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 9,935,439 N/A 9,935,439 9,935,439
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,417,070 0.8782 3,890,895 3,417,070
D2 - FARM & RANCH IMP 13,225,532 N/A 13,225,532 13,225,532
E - NON-AG LAND AND IMPROVEMENTS 251,833,266 0.9346 269,455,667 251,833,266
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 451,127,315 0 471,199,245 451,127,315
Less Total Deductions 85,605,507 0 86,936,629 85,605,507
Total Taxable Value 365,521,808 0 384,262,616 365,521,808

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
376,633,990 365,521,808 376,633,990 365,521,808


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,112,182 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
376,633,990 365,521,808 376,633,990 365,521,808

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 9,935,439 N/A 9,935,439 9,935,439
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,686,746 0.8861 4,160,571 3,686,746
D2 - FARM & RANCH IMP 13,438,568 N/A 13,438,568 13,438,568
E - NON-AG LAND AND IMPROVEMENTS 259,030,390 0.9363 276,652,791 259,030,390
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 460,318,294 480,390,224 460,318,294
Less Total Deductions 87,042,720 88,373,842 87,042,720
Total Taxable Value 373,275,574 392,016,382 373,275,574

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
384,535,256 373,275,574 384,535,256 373,275,574


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
11,259,682 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
384,535,256 373,275,574 384,535,256 373,275,574

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