taxes Property Tax Assistance

2020 Deduction Detail

073-Falls /Falls County

161-907/Lorena ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 1,556,141 1,556,141 1,556,141
Homestead - State-Mandated Over-65 or Disabled $10,000 170,000 170,000 170,000
Homestead - 100% Disabled or Unemployable Veterans 324,030 324,030 324,030
Homestead - Disabled Veterans and Surviving Spouse 0 0 0
Homestead - Over-65 or Disabled Freeze Loss 219,185 219,185 219,185
Homestead - 10% Appraisal Cap Loss 2,160,732 2,160,732 2,160,732
Freeport 0 0 0
Pollution Control 0 0 0
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 0 0 0
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Homestead - Surviving Spouse 100% Disabled 0 0 0
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0

161-McLennan /McLennan County

161-907/Lorena ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 50,057,955 50,057,955 50,057,955
Homestead - State-Mandated Over-65 or Disabled $10,000 8,179,353 8,179,353 8,179,353
Homestead - 100% Disabled or Unemployable Veterans 14,593,711 14,593,711 14,593,711
Homestead - Disabled Veterans and Surviving Spouse 1,288,313 1,288,313 1,288,313
Homestead - Over-65 or Disabled Freeze Loss 48,517,858 55,768,662 48,517,858
Homestead - 10% Appraisal Cap Loss 5,437,285 5,657,356 5,437,285
Freeport 0 0 0
Pollution Control 0 0 0
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 96,703 96,703 96,703
Deferred Taxes 351,101 351,101 351,101
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Homestead - Surviving Spouse 100% Disabled 2,259,025 2,259,025 2,259,025
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0

161-907/Lorena ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 51,614,096 51,614,096 51,614,096
Homestead - State-Mandated Over-65 or Disabled $10,000 8,349,353 8,349,353 8,349,353
Homestead - 100% Disabled or Unemployable Veterans 14,917,741 14,917,741 14,917,741
Homestead - Disabled Veterans and Surviving Spouse 1,288,313 1,288,313 1,288,313
Homestead - Over-65 or Disabled Freeze Loss 48,737,043 55,987,847 48,737,043
Homestead - 10% Appraisal Cap Loss 7,598,017 7,818,088 7,598,017
Freeport 0 0 0
Pollution Control 0 0 0
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 96,703 96,703 96,703
Deferred Taxes 351,101 351,101 351,101
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 2,259,025 2,259,025 2,259,025
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Total Deductions Allowed in PVS 135,211,392 142,682,267 135,211,392