taxes Property Tax Assistance

2018 ISD Summary Worksheet

073-Falls

161-907/Lorena ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	2,628,570	N/A	2,628,570	2,628,570
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	0	N/A	0	0
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	749,880	N/A	749,880	749,880
D2. REAL PROP:FARM & RANCH	280,160	N/A	280,160	280,160
E. REAL PROP NONQUAL ACREAGE	5,539,350	N/A	5,539,350	5,539,350
F1. COMMERCIAL REAL	0	N/A	0	0
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	179,740	N/A	179,740	179,740
L1. COMMERCIAL PERSONAL	661,810	N/A	661,810	661,810
L2. INDUSTRIAL PERSONAL	190	N/A	190	190
M. MOBILE HOMES	68,760	N/A	68,760	68,760
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	10,108,460	0	10,108,460	10,108,460
Less Total Deductions	2,037,682	0	2,037,682	2,037,682
Total Taxable Value	8,070,778	0	8,070,778	8,070,778

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
8,607,458	8,070,778	8,607,458	8,070,778

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
536,680	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
8,607,458	8,070,778	8,607,458	8,070,778

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

161-McLennan

161-907/Lorena ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	454,673,679	0.9933	457,740,541	454,673,679
B. MULTIFAMILY RESIDENCES	6,041,807	N/A	6,041,807	6,041,807
C1. VACANT LOTS	8,823,550	N/A	8,823,550	8,823,550
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	3,882,164	1.0603	3,661,430	3,882,164
D2. REAL PROP:FARM & RANCH	4,040,570	N/A	4,040,570	4,040,570
E. REAL PROP NONQUAL ACREAGE	104,483,942	1.0374	100,717,122	104,483,942
F1. COMMERCIAL REAL	26,398,885	N/A	26,398,885	26,398,885
F2. INDUSTRIAL REAL	1,462,040	N/A	1,462,040	1,462,040
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	11,063,314	N/A	11,063,314	11,063,314
L1. COMMERCIAL PERSONAL	30,708,920	0.9816	31,284,556	30,708,920
L2. INDUSTRIAL PERSONAL	1,455,890	N/A	1,455,890	1,455,890
M. MOBILE HOMES	2,117,780	N/A	2,117,780	2,117,780
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	859,030	N/A	859,030	859,030
S. SPECIAL INVENTORY	143,880	N/A	143,880	143,880
Subtotal	656,155,451	0	655,810,395	656,155,451
Less Total Deductions	135,926,025	0	137,002,173	135,926,025
Total Taxable Value	520,229,426	0	518,808,222	520,229,426

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
540,716,909	520,229,426	540,716,909	520,229,426

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
20,487,483	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
540,716,909	520,229,426	540,716,909	520,229,426

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

161-907-02/Lorena ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	457,302,249	0.9933	460,369,111	457,302,249
B. MULTIFAMILY RESIDENCES	6,041,807	N/A	6,041,807	6,041,807
C1. VACANT LOTS	8,823,550	N/A	8,823,550	8,823,550
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	4,632,044	1.0500	4,411,310	4,632,044
D2. REAL PROP:FARM & RANCH	4,320,730	N/A	4,320,730	4,320,730
E. REAL PROP NONQUAL ACREAGE	110,023,292	1.0355	106,256,472	110,023,292
F1. COMMERCIAL REAL	26,398,885	N/A	26,398,885	26,398,885
F2. INDUSTRIAL REAL	1,462,040	N/A	1,462,040	1,462,040
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	11,243,054	N/A	11,243,054	11,243,054
L1. COMMERCIAL PERSONAL	31,370,730	0.9820	31,946,366	31,370,730
L2. INDUSTRIAL PERSONAL	1,456,080	N/A	1,456,080	1,456,080
M. MOBILE HOMES	2,186,540	N/A	2,186,540	2,186,540
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	859,030	N/A	859,030	859,030
S. SPECIAL INVENTORY	143,880	N/A	143,880	143,880
Subtotal	666,263,911		665,918,855	666,263,911
Less Total Deductions	137,963,707		139,039,855	137,963,707
Total Taxable Value	528,300,204		526,879,000	528,300,204

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
549,324,367	528,300,204	549,324,367	528,300,204

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
21,024,163	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
549,324,367	528,300,204	549,324,367	528,300,204

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