taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

073/Falls

161-907/Lorena ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 1,313,590 N/A 1,313,590 1,313,590
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 13,000 N/A 13,000 13,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 770,100 N/A 770,100 770,100
D2. Real Prop Farm & Ranch 453,250 N/A 453,250 453,250
E. Real Prop NonQual Acres 4,796,700 N/A 4,796,700 4,796,700
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 203,130 N/A 203,130 203,130
L1. Commercial Personal 461,740 N/A 461,740 461,740
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 51,620 N/A 51,620 51,620
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 8,063,130 8,063,130 8,063,130
Less Total Deductions 1,015,355   1,015,355 1,015,355
Total Taxable Value 7,047,775 7,047,775 7,047,775 T2

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 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 districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
7,553,095 7,047,775 7,553,095 7,047,775 7,047,775 7,047,775


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
505,320 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
7,553,095 7,047,775 7,553,095 7,047,775 7,047,775 7,047,775

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

161/McLennan

161-907/Lorena ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 304,178,599 N/A 304,178,599 304,178,599
B. Multi-Family Residences 5,364,576 N/A 5,364,576 5,364,576
C1. Vacant Lots 4,599,875 N/A 4,599,875 4,599,875
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,668,670 N/A 3,668,670 3,668,670
D2. Real Prop Farm & Ranch 3,476,695 N/A 3,476,695 3,476,695
E. Real Prop NonQual Acres 73,902,461 N/A 73,902,461 73,902,461
F1. Commercial Real 20,226,653 N/A 20,226,653 20,226,653
F2. Industrial Real 1,584,660 N/A 1,584,660 1,584,660
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,474,880 N/A 9,474,880 9,474,880
L1. Commercial Personal 39,026,280 N/A 39,026,280 39,026,280
L2. Industrial Personal 1,051,900 N/A 1,051,900 1,051,900
M. Other Personal 2,106,768 N/A 2,106,768 2,106,768
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 1,523,620 N/A 1,523,620 1,523,620
S. Special Inventory 0 N/A 0 0
Subtotal 470,185,637 470,185,637 470,185,637
Less Total Deductions 72,698,970   72,698,970 72,698,970
Total Taxable Value 397,486,667 397,486,667 397,486,667 T2

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 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 districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
417,143,120 397,486,667 417,143,120 397,486,667 402,269,753 402,269,753


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,656,453 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
417,143,120 397,486,667 417,143,120 397,486,667 402,269,753 402,269,753

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

161-907/Lorena ISD



Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 305,492,189 N/A 305,492,189 305,492,189
B. Multi-Family Residences 5,364,576 N/A 5,364,576 5,364,576
C1. Vacant Lots 4,612,875 N/A 4,612,875 4,612,875
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,438,770 N/A 4,438,770 4,438,770
D2. Real Prop Farm & Ranch 3,929,945 N/A 3,929,945 3,929,945
E. Real Prop NonQual Acres 78,699,161 N/A 78,699,161 78,699,161
F1. Commercial Real 20,226,653 N/A 20,226,653 20,226,653
F2. Industrial Real 1,584,660 N/A 1,584,660 1,584,660
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,678,010 N/A 9,678,010 9,678,010
L1. Commercial Personal 39,488,020 N/A 39,488,020 39,488,020
L2. Industrial Personal 1,051,900 N/A 1,051,900 1,051,900
M. Other Personal 2,158,388 N/A 2,158,388 2,158,388
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 1,523,620 N/A 1,523,620 1,523,620
S. Special Inventory 0 N/A 0 0
Subtotal 478,248,767 478,248,767 478,248,767
Less Total Deductions 73,714,325   73,714,325 73,714,325
Total Taxable Value 404,534,442 404,534,442 404,534,442 T2

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