taxes Property Tax Assistance

2019 ISD Summary Worksheet

116-Hunt

116-906/Lone Oak ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	115,858,259	0.9570	121,064,011	115,858,259
B. MULTIFAMILY RESIDENCES	393,280	N/A	393,280	393,280
C1. VACANT LOTS	6,307,139	N/A	6,307,139	6,307,139
D1. QUALIFIED AG LAND	3,400,010	0.9741	3,490,253	3,400,010
D2. REAL PROP:FARM & RANCH	11,414,846	N/A	11,414,846	11,414,846
E. REAL PROP NONQUAL ACREAGE	203,564,803	0.9068	224,486,991	203,564,803
F1. COMMERCIAL REAL	7,614,713	N/A	7,614,713	7,614,713
G. OIL,GAS,MINERALS	33,205	N/A	33,205	33,205
J. UTILITIES	5,671,100	N/A	5,671,100	5,671,100
L1. COMMERCIAL PERSONAL	4,586,866	N/A	4,586,866	4,586,866
L2. INDUSTRIAL PERSONAL	80,680	N/A	80,680	80,680
M. MOBILE HOMES	3,441,965	N/A	3,441,965	3,441,965
O. RESIDENTIAL INVENTORY	934,107	N/A	934,107	934,107
S. SPECIAL INVENTORY	9,710	N/A	9,710	9,710
Subtotal	363,310,683	0	389,528,866	363,310,683
Less Total Deductions	74,375,475	0	78,249,123	74,375,475
Total Taxable Value	288,935,208	0	311,279,743	288,935,208

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
299,621,503	288,935,208	299,621,503	288,935,208

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
10,686,295	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
299,621,503	288,935,208	299,621,503	288,935,208

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

116-906-02/Lone Oak ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	115,858,259	0.9570	121,064,011	115,858,259
B. MULTIFAMILY RESIDENCES	393,280	N/A	393,280	393,280
C1. VACANT LOTS	6,307,139	N/A	6,307,139	6,307,139
D1. QUALIFIED AG LAND	3,400,010	0.9741	3,490,253	3,400,010
D2. REAL PROP:FARM & RANCH	11,414,846	N/A	11,414,846	11,414,846
E. REAL PROP NONQUAL ACREAGE	203,564,803	0.9068	224,486,991	203,564,803
F1. COMMERCIAL REAL	7,614,713	N/A	7,614,713	7,614,713
G. OIL,GAS,MINERALS	33,205	N/A	33,205	33,205
J. UTILITIES	5,671,100	N/A	5,671,100	5,671,100
L1. COMMERCIAL PERSONAL	4,586,866	N/A	4,586,866	4,586,866
L2. INDUSTRIAL PERSONAL	80,680	N/A	80,680	80,680
M. MOBILE HOMES	3,441,965	N/A	3,441,965	3,441,965
O. RESIDENTIAL INVENTORY	934,107	N/A	934,107	934,107
S. SPECIAL INVENTORY	9,710	N/A	9,710	9,710
Subtotal	363,310,683		389,528,866	363,310,683
Less Total Deductions	74,375,475		78,249,123	74,375,475
Total Taxable Value	288,935,208		311,279,743	288,935,208

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
299,621,503	288,935,208	299,621,503	288,935,208

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
10,686,295	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
299,621,503	288,935,208	299,621,503	288,935,208

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