taxes Property Tax Assistance

2024 ISD Summary Worksheet

Lone Oak ISD (all splits)   Hunt County   Rains County  

116-Hunt/Hunt County

116-906/Lone Oak ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 242,680,736 N/A 242,680,736 242,680,736
B - MULTIFAMILY 1,289,860 N/A 1,289,860 1,289,860
C1 - VACANT LOTS 24,956,920 N/A 24,956,920 24,956,920
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,800,110 N/A 3,800,110 3,800,110
D2 - FARM & RANCH IMP 16,860,552 N/A 16,860,552 16,860,552
E - NON-AG LAND AND IMPROVEMENTS 402,059,734 N/A 402,059,734 402,059,734
F1 - COMMERCIAL REAL 24,932,171 N/A 24,932,171 24,932,171
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 19,030 N/A 19,030 19,030
J - ALL UTILITIES 20,215,390 N/A 20,215,390 20,215,390
L1 - COMMERCIAL PERSONAL 7,829,175 N/A 7,829,175 7,829,175
L2 - INDUSTRIAL PERSONAL 191,236,710 N/A 191,236,710 191,236,710
M1 - MOBILE HOMES 8,511,190 N/A 8,511,190 8,511,190
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 69,940 N/A 69,940 69,940
Subtotal 944,461,518 0 944,461,518 944,461,518
Less Total Deductions 267,374,896 0 267,374,896 267,374,896
Total Taxable Value 677,086,622 0 677,086,622 677,086,622

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's office 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 school 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 755,623,759 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 677,086,622 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 755,623,759 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 677,086,622 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 781,678,759 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 799,048,759 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 719,988,428 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 755,623,759 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 677,086,622 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 755,623,759 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 677,086,622 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 781,678,759 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 799,048,759 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 719,988,428 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 78,537,137 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 26,055,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 17,370,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


Back to top


190-Rains/Rains County

116-906/Lone Oak ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 6,242,233 N/A 6,242,233 6,242,233
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 85,728 N/A 85,728 85,728
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 302,104 N/A 302,104 302,104
D2 - FARM & RANCH IMP 209,865 N/A 209,865 209,865
E - NON-AG LAND AND IMPROVEMENTS 10,755,789 N/A 10,755,789 10,755,789
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 408,310 N/A 408,310 408,310
L1 - COMMERCIAL PERSONAL 3,850 N/A 3,850 3,850
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
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 18,007,879 0 18,007,879 18,007,879
Less Total Deductions 4,655,734 0 4,655,734 4,655,734
Total Taxable Value 13,352,145 0 13,352,145 13,352,145

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's office 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 school 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 14,755,543 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 13,352,145 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 14,755,543 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 13,352,145 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 15,400,543 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 15,830,543 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 13,353,009 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 14,755,543 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 13,352,145 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 14,755,543 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 13,352,145 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 15,400,543 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 15,830,543 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 13,353,009 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,403,398 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 645,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 430,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED.


Back to top


116-906-02/Lone Oak ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 248,922,969 N/A 248,922,969 248,922,969
B - MULTIFAMILY 1,289,860 N/A 1,289,860 1,289,860
C1 - VACANT LOTS 25,042,648 N/A 25,042,648 25,042,648
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,102,214 N/A 4,102,214 4,102,214
D2 - FARM & RANCH IMP 17,070,417 N/A 17,070,417 17,070,417
E - NON-AG LAND AND IMPROVEMENTS 412,815,523 N/A 412,815,523 412,815,523
F1 - COMMERCIAL REAL 24,932,171 N/A 24,932,171 24,932,171
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 19,030 N/A 19,030 19,030
J - ALL UTILITIES 20,623,700 N/A 20,623,700 20,623,700
L1 - COMMERCIAL PERSONAL 7,833,025 N/A 7,833,025 7,833,025
L2 - INDUSTRIAL PERSONAL 191,236,710 N/A 191,236,710 191,236,710
M1 - MOBILE HOMES 8,511,190 N/A 8,511,190 8,511,190
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 69,940 N/A 69,940 69,940
Subtotal 962,469,397 962,469,397 962,469,397
Less Total Deductions 272,030,630 272,030,630 272,030,630
Total Taxable Value 690,438,767 690,438,767 690,438,767

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's office 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 school 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 770,379,302 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 690,438,767 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 770,379,302 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 690,438,767 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 797,079,302 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 814,879,302 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 733,341,437 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 770,379,302 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 690,438,767 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 770,379,302 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 690,438,767 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 797,079,302 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 814,879,302 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 733,341,437 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 79,940,535 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 26,700,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 17,800,000 Loss to the third most recent increase in the state-mandated homestead exemption

Back to top