions 84,566,026   83,688,700 84,566,026
Total Taxable Value 599,771,612 608,432,066 599,771,612 T2

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
617,263,799 599,771,612 617,263,799 599,771,612


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
17,492,187 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
617,263,799 599,771,612 617,263,799 599,771,612

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 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

The PVS found your local value to be valid, and local value was certified