taxes Property Tax Assistance

2023 Deduction Detail

073-Falls Falls County

161-907/Lorena ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 6,215,271 6,215,271 6,215,271
Homestead - State-Mandated Over-65 or Disabled $10,000 124,834 124,834 124,834
Homestead - 100% Disabled or Unemployable Veterans 331,284 331,284 331,284
Homestead - Disabled Veterans and Surviving Spouse 31,500 31,500 31,500
Homestead - Over-65 or Disabled Freeze Loss 490,502 490,502 490,502
Homestead - 10% Appraisal Cap Loss 3,919,758 3,919,758 3,919,758
Freeport 0 0 0
Pollution Control 0 0 0
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 0 0 0
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 0 0 0
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0

161-McLennan McLennan County

161-907/Lorena ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 229,549,063 229,549,063 229,549,063
Homestead - State-Mandated Over-65 or Disabled $10,000 8,943,997 8,943,997 8,943,997
Homestead - 100% Disabled or Unemployable Veterans 21,832,277 21,832,277 21,832,277
Homestead - Disabled Veterans and Surviving Spouse 1,406,908 1,406,908 1,406,908
Homestead - Over-65 or Disabled Freeze Loss 91,394,319 91,394,319 91,394,319
Homestead - 10% Appraisal Cap Loss 136,501,677 136,501,677 136,501,677
Freeport 0 0 0
Pollution Control 162,010 162,010 162,010
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 932,403 932,403 932,403
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 2,982,005 2,982,005 2,982,005
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0

161-907/Lorena ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 235,764,334 235,764,334 235,764,334
Homestead - State-Mandated Over-65 or Disabled $10,000 9,068,831 9,068,831 9,068,831
Homestead - 100% Disabled or Unemployable Veterans 22,163,561 22,163,561 22,163,561
Homestead - Disabled Veterans and Surviving Spouse 1,438,408 1,438,408 1,438,408
Homestead - Over-65 or Disabled Freeze Loss 91,884,821 91,884,821 91,884,821
Homestead - 10% Appraisal Cap Loss 140,421,435 140,421,435 140,421,435
Freeport 0 0 0
Pollution Control 162,010 162,010 162,010
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 932,403 932,403 932,403
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 2,982,005 2,982,005 2,982,005
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Total Deductions Allowed in PVS 504,817,808 504,817,808 504,817,808