taxes Property Tax Assistance

2020 ISD Summary Worksheet

116-Hunt

116-906/Lone Oak ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 128,958,122 N/A 128,958,122 128,958,122
B - MULTIFAMILY 444,080 N/A 444,080 444,080
C1 - VACANT LOTS 6,391,260 N/A 6,391,260 6,391,260
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,457,490 N/A 3,457,490 3,457,490
D2 - FARM & RANCH IMP 11,117,848 N/A 11,117,848 11,117,848
E - NON-AG LAND AND IMPROVEMENTS 228,981,033 N/A 228,981,033 228,981,033
F1 - COMMERCIAL REAL 8,735,970 N/A 8,735,970 8,735,970
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 30,180 N/A 30,180 30,180
J - ALL UTILITIES 5,551,340 N/A 5,551,340 5,551,340
L1 - COMMERCIAL PERSONAL 5,337,572 N/A 5,337,572 5,337,572
L2 - INDUSTRIAL PERSONAL 87,290 N/A 87,290 87,290
M1 - MOBILE HOMES 4,605,483 N/A 4,605,483 4,605,483
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 420,940 N/A 420,940 420,940
S - SPECIAL INVENTORY 30,710 N/A 30,710 30,710
Subtotal 404,149,318 0 404,149,318 404,149,318
Less Total Deductions 81,811,263 0 81,811,263 81,811,263
Total Taxable Value 322,338,055 0 322,338,055 322,338,055

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
333,440,672 322,338,055 333,440,672 322,338,055


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,102,617 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
333,440,672 322,338,055 333,440,672 322,338,055

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

190-Rains

116-906/Lone Oak ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,164,147 N/A 1,164,147 1,164,147
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 282,101 N/A 282,101 282,101
D2 - FARM & RANCH IMP 244,622 N/A 244,622 244,622
E - NON-AG LAND AND IMPROVEMENTS 5,620,868 N/A 5,620,868 5,620,868
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 138,785 N/A 138,785 138,785
L1 - COMMERCIAL PERSONAL 10,137 N/A 10,137 10,137
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 7,460,660 0 7,460,660 7,460,660
Less Total Deductions 1,275,577 0 1,275,577 1,275,577
Total Taxable Value 6,185,083 0 6,185,083 6,185,083

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
6,285,083 6,185,083 6,285,083 6,185,083


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
100,000 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
6,285,083 6,185,083 6,285,083 6,185,083

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

116-906-02/Lone Oak ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 130,122,269 N/A 130,122,269 130,122,269
B - MULTIFAMILY 444,080 N/A 444,080 444,080
C1 - VACANT LOTS 6,391,260 N/A 6,391,260 6,391,260
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,739,591 N/A 3,739,591 3,739,591
D2 - FARM & RANCH IMP 11,362,470 N/A 11,362,470 11,362,470
E - NON-AG LAND AND IMPROVEMENTS 234,601,901 N/A 234,601,901 234,601,901
F1 - COMMERCIAL REAL 8,735,970 N/A 8,735,970 8,735,970
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 30,180 N/A 30,180 30,180
J - ALL UTILITIES 5,690,125 N/A 5,690,125 5,690,125
L1 - COMMERCIAL PERSONAL 5,347,709 N/A 5,347,709 5,347,709
L2 - INDUSTRIAL PERSONAL 87,290 N/A 87,290 87,290
M1 - MOBILE HOMES 4,605,483 N/A 4,605,483 4,605,483
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 420,940 N/A 420,940 420,940
S - SPECIAL INVENTORY 30,710 N/A 30,710 30,710
Subtotal 411,609,978 411,609,978 411,609,978
Less Total Deductions 83,086,840 83,086,840 83,086,840
Total Taxable Value 328,523,138 328,523,138 328,523,138

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
339,725,755 328,523,138 339,725,755 328,523,138


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
11,202,617 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
339,725,755 328,523,138 339,725,755 328,523,138

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