taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

073/Falls

161-907/Lorena ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 3,753,340 N/A 3,753,340 3,753,340
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 776,260 N/A 776,260 776,260
D2. Real Prop Farm & Ranch 286,440 N/A 286,440 286,440
E. Real Prop NonQual Acres 3,169,230 N/A 3,169,230 3,169,230
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 160,260 N/A 160,260 160,260
L1. Commercial Personal 996,560 N/A 996,560 996,560
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 51,620 N/A 51,620 51,620
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 9,193,710 9,193,710 9,193,710
Less Total Deductions 1,729,551   1,729,551 1,729,551
Total Taxable Value 7,464,159 7,464,159 7,464,159 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
7,960,379 7,464,159 7,960,379 7,464,159


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
496,220 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
7,960,379 7,464,159 7,960,379 7,464,159

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

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 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 332,721,084 N/A 332,721,084 332,721,084
B. Multi-Family Residences 5,294,427 N/A 5,294,427 5,294,427
C1. Vacant Lots 5,146,425 N/A 5,146,425 5,146,425
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,675,052 N/A 3,675,052 3,675,052
D2. Real Prop Farm & Ranch 4,257,865 N/A 4,257,865 4,257,865
E. Real Prop NonQual Acres 76,958,383 N/A 76,958,383 76,958,383
F1. Commercial Real 21,948,846 N/A 21,948,846 21,948,846
F2. Industrial Real 1,666,240 N/A 1,666,240 1,666,240
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 10,204,730 N/A 10,204,730 10,204,730
L1. Commercial Personal 58,304,630 N/A 58,304,630 58,304,630
L2. Industrial Personal 1,147,640 N/A 1,147,640 1,147,640
M. Other Personal 2,125,920 N/A 2,125,920 2,125,920
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,123,550 N/A 1,123,550 1,123,550
S. Special Inventory 111,440 N/A 111,440 111,440
Subtotal 524,686,232 524,686,232 524,686,232
Less Total Deductions 93,839,576   93,839,576 93,839,576
Total Taxable Value 430,846,656 430,846,656 430,846,656 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
450,418,719 430,846,656 450,418,719 430,846,656


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,572,063 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
450,418,719 430,846,656 450,418,719 430,846,656

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

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

161-907/Lorena ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 336,474,424 N/A 336,474,424 336,474,424
B. Multi-Family Residences 5,294,427 N/A 5,294,427 5,294,427
C1. Vacant Lots 5,146,425 N/A 5,146,425 5,146,425
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,451,312 N/A 4,451,312 4,451,312
D2. Real Prop Farm & Ranch 4,544,305 N/A 4,544,305 4,544,305
E. Real Prop NonQual Acres 80,127,613 N/A 80,127,613 80,127,613
F1. Commercial Real 21,948,846 N/A 21,948,846 21,948,846
F2. Industrial Real 1,666,240 N/A 1,666,240 1,666,240
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 10,364,990 N/A 10,364,990 10,364,990
L1. Commercial Personal 59,301,190 N/A 59,301,190 59,301,190
L2. Industrial Personal 1,147,640 N/A 1,147,640 1,147,640
M. Other Personal 2,177,540 N/A 2,177,540 2,177,540
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,123,550 N/A 1,123,550 1,123,550
S. Special Inventory 111,440 N/A 111,440 111,440
Subtotal 533,879,942 533,879,942 533,879,942
Less Total Deductions 95,569,127   95,569,127 95,569,127
Total Taxable Value 438,310,815 438,310,815 438,310,815 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