taxes Property Tax Assistance

2022 ISD Summary Worksheet

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 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	T13
17,239,970	16,394,025	17,239,970	16,394,025	17,919,970

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
845,945	0	680,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
17,239,970	16,394,025	17,239,970	16,394,025	17,919,970

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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	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 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	T13
851,872,725	819,285,229	851,872,725	819,285,229	874,602,725

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
32,587,496	0	22,730,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
851,872,725	819,285,229	851,872,725	819,285,229	874,602,725

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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

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 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	T13
869,112,695	835,679,254	869,112,695	835,679,254	892,522,695

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
33,433,441	0	23,410,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
869,112,695	835,679,254	869,112,695	835,679,254	892,522,695

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement