taxes Property Tax Assistance

2021 ISD Summary Worksheet

116-Hunt /Hunt County

116-906/Lone Oak ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	146,573,438	0.9867	148,549,142	146,573,438
B - MULTIFAMILY	971,180	N/A	971,180	971,180
C1 - VACANT LOTS	9,932,596	N/A	9,932,596	9,932,596
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,416,280	0.8783	3,889,860	3,416,280
D2 - FARM & RANCH IMP	13,221,460	N/A	13,221,460	13,221,460
E - NON-AG LAND AND IMPROVEMENTS	251,377,150	0.9346	268,967,633	251,377,150
F1 - COMMERCIAL REAL	9,704,380	N/A	9,704,380	9,704,380
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	26,530	N/A	26,530	26,530
J - ALL UTILITIES	4,948,940	N/A	4,948,940	4,948,940
L1 - COMMERCIAL PERSONAL	5,222,548	N/A	5,222,548	5,222,548
L2 - INDUSTRIAL PERSONAL	87,290	N/A	87,290	87,290
M1 - MOBILE HOMES	4,956,822	N/A	4,956,822	4,956,822
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	224,880	N/A	224,880	224,880
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	450,663,494	0	470,703,261	450,663,494
Less Total Deductions	88,118,728	0	89,623,824	88,118,728
Total Taxable Value	362,544,766	0	381,079,437	362,544,766

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
374,048,198	362,544,766	374,048,198	362,544,766

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
11,503,432	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
374,048,198	362,544,766	374,048,198	362,544,766

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 /Rains County

116-906/Lone Oak ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	1,349,683	N/A	1,349,683	1,349,683
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	269,676	N/A	269,676	269,676
D2 - FARM & RANCH IMP	213,036	N/A	213,036	213,036
E - NON-AG LAND AND IMPROVEMENTS	7,197,124	N/A	7,197,124	7,197,124
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	149,715	N/A	149,715	149,715
L1 - COMMERCIAL PERSONAL	8,618	N/A	8,618	8,618
L2 - INDUSTRIAL PERSONAL	3,127	N/A	3,127	3,127
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	9,190,979	0	9,190,979	9,190,979
Less Total Deductions	1,437,213	0	1,437,213	1,437,213
Total Taxable Value	7,753,766	0	7,753,766	7,753,766

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
7,901,266	7,753,766	7,901,266	7,753,766

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
147,500	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
7,901,266	7,753,766	7,901,266	7,753,766

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	147,923,121	0.9868	149,898,825	147,923,121
B - MULTIFAMILY	971,180	N/A	971,180	971,180
C1 - VACANT LOTS	9,932,596	N/A	9,932,596	9,932,596
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,685,956	0.8861	4,159,536	3,685,956
D2 - FARM & RANCH IMP	13,434,496	N/A	13,434,496	13,434,496
E - NON-AG LAND AND IMPROVEMENTS	258,574,274	0.9363	276,164,757	258,574,274
F1 - COMMERCIAL REAL	9,704,380	N/A	9,704,380	9,704,380
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	26,530	N/A	26,530	26,530
J - ALL UTILITIES	5,098,655	N/A	5,098,655	5,098,655
L1 - COMMERCIAL PERSONAL	5,231,166	N/A	5,231,166	5,231,166
L2 - INDUSTRIAL PERSONAL	90,417	N/A	90,417	90,417
M1 - MOBILE HOMES	4,956,822	N/A	4,956,822	4,956,822
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	224,880	N/A	224,880	224,880
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	459,854,473		479,894,240	459,854,473
Less Total Deductions	89,555,941		91,061,037	89,555,941
Total Taxable Value	370,298,532		388,833,203	370,298,532

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
381,949,464	370,298,532	381,949,464	370,298,532

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
11,650,932	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
381,949,464	370,298,532	381,949,464	370,298,532

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