taxes Property Tax Assistance

2019 ISD Summary Worksheet

073-Falls

161-907/Lorena ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,340,280	N/A	1,340,280	1,340,280
D1. QUALIFIED AG LAND	764,850	N/A	764,850	764,850
D2. REAL PROP:FARM & RANCH	601,160	N/A	601,160	601,160
E. REAL PROP NONQUAL ACREAGE	11,924,680	N/A	11,924,680	11,924,680
J. UTILITIES	261,230	N/A	261,230	261,230
L1. COMMERCIAL PERSONAL	759,430	N/A	759,430	759,430
L2. INDUSTRIAL PERSONAL	0	N/A	0	0
M. MOBILE HOMES	141,020	N/A	141,020	141,020
Subtotal	15,792,650	0	15,792,650	15,792,650
Less Total Deductions	5,188,379	0	5,188,379	5,188,379
Total Taxable Value	10,604,271	0	10,604,271	10,604,271

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
11,201,794	10,604,271	11,201,794	10,604,271

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
597,523	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
11,201,794	10,604,271	11,201,794	10,604,271

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	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	487,476,010	N/A	487,476,010	487,476,010
B. MULTIFAMILY RESIDENCES	6,030,240	N/A	6,030,240	6,030,240
C1. VACANT LOTS	8,542,092	N/A	8,542,092	8,542,092
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	3,913,834	N/A	3,913,834	3,913,834
D2. REAL PROP:FARM & RANCH	3,861,732	N/A	3,861,732	3,861,732
E. REAL PROP NONQUAL ACREAGE	112,172,137	N/A	112,172,137	112,172,137
F1. COMMERCIAL REAL	27,784,839	N/A	27,784,839	27,784,839
F2. INDUSTRIAL REAL	1,485,930	N/A	1,485,930	1,485,930
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	12,603,350	N/A	12,603,350	12,603,350
L1. COMMERCIAL PERSONAL	33,497,410	N/A	33,497,410	33,497,410
L2. INDUSTRIAL PERSONAL	1,540,680	N/A	1,540,680	1,540,680
M. MOBILE HOMES	2,336,730	N/A	2,336,730	2,336,730
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	107,680	N/A	107,680	107,680
S. SPECIAL INVENTORY	179,320	N/A	179,320	179,320
Subtotal	701,531,984	0	701,531,984	701,531,984
Less Total Deductions	135,543,041	0	135,543,041	135,543,041
Total Taxable Value	565,988,943	0	565,988,943	565,988,943

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
586,843,627	565,988,943	586,843,627	565,988,943

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
20,854,684	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
586,843,627	565,988,943	586,843,627	565,988,943

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	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	488,816,290	N/A	488,816,290	488,816,290
B. MULTIFAMILY RESIDENCES	6,030,240	N/A	6,030,240	6,030,240
C1. VACANT LOTS	8,542,092	N/A	8,542,092	8,542,092
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	4,678,684	N/A	4,678,684	4,678,684
D2. REAL PROP:FARM & RANCH	4,462,892	N/A	4,462,892	4,462,892
E. REAL PROP NONQUAL ACREAGE	124,096,817	N/A	124,096,817	124,096,817
F1. COMMERCIAL REAL	27,784,839	N/A	27,784,839	27,784,839
F2. INDUSTRIAL REAL	1,485,930	N/A	1,485,930	1,485,930
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	12,864,580	N/A	12,864,580	12,864,580
L1. COMMERCIAL PERSONAL	34,256,840	N/A	34,256,840	34,256,840
L2. INDUSTRIAL PERSONAL	1,540,680	N/A	1,540,680	1,540,680
M. MOBILE HOMES	2,477,750	N/A	2,477,750	2,477,750
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	107,680	N/A	107,680	107,680
S. SPECIAL INVENTORY	179,320	N/A	179,320	179,320
Subtotal	717,324,634		717,324,634	717,324,634
Less Total Deductions	140,731,420		140,731,420	140,731,420
Total Taxable Value	576,593,214		576,593,214	576,593,214

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
598,045,421	576,593,214	598,045,421	576,593,214

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
21,452,207	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
598,045,421	576,593,214	598,045,421	576,593,214

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