taxes Property Tax Assistance

2021 ISD Summary Worksheet

Lone Oak ISD (all splits)   Hunt County   Rains County  

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's office 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 school 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

Measure Value Description
T1 374,048,198 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 362,544,766 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 374,048,198 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 362,544,766 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 374,048,198 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 362,544,766 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 374,048,198 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 362,544,766 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 11,503,432 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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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's office 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 school 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

Measure Value Description
T1 7,901,266 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 7,753,766 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 7,901,266 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 7,753,766 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 7,901,266 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 7,753,766 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 7,901,266 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 7,753,766 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 147,500 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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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's office 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 school 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

Measure Value Description
T1 381,949,464 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 370,298,532 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 381,949,464 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 370,298,532 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 381,949,464 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 370,298,532 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 381,949,464 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 370,298,532 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 11,650,932 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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