taxes Property Tax Assistance

2021 ISD Summary Worksheet

073-Falls /Falls County

161-907/Lorena ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	1,936,110	N/A	1,936,110	1,936,110
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	721,730	N/A	721,730	721,730
D2 - FARM & RANCH IMP	613,200	N/A	613,200	613,200
E - NON-AG LAND AND IMPROVEMENTS	13,780,510	N/A	13,780,510	13,780,510
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	225,240	N/A	225,240	225,240
L1 - COMMERCIAL PERSONAL	739,050	N/A	739,050	739,050
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	35,300	N/A	35,300	35,300
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	18,051,140	0	18,051,140	18,051,140
Less Total Deductions	4,715,505	0	4,715,505	4,715,505
Total Taxable Value	13,335,635	0	13,335,635	13,335,635

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
13,914,955	13,335,635	13,914,955	13,335,635

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
579,320	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
13,914,955	13,335,635	13,914,955	13,335,635

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 /McLennan County

161-907/Lorena ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	603,270,778	N/A	603,270,778	603,270,778
B - MULTIFAMILY	6,884,048	N/A	6,884,048	6,884,048
C1 - VACANT LOTS	14,400,690	N/A	14,400,690	14,400,690
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,849,187	N/A	3,849,187	3,849,187
D2 - FARM & RANCH IMP	4,766,418	N/A	4,766,418	4,766,418
E - NON-AG LAND AND IMPROVEMENTS	125,388,368	N/A	125,388,368	125,388,368
F1 - COMMERCIAL REAL	34,685,252	N/A	34,685,252	34,685,252
F2 - INDUSTRIAL REAL	1,500,710	N/A	1,500,710	1,500,710
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	15,640,210	N/A	15,640,210	15,640,210
L1 - COMMERCIAL PERSONAL	32,024,490	N/A	32,024,490	32,024,490
L2 - INDUSTRIAL PERSONAL	1,465,820	N/A	1,465,820	1,465,820
M1 - MOBILE HOMES	2,447,925	N/A	2,447,925	2,447,925
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	4,107,360	N/A	4,107,360	4,107,360
S - SPECIAL INVENTORY	636,640	N/A	636,640	636,640
Subtotal	851,067,896	0	851,067,896	851,067,896
Less Total Deductions	147,517,452	0	147,517,452	147,517,452
Total Taxable Value	703,550,444	0	703,550,444	703,550,444

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
723,967,354	703,550,444	723,967,354	703,550,444

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
20,416,910	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
723,967,354	703,550,444	723,967,354	703,550,444

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	605,206,888	N/A	605,206,888	605,206,888
B - MULTIFAMILY	6,884,048	N/A	6,884,048	6,884,048
C1 - VACANT LOTS	14,400,690	N/A	14,400,690	14,400,690
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,570,917	N/A	4,570,917	4,570,917
D2 - FARM & RANCH IMP	5,379,618	N/A	5,379,618	5,379,618
E - NON-AG LAND AND IMPROVEMENTS	139,168,878	N/A	139,168,878	139,168,878
F1 - COMMERCIAL REAL	34,685,252	N/A	34,685,252	34,685,252
F2 - INDUSTRIAL REAL	1,500,710	N/A	1,500,710	1,500,710
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	15,865,450	N/A	15,865,450	15,865,450
L1 - COMMERCIAL PERSONAL	32,763,540	N/A	32,763,540	32,763,540
L2 - INDUSTRIAL PERSONAL	1,465,820	N/A	1,465,820	1,465,820
M1 - MOBILE HOMES	2,483,225	N/A	2,483,225	2,483,225
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	4,107,360	N/A	4,107,360	4,107,360
S - SPECIAL INVENTORY	636,640	N/A	636,640	636,640
Subtotal	869,119,036		869,119,036	869,119,036
Less Total Deductions	152,232,957		152,232,957	152,232,957
Total Taxable Value	716,886,079		716,886,079	716,886,079

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
737,882,309	716,886,079	737,882,309	716,886,079

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
20,996,230	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
737,882,309	716,886,079	737,882,309	716,886,079

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