taxes Property Tax Assistance

2024 ISD Summary Worksheet

Lorena ISD (all splits)   Falls County   McLennan County  

073-Falls/Falls County

161-907/Lorena ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 6,803,190 N/A 6,803,190 6,803,190
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 607,320 N/A 607,320 607,320
D2 - FARM & RANCH IMP 1,170,371 N/A 1,170,371 1,170,371
E - NON-AG LAND AND IMPROVEMENTS 20,469,581 N/A 20,469,581 20,469,581
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 728,540 N/A 728,540 728,540
L1 - COMMERCIAL PERSONAL 315,450 N/A 315,450 315,450
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 63,530 N/A 63,530 63,530
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 30,157,982 0 30,157,982 30,157,982
Less Total Deductions 12,870,997 0 12,870,997 12,870,997
Total Taxable Value 17,286,985 0 17,286,985 17,286,985

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 20,993,752 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 17,286,985 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 20,993,752 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 17,286,985 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 22,118,752 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 22,868,752 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 17,290,034 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 20,993,752 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 17,286,985 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 20,993,752 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 17,286,985 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 22,118,752 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 22,868,752 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 17,290,034 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 3,706,767 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 1,125,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 750,000 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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161-McLennan/McLennan County

161-907/Lorena ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 1,061,699,090 0.9981 1,063,720,158 1,061,699,090
B - MULTIFAMILY 10,530,904 N/A 10,530,904 10,530,904
C1 - VACANT LOTS 35,703,617 N/A 35,703,617 35,703,617
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,032,126 1.0801 3,732,983 4,032,126
D2 - FARM & RANCH IMP 7,818,620 N/A 7,818,620 7,818,620
E - NON-AG LAND AND IMPROVEMENTS 180,256,716 1.0040 179,538,562 180,256,716
F1 - COMMERCIAL REAL 62,683,348 N/A 62,683,348 62,683,348
F2 - INDUSTRIAL REAL 1,889,740 N/A 1,889,740 1,889,740
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 18,617,245 N/A 18,617,245 18,617,245
L1 - COMMERCIAL PERSONAL 30,789,692 N/A 30,789,692 30,789,692
L2 - INDUSTRIAL PERSONAL 1,301,470 N/A 1,301,470 1,301,470
M1 - MOBILE HOMES 4,618,794 N/A 4,618,794 4,618,794
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,444,250 N/A 6,444,250 6,444,250
S - SPECIAL INVENTORY 1,500,540 N/A 1,500,540 1,500,540
Subtotal 1,427,886,152 0 1,428,889,923 1,427,886,152
Less Total Deductions 505,981,177 0 506,757,565 505,981,177
Total Taxable Value 921,904,975 0 922,132,358 921,904,975

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 1,063,817,807 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 921,904,975 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,063,817,807 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 921,904,975 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,101,122,807 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,125,992,807 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 976,749,115 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 1,063,817,807 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 921,904,975 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,063,817,807 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 921,904,975 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,101,122,807 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,125,992,807 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 976,749,115 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 141,912,832 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 37,305,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 24,870,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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161-907-02/Lorena ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 1,068,502,280 0.9981 1,070,523,348 1,068,502,280
B - MULTIFAMILY 10,530,904 N/A 10,530,904 10,530,904
C1 - VACANT LOTS 35,703,617 N/A 35,703,617 35,703,617
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,639,446 1.0689 4,340,303 4,639,446
D2 - FARM & RANCH IMP 8,988,991 N/A 8,988,991 8,988,991
E - NON-AG LAND AND IMPROVEMENTS 200,726,297 1.0036 200,008,143 200,726,297
F1 - COMMERCIAL REAL 62,683,348 N/A 62,683,348 62,683,348
F2 - INDUSTRIAL REAL 1,889,740 N/A 1,889,740 1,889,740
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 19,345,785 N/A 19,345,785 19,345,785
L1 - COMMERCIAL PERSONAL 31,105,142 N/A 31,105,142 31,105,142
L2 - INDUSTRIAL PERSONAL 1,301,470 N/A 1,301,470 1,301,470
M1 - MOBILE HOMES 4,682,324 N/A 4,682,324 4,682,324
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,444,250 N/A 6,444,250 6,444,250
S - SPECIAL INVENTORY 1,500,540 N/A 1,500,540 1,500,540
Subtotal 1,458,044,134 1,459,047,905 1,458,044,134
Less Total Deductions 518,852,174 519,628,562 518,852,174
Total Taxable Value 939,191,960 939,419,343 939,191,960

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 1,084,811,559 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 939,191,960 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,084,811,559 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 939,191,960 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,123,241,559 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,148,861,559 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 994,039,149 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 1,084,811,559 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 939,191,960 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,084,811,559 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 939,191,960 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,123,241,559 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,148,861,559 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 994,039,149 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 145,619,599 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 38,430,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 25,620,000 Loss to the third most recent increase in the state-mandated homestead exemption

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