taxes Property Tax Assistance

2022 ISD Summary Worksheet

116-Hunt /Hunt County

116-906/Lone Oak ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 184,671,581 N/A 184,671,581 184,671,581
B - MULTIFAMILY 1,092,160 N/A 1,092,160 1,092,160
C1 - VACANT LOTS 14,964,214 N/A 14,964,214 14,964,214
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,520,340 N/A 3,520,340 3,520,340
D2 - FARM & RANCH IMP 19,526,316 N/A 19,526,316 19,526,316
E - NON-AG LAND AND IMPROVEMENTS 313,380,602 N/A 313,380,602 313,380,602
F1 - COMMERCIAL REAL 18,791,339 N/A 18,791,339 18,791,339
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 56,316 N/A 56,316 56,316
J - ALL UTILITIES 6,484,026 N/A 6,484,026 6,484,026
L1 - COMMERCIAL PERSONAL 5,740,911 N/A 5,740,911 5,740,911
L2 - INDUSTRIAL PERSONAL 105,690 N/A 105,690 105,690
M1 - MOBILE HOMES 6,489,983 N/A 6,489,983 6,489,983
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 324,130 N/A 324,130 324,130
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 575,147,608 0 575,147,608 575,147,608
Less Total Deductions 141,811,034 0 141,811,034 141,811,034
Total Taxable Value 433,336,574 0 433,336,574 433,336,574

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 T13
450,018,119 433,336,574 450,018,119 433,336,574 465,418,119


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
16,681,545 0 15,400,000


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
450,018,119 433,336,574 450,018,119 433,336,574 465,418,119

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

190-Rains /Rains County

116-906/Lone Oak ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 2,819,867 N/A 2,819,867 2,819,867
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 19,200 N/A 19,200 19,200
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 289,319 N/A 289,319 289,319
D2 - FARM & RANCH IMP 211,595 N/A 211,595 211,595
E - NON-AG LAND AND IMPROVEMENTS 8,016,530 N/A 8,016,530 8,016,530
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 105,380 N/A 105,380 105,380
L1 - COMMERCIAL PERSONAL 12,570 N/A 12,570 12,570
L2 - INDUSTRIAL PERSONAL 88,800 N/A 88,800 88,800
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 11,563,261 0 11,563,261 11,563,261
Less Total Deductions 1,952,597 0 1,952,597 1,952,597
Total Taxable Value 9,610,664 0 9,610,664 9,610,664

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
9,841,019 9,610,664 9,841,019 9,610,664 10,161,019


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
230,355 0 320,000


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
9,841,019 9,610,664 9,841,019 9,610,664 10,161,019

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

116-906-02/Lone Oak ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 187,491,448 N/A 187,491,448 187,491,448
B - MULTIFAMILY 1,092,160 N/A 1,092,160 1,092,160
C1 - VACANT LOTS 14,983,414 N/A 14,983,414 14,983,414
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,809,659 N/A 3,809,659 3,809,659
D2 - FARM & RANCH IMP 19,737,911 N/A 19,737,911 19,737,911
E - NON-AG LAND AND IMPROVEMENTS 321,397,132 N/A 321,397,132 321,397,132
F1 - COMMERCIAL REAL 18,791,339 N/A 18,791,339 18,791,339
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 56,316 N/A 56,316 56,316
J - ALL UTILITIES 6,589,406 N/A 6,589,406 6,589,406
L1 - COMMERCIAL PERSONAL 5,753,481 N/A 5,753,481 5,753,481
L2 - INDUSTRIAL PERSONAL 194,490 N/A 194,490 194,490
M1 - MOBILE HOMES 6,489,983 N/A 6,489,983 6,489,983
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 324,130 N/A 324,130 324,130
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 586,710,869 586,710,869 586,710,869
Less Total Deductions 143,763,631 143,763,631 143,763,631
Total Taxable Value 442,947,238 442,947,238 442,947,238

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
459,859,138 442,947,238 459,859,138 442,947,238 475,579,138


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
16,911,900 0 15,720,000


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
459,859,138 442,947,238 459,859,138 442,947,238 475,579,138

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