taxes Property Tax Assistance

2022 ISD Summary Worksheet

Lorena ISD (all splits)   Falls County   McLennan County  

073-Falls/Falls County

161-907/Lorena ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 2,812,730 N/A 2,812,730 2,812,730
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 719,000 N/A 719,000 719,000
D2 - FARM & RANCH IMP 826,250 N/A 826,250 826,250
E - NON-AG LAND AND IMPROVEMENTS 17,848,000 N/A 17,848,000 17,848,000
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 245,490 N/A 245,490 245,490
L1 - COMMERCIAL PERSONAL 262,170 N/A 262,170 262,170
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 159,410 N/A 159,410 159,410
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 22,873,050 0 22,873,050 22,873,050
Less Total Deductions 6,479,025 0 6,479,025 6,479,025
Total Taxable Value 16,394,025 0 16,394,025 16,394,025

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 17,239,970 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 16,394,025 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 17,239,970 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 16,394,025 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 17,919,970 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 17,239,970 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 16,394,025 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 17,239,970 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 16,394,025 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 17,919,970 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 845,945 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
LOSS_PREV_INCR_HMSTD 680,000 Loss to the second most recent increase in the state-mandated homestead exemption

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


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161-McLennan/McLennan County

161-907/Lorena ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 827,014,577 0.9946 831,504,702 827,014,577
B - MULTIFAMILY 8,577,847 N/A 8,577,847 8,577,847
C1 - VACANT LOTS 15,445,518 N/A 15,445,518 15,445,518
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,848,779 1.0966 3,509,731 3,848,779
D2 - FARM & RANCH IMP 6,516,554 N/A 6,516,554 6,516,554
E - NON-AG LAND AND IMPROVEMENTS 162,653,498 0.9431 172,466,862 162,653,498
F1 - COMMERCIAL REAL 38,169,054 N/A 38,169,054 38,169,054
F2 - INDUSTRIAL REAL 1,728,728 N/A 1,728,728 1,728,728
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 16,019,226 N/A 16,019,226 16,019,226
L1 - COMMERCIAL PERSONAL 32,677,450 N/A 32,677,450 32,677,450
L2 - INDUSTRIAL PERSONAL 1,526,460 N/A 1,526,460 1,526,460
M1 - MOBILE HOMES 3,625,405 N/A 3,625,405 3,625,405
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,845,320 N/A 6,845,320 6,845,320
S - SPECIAL INVENTORY 1,386,470 N/A 1,386,470 1,386,470
Subtotal 1,126,034,886 0 1,139,999,327 1,126,034,886
Less Total Deductions 306,749,657 0 308,730,272 306,749,657
Total Taxable Value 819,285,229 0 831,269,055 819,285,229

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 851,872,725 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 819,285,229 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 851,872,725 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 819,285,229 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 874,602,725 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 851,872,725 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 819,285,229 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 851,872,725 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 819,285,229 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 874,602,725 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 32,587,496 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
LOSS_PREV_INCR_HMSTD 22,730,000 Loss to the second most recent increase in the state-mandated homestead exemption

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


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161-907-02/Lorena ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 829,827,307 0.9946 834,317,432 829,827,307
B - MULTIFAMILY 8,577,847 N/A 8,577,847 8,577,847
C1 - VACANT LOTS 15,445,518 N/A 15,445,518 15,445,518
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,567,779 1.0802 4,228,731 4,567,779
D2 - FARM & RANCH IMP 7,342,804 N/A 7,342,804 7,342,804
E - NON-AG LAND AND IMPROVEMENTS 180,501,498 0.9484 190,314,862 180,501,498
F1 - COMMERCIAL REAL 38,169,054 N/A 38,169,054 38,169,054
F2 - INDUSTRIAL REAL 1,728,728 N/A 1,728,728 1,728,728
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 16,264,716 N/A 16,264,716 16,264,716
L1 - COMMERCIAL PERSONAL 32,939,620 N/A 32,939,620 32,939,620
L2 - INDUSTRIAL PERSONAL 1,526,460 N/A 1,526,460 1,526,460
M1 - MOBILE HOMES 3,784,815 N/A 3,784,815 3,784,815
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,845,320 N/A 6,845,320 6,845,320
S - SPECIAL INVENTORY 1,386,470 N/A 1,386,470 1,386,470
Subtotal 1,148,907,936 1,162,872,377 1,148,907,936
Less Total Deductions 313,228,682 315,209,297 313,228,682
Total Taxable Value 835,679,254 847,663,080 835,679,254

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 869,112,695 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 835,679,254 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 869,112,695 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 835,679,254 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 892,522,695 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 869,112,695 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 835,679,254 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 869,112,695 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 835,679,254 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 892,522,695 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 33,433,441 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
LOSS_PREV_INCR_HMSTD 23,410,000 Loss to the second most recent increase in the state-mandated homestead exemption

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