taxes Property Tax Assistance

2024 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 6,706,767 6,706,767 6,706,767
Homestead - State-Mandated Over-65 or Disabled $10,000 137,219 137,219 137,219
Homestead - 100% Disabled or Unemployable Veterans 530,438 530,438 530,438
Homestead - Disabled Veterans and Surviving Spouse 19,500 19,500 19,500
Homestead - Over-65 or Disabled Freeze Loss 691,818 691,818 691,818
Homestead - 10% Appraisal Cap Loss 4,676,313 4,676,313 4,676,313
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
Medical or Biomedical 0 0 0
Loss to Non-Homestead Cap 108,942 108,942 108,942
JETI Agreements 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 241,392,832 241,392,832 241,392,832
Homestead - State-Mandated Over-65 or Disabled $10,000 9,308,812 9,308,812 9,308,812
Homestead - 100% Disabled or Unemployable Veterans 31,058,984 31,058,984 31,058,984
Homestead - Disabled Veterans and Surviving Spouse 1,391,770 1,391,770 1,391,770
Homestead - Over-65 or Disabled Freeze Loss 112,487,125 113,093,146 112,487,125
Homestead - 10% Appraisal Cap Loss 89,496,288 89,666,655 89,496,288
Freeport 0 0 0
Pollution Control 157,760 157,760 157,760
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 3,451,484 3,451,484 3,451,484
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
Medical or Biomedical 0 0 0
Loss to Non-Homestead Cap 17,236,122 17,236,122 17,236,122
JETI Agreements 0 0 0

161-907/Lorena ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 248,099,599 248,099,599 248,099,599
Homestead - State-Mandated Over-65 or Disabled $10,000 9,446,031 9,446,031 9,446,031
Homestead - 100% Disabled or Unemployable Veterans 31,589,422 31,589,422 31,589,422
Homestead - Disabled Veterans and Surviving Spouse 1,411,270 1,411,270 1,411,270
Homestead - Over-65 or Disabled Freeze Loss 113,178,943 113,784,964 113,178,943
Homestead - 10% Appraisal Cap Loss 94,172,601 94,342,968 94,172,601
Freeport 0 0 0
Pollution Control 157,760 157,760 157,760
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 3,451,484 3,451,484 3,451,484
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
Medical or Biomedical 0 0 0
Loss to Non-Homestead Cap 17,345,064 17,345,064 17,345,064
JETI Agreements 0 0 0
Total Deductions Allowed in PVS 518,852,174 519,628,562 518,852,174