taxes Property Tax Assistance

2023 ISD Summary Worksheet

160-McCulloch/McCulloch County

160-905/Lohn ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,653,970 N/A 2,653,970 2,653,970
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 42,930 N/A 42,930 42,930
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,062,320 N/A 12,062,320 12,062,320
D2 - FARM & RANCH IMP 3,014,300 N/A 3,014,300 3,014,300
E - NON-AG LAND AND IMPROVEMENTS 22,760,820 N/A 22,760,820 22,760,820
F1 - COMMERCIAL REAL 114,220 N/A 114,220 114,220
F2 - INDUSTRIAL REAL 139,246,950 N/A 139,246,950 139,246,950
G - ALL MINERALS 75,300 N/A 75,300 75,300
J - ALL UTILITIES 71,375,390 N/A 71,375,390 71,375,390
L1 - COMMERCIAL PERSONAL 125,140 N/A 125,140 125,140
L2 - INDUSTRIAL PERSONAL 780,070 N/A 780,070 780,070
M1 - MOBILE HOMES 940,780 N/A 940,780 940,780
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 253,192,190 0 253,192,190 253,192,190
Less Total Deductions 118,214,038 0 118,214,038 118,214,038
Total Taxable Value 134,978,152 0 134,978,152 134,978,152

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 137,746,492 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 134,978,152 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 137,746,492 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 134,978,152 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 138,796,492 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 139,496,492 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 135,985,466 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 247,242,592 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 244,474,252 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 247,242,592 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 244,474,252 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 248,292,592 T13 plus the loss to the chapter 313 agreement
T16 248,992,592 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 245,481,566 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,768,340 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 1,050,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 700,000 Loss to Second Previous Homestead Increase

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

160-905-02/Lohn ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,653,970 N/A 2,653,970 2,653,970
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 42,930 N/A 42,930 42,930
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,062,320 N/A 12,062,320 12,062,320
D2 - FARM & RANCH IMP 3,014,300 N/A 3,014,300 3,014,300
E - NON-AG LAND AND IMPROVEMENTS 22,760,820 N/A 22,760,820 22,760,820
F1 - COMMERCIAL REAL 114,220 N/A 114,220 114,220
F2 - INDUSTRIAL REAL 139,246,950 N/A 139,246,950 139,246,950
G - ALL MINERALS 75,300 N/A 75,300 75,300
J - ALL UTILITIES 71,375,390 N/A 71,375,390 71,375,390
L1 - COMMERCIAL PERSONAL 125,140 N/A 125,140 125,140
L2 - INDUSTRIAL PERSONAL 780,070 N/A 780,070 780,070
M1 - MOBILE HOMES 940,780 N/A 940,780 940,780
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 253,192,190 253,192,190 253,192,190
Less Total Deductions 118,214,038 118,214,038 118,214,038
Total Taxable Value 134,978,152 134,978,152 134,978,152

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 137,746,492 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 134,978,152 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 137,746,492 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 134,978,152 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 138,796,492 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 139,496,492 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 135,985,466 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 247,242,592 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 244,474,252 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 247,242,592 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 244,474,252 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 248,292,592 T13 plus the loss to the chapter 313 agreement
T16 248,992,592 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 245,481,566 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,768,340 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 1,050,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 700,000 Loss to Second Previous Homestead Increase