taxes Property Tax Assistance

2023 ISD Summary Worksheet

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

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 983,996,762 N/A 983,996,762 983,996,762
B - MULTIFAMILY 9,758,577 N/A 9,758,577 9,758,577
C1 - VACANT LOTS 29,277,350 N/A 29,277,350 29,277,350
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,987,064 N/A 3,987,064 3,987,064
D2 - FARM & RANCH IMP 7,151,467 N/A 7,151,467 7,151,467
E - NON-AG LAND AND IMPROVEMENTS 175,246,827 N/A 175,246,827 175,246,827
F1 - COMMERCIAL REAL 49,712,444 N/A 49,712,444 49,712,444
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 32,993,250 N/A 32,993,250 32,993,250
L2 - INDUSTRIAL PERSONAL 1,619,040 N/A 1,619,040 1,619,040
M1 - MOBILE HOMES 4,476,658 N/A 4,476,658 4,476,658
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,440,530 N/A 6,440,530 6,440,530
S - SPECIAL INVENTORY 1,592,560 N/A 1,592,560 1,592,560
Subtotal 1,325,241,017 0 1,325,241,017 1,325,241,017
Less Total Deductions 493,704,659 0 493,704,659 493,704,659
Total Taxable Value 831,536,358 0 831,536,358 831,536,358

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 965,885,421 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 831,536,358 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 965,885,421 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 831,536,358 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,001,585,421 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,025,385,421 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 882,501,632 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 965,885,421 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 831,536,358 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 965,885,421 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 831,536,358 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,001,585,421 T13 plus the loss to the chapter 313 agreement
T16 1,025,385,421 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 882,501,632 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 134,349,063 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 35,700,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 23,800,000 Loss to Second Previous Homestead Increase

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

161-907-02/Lorena ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 987,791,772 N/A 987,791,772 987,791,772
B - MULTIFAMILY 9,758,577 N/A 9,758,577 9,758,577
C1 - VACANT LOTS 29,277,350 N/A 29,277,350 29,277,350
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,689,354 N/A 4,689,354 4,689,354
D2 - FARM & RANCH IMP 7,977,717 N/A 7,977,717 7,977,717
E - NON-AG LAND AND IMPROVEMENTS 195,469,037 N/A 195,469,037 195,469,037
F1 - COMMERCIAL REAL 49,712,444 N/A 49,712,444 49,712,444
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 33,183,150 N/A 33,183,150 33,183,150
L2 - INDUSTRIAL PERSONAL 1,619,040 N/A 1,619,040 1,619,040
M1 - MOBILE HOMES 4,684,498 N/A 4,684,498 4,684,498
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,440,530 N/A 6,440,530 6,440,530
S - SPECIAL INVENTORY 1,592,560 N/A 1,592,560 1,592,560
Subtotal 1,351,444,237 1,351,444,237 1,351,444,237
Less Total Deductions 504,817,808 504,817,808 504,817,808
Total Taxable Value 846,626,429 846,626,429 846,626,429

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 984,350,763 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 846,626,429 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 984,350,763 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 846,626,429 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,021,115,763 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,045,625,763 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 897,971,939 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 984,350,763 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 846,626,429 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 984,350,763 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 846,626,429 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,021,115,763 T13 plus the loss to the chapter 313 agreement
T16 1,045,625,763 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 897,971,939 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 137,724,334 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 36,765,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 24,510,000 Loss to Second Previous Homestead Increase