taxes Property Tax Assistance

2018 ISD Summary Worksheet

168-Mitchell

168-902/Loraine ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	15,783,961	N/A	15,783,961	15,783,961
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	477,720	N/A	477,720	477,720
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	11,791,795	N/A	11,791,795	11,791,795
D2. REAL PROP:FARM & RANCH	1,246,576	N/A	1,246,576	1,246,576
E. REAL PROP NONQUAL ACREAGE	17,490,335	N/A	17,490,335	17,490,335
F1. COMMERCIAL REAL	1,207,637	N/A	1,207,637	1,207,637
F2. INDUSTRIAL REAL	104,423,551	N/A	104,423,551	104,423,551
G. OIL,GAS,MINERALS	447,155	N/A	447,155	447,155
J. UTILITIES	33,549,640	N/A	33,549,640	33,549,640
L1. COMMERCIAL PERSONAL	654,950	N/A	654,950	654,950
L2. INDUSTRIAL PERSONAL	1,964,850	N/A	1,964,850	1,964,850
M. MOBILE HOMES	376,550	N/A	376,550	376,550
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	189,414,720	0	189,414,720	189,414,720
Less Total Deductions	10,113,612	0	10,113,638	10,113,612
Total Taxable Value	179,301,108	0	179,301,082	179,301,108

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
181,286,762	179,301,108	181,286,762	179,301,108

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,985,654	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
181,286,762	179,301,108	181,286,762	179,301,108

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

168-902-02/Loraine ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	15,783,961	N/A	15,783,961	15,783,961
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	477,720	N/A	477,720	477,720
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	11,791,795	N/A	11,791,795	11,791,795
D2. REAL PROP:FARM & RANCH	1,246,576	N/A	1,246,576	1,246,576
E. REAL PROP NONQUAL ACREAGE	17,490,335	N/A	17,490,335	17,490,335
F1. COMMERCIAL REAL	1,207,637	N/A	1,207,637	1,207,637
F2. INDUSTRIAL REAL	104,423,551	N/A	104,423,551	104,423,551
G. OIL,GAS,MINERALS	447,155	N/A	447,155	447,155
J. UTILITIES	33,549,640	N/A	33,549,640	33,549,640
L1. COMMERCIAL PERSONAL	654,950	N/A	654,950	654,950
L2. INDUSTRIAL PERSONAL	1,964,850	N/A	1,964,850	1,964,850
M. MOBILE HOMES	376,550	N/A	376,550	376,550
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	189,414,720		189,414,720	189,414,720
Less Total Deductions	10,113,612		10,113,638	10,113,612
Total Taxable Value	179,301,108		179,301,082	179,301,108

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
181,286,762	179,301,108	181,286,762	179,301,108

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,985,654	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
181,286,762	179,301,108	181,286,762	179,301,108

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