taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

116/Hunt

116-906/Lone Oak ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 69,593,763 N/A 69,593,763 69,593,763
B. Multi-Family Residences 269,020 N/A 269,020 269,020
C1. Vacant Lots 8,324,811 N/A 8,324,811 8,324,811
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,036,090 N/A 3,036,090 3,036,090
D2. Real Prop Farm & Ranch 7,823,251 N/A 7,823,251 7,823,251
E. Real Prop NonQual Acres 132,298,742 N/A 132,298,742 132,298,742
F1. Commercial Real 7,416,219 N/A 7,416,219 7,416,219
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 4,214,230 N/A 4,214,230 4,214,230
L1. Commercial Personal 4,392,259 N/A 4,392,259 4,392,259
L2. Industrial Personal 119,040 N/A 119,040 119,040
M. Other Personal 1,990,200 N/A 1,990,200 1,990,200
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,674,159 N/A 2,674,159 2,674,159
S. Special Inventory 24,100 N/A 24,100 24,100
Subtotal 242,175,884 242,175,884 242,175,884
Less Total Deductions 37,338,217   37,338,217 37,338,217
Total Taxable Value 204,837,667 204,837,667 204,837,667 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
216,363,131 204,837,667 216,363,131 204,837,667 205,953,485 205,953,485


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,525,464 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
216,363,131 204,837,667 216,363,131 204,837,667 205,953,485 205,953,485

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

190/Rains

116-906/Lone Oak ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 390,889 N/A 390,889 390,889
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 19,200 N/A 19,200 19,200
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 346,174 N/A 346,174 346,174
D2. Real Prop Farm & Ranch 203,201 N/A 203,201 203,201
E. Real Prop NonQual Acres 2,904,276 N/A 2,904,276 2,904,276
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 73,713 N/A 73,713 73,713
L1. Commercial Personal 42,721 N/A 42,721 42,721
L2. Industrial Personal 10,699 N/A 10,699 10,699
M. Other Personal 14,419 N/A 14,419 14,419
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 4,005,292 4,005,292 4,005,292
Less Total Deductions 529,623   529,623 529,623
Total Taxable Value 3,475,669 3,475,669 3,475,669 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
3,669,061 3,475,669 3,669,061 3,475,669 3,486,755 3,486,755


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
193,392 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
3,669,061 3,475,669 3,669,061 3,475,669 3,486,755 3,486,755

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

116-906/Lone Oak ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 69,984,652 N/A 69,984,652 69,984,652
B. Multi-Family Residences 269,020 N/A 269,020 269,020
C1. Vacant Lots 8,344,011 N/A 8,344,011 8,344,011
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,382,264 N/A 3,382,264 3,382,264
D2. Real Prop Farm & Ranch 8,026,452 N/A 8,026,452 8,026,452
E. Real Prop NonQual Acres 135,203,018 N/A 135,203,018 135,203,018
F1. Commercial Real 7,416,219 N/A 7,416,219 7,416,219
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 4,287,943 N/A 4,287,943 4,287,943
L1. Commercial Personal 4,434,980 N/A 4,434,980 4,434,980
L2. Industrial Personal 129,739 N/A 129,739 129,739
M. Other Personal 2,004,619 N/A 2,004,619 2,004,619
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,674,159 N/A 2,674,159 2,674,159
S. Special Inventory 24,100 N/A 24,100 24,100
Subtotal 246,181,176 246,181,176 246,181,176
Less Total Deductions 37,867,840   37,867,840 37,867,840
Total Taxable Value 208,313,336 208,313,336 208,313,336 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