taxes Property Tax Assistance

2025 ISD Summary Worksheet

Loraine ISD (all splits)   Mitchell County  

168-Mitchell/Mitchell County

168-902/Loraine ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 12,513,698 0.8581 14,583,030 12,513,698
B - MULTIFAMILY 405,710 N/A 405,710 405,710
C1 - VACANT LOTS 540,316 N/A 540,316 540,316
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,367,861 1.1640 9,766,302 11,367,861
D2 - FARM & RANCH IMP 1,251,336 N/A 1,251,336 1,251,336
E - NON-AG LAND AND IMPROVEMENTS 26,893,093 0.9227 29,146,085 26,893,093
F1 - COMMERCIAL REAL 1,469,986 N/A 1,469,986 1,469,986
F2 - INDUSTRIAL REAL 39,025,686 N/A 39,025,686 39,025,686
G - ALL MINERALS 2,605,149 N/A 2,605,149 2,605,149
J - ALL UTILITIES 91,297,539 0.8684 105,133,048 91,297,539
L1 - COMMERCIAL PERSONAL 531,518 N/A 531,518 531,518
L2 - INDUSTRIAL PERSONAL 6,865,840 N/A 6,865,840 6,865,840
M1 - MOBILE HOMES 257,524 N/A 257,524 257,524
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 195,025,256 0 211,581,530 195,025,256
Less Total Deductions 23,445,841 0 25,250,561 23,445,841
Total Taxable Value 171,579,415 0 186,330,969 171,579,415

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 173,481,555 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 171,579,415 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 173,481,555 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 171,579,415 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 179,790,503 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 182,242,416 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 172,163,157 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
T19 184,007,567 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 171,753,692 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 173,481,555 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 171,579,415 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 173,481,555 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 171,579,415 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 179,790,503 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 182,242,416 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 172,163,157 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
T20 184,007,567 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 171,753,692 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,902,140 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 6,308,948 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 2,451,913 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 1,765,151 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 174,277 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD.


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168-902-02/Loraine ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 12,513,698 0.8581 14,583,030 12,513,698
B - MULTIFAMILY 405,710 N/A 405,710 405,710
C1 - VACANT LOTS 540,316 N/A 540,316 540,316
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,367,861 1.1640 9,766,302 11,367,861
D2 - FARM & RANCH IMP 1,251,336 N/A 1,251,336 1,251,336
E - NON-AG LAND AND IMPROVEMENTS 26,893,093 0.9227 29,146,085 26,893,093
F1 - COMMERCIAL REAL 1,469,986 N/A 1,469,986 1,469,986
F2 - INDUSTRIAL REAL 39,025,686 N/A 39,025,686 39,025,686
G - ALL MINERALS 2,605,149 N/A 2,605,149 2,605,149
J - ALL UTILITIES 91,297,539 0.8684 105,133,048 91,297,539
L1 - COMMERCIAL PERSONAL 531,518 N/A 531,518 531,518
L2 - INDUSTRIAL PERSONAL 6,865,840 N/A 6,865,840 6,865,840
M1 - MOBILE HOMES 257,524 N/A 257,524 257,524
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 195,025,256 211,581,530 195,025,256
Less Total Deductions 23,445,841 25,250,561 23,445,841
Total Taxable Value 171,579,415 186,330,969 171,579,415

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 173,481,555 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 171,579,415 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 173,481,555 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 171,579,415 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 179,790,503 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 182,242,416 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 172,163,157 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
T19 184,007,567 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 171,753,692 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 173,481,555 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 171,579,415 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 173,481,555 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 171,579,415 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 179,790,503 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 182,242,416 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 172,163,157 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
T20 184,007,567 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 171,753,692 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,902,140 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 6,308,948 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 2,451,913 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 1,765,151 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 174,277 Loss to the increase in the Over-65/Disabled Homestead

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