taxes Property Tax Assistance

2023 ISD Summary Worksheet

Lorena ISD (all splits)   Falls County   McLennan County  

073-Falls/Falls County

161-907/Lorena ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,795,010 N/A 3,795,010 3,795,010
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 702,290 N/A 702,290 702,290
D2 - FARM & RANCH IMP 826,250 N/A 826,250 826,250
E - NON-AG LAND AND IMPROVEMENTS 20,222,210 N/A 20,222,210 20,222,210
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 259,720 N/A 259,720 259,720
L1 - COMMERCIAL PERSONAL 189,900 N/A 189,900 189,900
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 207,840 N/A 207,840 207,840
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 26,203,220 0 26,203,220 26,203,220
Less Total Deductions 11,113,149 0 11,113,149 11,113,149
Total Taxable Value 15,090,071 0 15,090,071 15,090,071

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

Measure Value Description
T1 18,465,342 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 15,090,071 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 18,465,342 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 15,090,071 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 19,530,342 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 20,240,342 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 15,470,307 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 18,465,342 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 15,090,071 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 18,465,342 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 15,090,071 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 19,530,342 T13 plus the loss to the chapter 313 agreement
T16 20,240,342 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 15,470,307 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,375,271 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,065,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 710,000 Loss to Second Previous Homestead Increase

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


Back to top


161-McLennan/McLennan County

161-907/Lorena ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 984,014,262 N/A 984,014,262 984,014,262
B - MULTIFAMILY 9,758,577 N/A 9,758,577 9,758,577
C1 - VACANT LOTS 28,964,800 N/A 28,964,800 28,964,800
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,977,335 N/A 3,977,335 3,977,335
D2 - FARM & RANCH IMP 7,154,848 N/A 7,154,848 7,154,848
E - NON-AG LAND AND IMPROVEMENTS 175,082,025 N/A 175,082,025 175,082,025
F1 - COMMERCIAL REAL 49,181,054 N/A 49,181,054 49,181,054
F2 - INDUSTRIAL REAL 1,808,753 N/A 1,808,753 1,808,753
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 17,179,735 N/A 17,179,735 17,179,735
L1 - COMMERCIAL PERSONAL 36,966,100 N/A 36,966,100 36,966,100
L2 - INDUSTRIAL PERSONAL 1,619,040 N/A 1,619,040 1,619,040
M1 - MOBILE HOMES 4,526,038 N/A 4,526,038 4,526,038
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,812,690 N/A 5,812,690 5,812,690
S - SPECIAL INVENTORY 1,592,580 N/A 1,592,580 1,592,580
Subtotal 1,327,637,837 0 1,327,637,837 1,327,637,837
Less Total Deductions 505,406,766 0 505,406,766 505,406,766
Total Taxable Value 822,231,071 0 822,231,071 822,231,071

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

Measure Value Description
T1 960,451,724 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 822,231,071 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 960,451,724 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 822,231,071 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 997,171,724 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,021,651,724 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 873,220,175 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 960,451,724 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 822,231,071 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 960,451,724 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 822,231,071 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 997,171,724 T13 plus the loss to the chapter 313 agreement
T16 1,021,651,724 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 873,220,175 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 138,220,653 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 36,720,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 24,480,000 Loss to Second Previous Homestead Increase

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


Back to top


161-907-02/Lorena ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 987,809,272 N/A 987,809,272 987,809,272
B - MULTIFAMILY 9,758,577 N/A 9,758,577 9,758,577
C1 - VACANT LOTS 28,964,800 N/A 28,964,800 28,964,800
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,679,625 N/A 4,679,625 4,679,625
D2 - FARM & RANCH IMP 7,981,098 N/A 7,981,098 7,981,098
E - NON-AG LAND AND IMPROVEMENTS 195,304,235 N/A 195,304,235 195,304,235
F1 - COMMERCIAL REAL 49,181,054 N/A 49,181,054 49,181,054
F2 - INDUSTRIAL REAL 1,808,753 N/A 1,808,753 1,808,753
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 17,439,455 N/A 17,439,455 17,439,455
L1 - COMMERCIAL PERSONAL 37,156,000 N/A 37,156,000 37,156,000
L2 - INDUSTRIAL PERSONAL 1,619,040 N/A 1,619,040 1,619,040
M1 - MOBILE HOMES 4,733,878 N/A 4,733,878 4,733,878
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,812,690 N/A 5,812,690 5,812,690
S - SPECIAL INVENTORY 1,592,580 N/A 1,592,580 1,592,580
Subtotal 1,353,841,057 1,353,841,057 1,353,841,057
Less Total Deductions 516,519,915 516,519,915 516,519,915
Total Taxable Value 837,321,142 837,321,142 837,321,142

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

Measure Value Description
T1 978,917,066 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 837,321,142 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 978,917,066 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 837,321,142 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,016,702,066 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,041,892,066 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 888,690,482 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 978,917,066 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 837,321,142 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 978,917,066 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 837,321,142 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,016,702,066 T13 plus the loss to the chapter 313 agreement
T16 1,041,892,066 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 888,690,482 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 141,595,924 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 37,785,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 25,190,000 Loss to Second Previous Homestead Increase

Back to top