taxes Property Tax Assistance

2019 ISD Summary Worksheet

161-McLennan

161-907/Lorena ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	487,641,480	N/A	487,641,480	487,641,480
B. MULTIFAMILY RESIDENCES	6,030,240	N/A	6,030,240	6,030,240
C1. VACANT LOTS	8,530,160	N/A	8,530,160	8,530,160
D1. QUALIFIED AG LAND	3,913,834	N/A	3,913,834	3,913,834
D2. REAL PROP:FARM & RANCH	3,861,732	N/A	3,861,732	3,861,732
E. REAL PROP NONQUAL ACREAGE	112,172,137	N/A	112,172,137	112,172,137
F1. COMMERCIAL REAL	27,931,599	N/A	27,931,599	27,931,599
F2. INDUSTRIAL REAL	1,485,930	N/A	1,485,930	1,485,930
J. UTILITIES	12,603,350	N/A	12,603,350	12,603,350
L1. COMMERCIAL PERSONAL	33,548,240	N/A	33,548,240	33,548,240
L2. INDUSTRIAL PERSONAL	1,540,680	N/A	1,540,680	1,540,680
M. MOBILE HOMES	2,336,730	N/A	2,336,730	2,336,730
O. RESIDENTIAL INVENTORY	107,680	N/A	107,680	107,680
S. SPECIAL INVENTORY	179,320	N/A	179,320	179,320
Subtotal	701,883,112	0	701,883,112	701,883,112
Less Total Deductions	134,397,752	0	134,397,752	134,397,752
Total Taxable Value	567,485,360	0	567,485,360	567,485,360

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
588,156,024	567,485,360	588,156,024	567,485,360

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
20,670,664	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
588,156,024	567,485,360	588,156,024	567,485,360

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

161-907-02/Lorena ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	487,641,480	N/A	487,641,480	487,641,480
B. MULTIFAMILY RESIDENCES	6,030,240	N/A	6,030,240	6,030,240
C1. VACANT LOTS	8,530,160	N/A	8,530,160	8,530,160
D1. QUALIFIED AG LAND	3,913,834	N/A	3,913,834	3,913,834
D2. REAL PROP:FARM & RANCH	3,861,732	N/A	3,861,732	3,861,732
E. REAL PROP NONQUAL ACREAGE	112,172,137	N/A	112,172,137	112,172,137
F1. COMMERCIAL REAL	27,931,599	N/A	27,931,599	27,931,599
F2. INDUSTRIAL REAL	1,485,930	N/A	1,485,930	1,485,930
J. UTILITIES	12,603,350	N/A	12,603,350	12,603,350
L1. COMMERCIAL PERSONAL	33,548,240	N/A	33,548,240	33,548,240
L2. INDUSTRIAL PERSONAL	1,540,680	N/A	1,540,680	1,540,680
M. MOBILE HOMES	2,336,730	N/A	2,336,730	2,336,730
O. RESIDENTIAL INVENTORY	107,680	N/A	107,680	107,680
S. SPECIAL INVENTORY	179,320	N/A	179,320	179,320
Subtotal	701,883,112		701,883,112	701,883,112
Less Total Deductions	134,397,752		134,397,752	134,397,752
Total Taxable Value	567,485,360		567,485,360	567,485,360

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
588,156,024	567,485,360	588,156,024	567,485,360

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
20,670,664	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
588,156,024	567,485,360	588,156,024	567,485,360

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