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 241,265,206 N/A 241,265,206 241,265,206
B - MULTIFAMILY 1,289,860 N/A 1,289,860 1,289,860
C1 - VACANT LOTS 25,335,530 N/A 25,335,530 25,335,530
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,794,230 N/A 3,794,230 3,794,230
D2 - FARM & RANCH IMP 16,869,552 N/A 16,869,552 16,869,552
E - NON-AG LAND AND IMPROVEMENTS 402,214,265 N/A 402,214,265 402,214,265
F1 - COMMERCIAL REAL 24,891,757 N/A 24,891,757 24,891,757
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 19,030 N/A 19,030 19,030
J - ALL UTILITIES 21,151,720 N/A 21,151,720 21,151,720
L1 - COMMERCIAL PERSONAL 8,020,105 N/A 8,020,105 8,020,105
L2 - INDUSTRIAL PERSONAL 191,236,710 N/A 191,236,710 191,236,710
M1 - MOBILE HOMES 8,370,110 N/A 8,370,110 8,370,110
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 149,560 N/A 149,560 149,560
Subtotal 944,607,635 0 944,607,635 944,607,635
Less Total Deductions 262,214,238 0 262,214,238 262,214,238
Total Taxable Value 682,393,397 0 682,393,397 682,393,397

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 759,021,363 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 682,393,397 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 759,021,363 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 682,393,397 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 784,401,363 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 801,321,363 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 725,015,404 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 759,021,363 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 682,393,397 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 759,021,363 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 682,393,397 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 784,401,363 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 801,321,363 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 725,015,404 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 76,627,966 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 25,380,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 16,920,000 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.


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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.


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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 247,507,439 N/A 247,507,439 247,507,439
B - MULTIFAMILY 1,289,860 N/A 1,289,860 1,289,860
C1 - VACANT LOTS 25,421,258 N/A 25,421,258 25,421,258
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,096,334 N/A 4,096,334 4,096,334
D2 - FARM & RANCH IMP 17,079,417 N/A 17,079,417 17,079,417
E - NON-AG LAND AND IMPROVEMENTS 412,970,054 N/A 412,970,054 412,970,054
F1 - COMMERCIAL REAL 24,891,757 N/A 24,891,757 24,891,757
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 19,030 N/A 19,030 19,030
J - ALL UTILITIES 21,560,030 N/A 21,560,030 21,560,030
L1 - COMMERCIAL PERSONAL 8,023,955 N/A 8,023,955 8,023,955
L2 - INDUSTRIAL PERSONAL 191,236,710 N/A 191,236,710 191,236,710
M1 - MOBILE HOMES 8,370,110 N/A 8,370,110 8,370,110
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 149,560 N/A 149,560 149,560
Subtotal 962,615,514 962,615,514 962,615,514
Less Total Deductions 266,869,972 266,869,972 266,869,972
Total Taxable Value 695,745,542 695,745,542 695,745,542

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 773,776,906 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 695,745,542 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 773,776,906 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 695,745,542 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 799,801,906 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 817,151,906 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 738,368,413 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 773,776,906 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 695,745,542 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 773,776,906 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 695,745,542 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 799,801,906 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 817,151,906 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 738,368,413 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 78,031,364 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 26,025,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 17,350,000 Loss to the third most recent increase in the state-mandated homestead exemption

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