taxes Property Tax Assistance

2023 ISD Summary Worksheet

116-Hunt/Hunt County

116-906/Lone Oak ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 222,658,331 0.9913 224,612,459 222,658,331
B - MULTIFAMILY 1,294,800 N/A 1,294,800 1,294,800
C1 - VACANT LOTS 22,996,461 N/A 22,996,461 22,996,461
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,695,260 0.8238 4,485,402 3,695,260
D2 - FARM & RANCH IMP 20,558,392 N/A 20,558,392 20,558,392
E - NON-AG LAND AND IMPROVEMENTS 371,252,686 0.9486 391,369,055 371,252,686
F1 - COMMERCIAL REAL 19,313,149 N/A 19,313,149 19,313,149
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 129,820 N/A 129,820 129,820
J - ALL UTILITIES 10,629,090 N/A 10,629,090 10,629,090
L1 - COMMERCIAL PERSONAL 6,947,025 N/A 6,947,025 6,947,025
L2 - INDUSTRIAL PERSONAL 123,953,130 N/A 123,953,130 123,953,130
M1 - MOBILE HOMES 8,127,963 N/A 8,127,963 8,127,963
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 131,700 N/A 131,700 131,700
S - SPECIAL INVENTORY 38,580 N/A 38,580 38,580
Subtotal 811,726,387 0 834,587,026 811,726,387
Less Total Deductions 247,077,058 0 248,700,038 247,077,058
Total Taxable Value 564,649,329 0 585,886,988 564,649,329

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 634,081,297 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 564,649,329 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 634,081,297 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 564,649,329 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 657,226,297 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 672,656,297 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 582,909,077 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 634,081,297 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 564,649,329 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 634,081,297 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 564,649,329 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 657,226,297 T13 plus the loss to the chapter 313 agreement
T16 672,656,297 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 582,909,077 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 69,431,968 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 23,145,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 15,430,000 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

190-Rains/Rains County

116-906/Lone Oak ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,939,241 N/A 3,939,241 3,939,241
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 193,392 N/A 193,392 193,392
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 300,504 N/A 300,504 300,504
D2 - FARM & RANCH IMP 209,705 N/A 209,705 209,705
E - NON-AG LAND AND IMPROVEMENTS 9,221,433 N/A 9,221,433 9,221,433
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 144,680 N/A 144,680 144,680
L1 - COMMERCIAL PERSONAL 3,850 N/A 3,850 3,850
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 0 N/A 0 0
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 14,012,805 0 14,012,805 14,012,805
Less Total Deductions 3,203,370 0 3,203,370 3,203,370
Total Taxable Value 10,809,435 0 10,809,435 10,809,435

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 11,813,842 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 10,809,435 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 11,813,842 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 10,809,435 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 12,338,842 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 12,688,842 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 11,031,916 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 11,813,842 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 10,809,435 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 11,813,842 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 10,809,435 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 12,338,842 T13 plus the loss to the chapter 313 agreement
T16 12,688,842 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 11,031,916 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,004,407 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 525,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 350,000 Loss to Second Previous Homestead Increase

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

116-906-02/Lone Oak ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 226,597,572 0.9914 228,551,700 226,597,572
B - MULTIFAMILY 1,294,800 N/A 1,294,800 1,294,800
C1 - VACANT LOTS 23,189,853 N/A 23,189,853 23,189,853
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,995,764 0.8349 4,785,906 3,995,764
D2 - FARM & RANCH IMP 20,768,097 N/A 20,768,097 20,768,097
E - NON-AG LAND AND IMPROVEMENTS 380,474,119 0.9498 400,590,488 380,474,119
F1 - COMMERCIAL REAL 19,313,149 N/A 19,313,149 19,313,149
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 129,820 N/A 129,820 129,820
J - ALL UTILITIES 10,773,770 N/A 10,773,770 10,773,770
L1 - COMMERCIAL PERSONAL 6,950,875 N/A 6,950,875 6,950,875
L2 - INDUSTRIAL PERSONAL 123,953,130 N/A 123,953,130 123,953,130
M1 - MOBILE HOMES 8,127,963 N/A 8,127,963 8,127,963
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 131,700 N/A 131,700 131,700
S - SPECIAL INVENTORY 38,580 N/A 38,580 38,580
Subtotal 825,739,192 848,599,831 825,739,192
Less Total Deductions 250,280,428 251,903,408 250,280,428
Total Taxable Value 575,458,764 596,696,423 575,458,764

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 645,895,139 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 575,458,764 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 645,895,139 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 575,458,764 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 669,565,139 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 685,345,139 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 593,940,993 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 645,895,139 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 575,458,764 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 645,895,139 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 575,458,764 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 669,565,139 T13 plus the loss to the chapter 313 agreement
T16 685,345,139 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 593,940,993 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 70,436,375 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 23,670,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 15,780,000 Loss to Second Previous Homestead Increase