taxes Property Tax Assistance

2016 ISD Summary Worksheet

073/Falls

161-907/Lorena ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 3,812,250 N/A 3,812,250 3,812,250
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) 785,470 N/A 785,470 785,470
D2. Real Prop Farm & Ranch 250,610 N/A 250,610 250,610
E. Real Prop NonQual Acres 3,544,170 N/A 3,544,170 3,544,170
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 200,280 N/A 200,280 200,280
L1. Commercial Personal 490,110 N/A 490,110 490,110
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 9,134,510 9,134,510 9,134,510
Less Total Deductions 1,879,756   1,879,756 1,879,756
Total Taxable Value 7,254,754 7,254,754 7,254,754 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
7,778,834 7,254,754 7,778,834 7,254,754


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
524,080 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
7,778,834 7,254,754 7,778,834 7,254,754

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 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 353,603,481 .9296 380,382,402 353,603,481
B. Multi-Family Residences 5,316,060 N/A 5,316,060 5,316,060
C1. Vacant Lots 6,403,060 N/A 6,403,060 6,403,060
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,736,833 1.1441 3,266,107 3,736,833
D2. Real Prop Farm & Ranch 4,558,308 N/A 4,558,308 4,558,308
E. Real Prop NonQual Acres 83,540,999 .9892 84,453,092 83,540,999
F1. Commercial Real 22,603,723 N/A 22,603,723 22,603,723
F2. Industrial Real 1,658,410 N/A 1,658,410 1,658,410
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 10,352,300 N/A 10,352,300 10,352,300
L1. Commercial Personal 42,911,710 1.1795 36,381,272 42,911,710
L2. Industrial Personal 1,155,580 N/A 1,155,580 1,155,580
M. Other Personal 2,034,430 N/A 2,034,430 2,034,430
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 724,470 N/A 724,470 724,470
S. Special Inventory 132,210 N/A 132,210 132,210
Subtotal 538,731,574 559,421,424 538,731,574
Less Total Deductions 101,627,749   109,830,724 101,627,749
Total Taxable Value 437,103,825 449,590,700 437,103,825 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
456,922,242 437,103,825 456,922,242 437,103,825


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,818,417 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
456,922,242 437,103,825 456,922,242 437,103,825

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 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 357,415,731 .9303 384,194,652 357,415,731
B. Multi-Family Residences 5,316,060 N/A 5,316,060 5,316,060
C1. Vacant Lots 6,403,060 N/A 6,403,060 6,403,060
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,522,303 1.1162 4,051,577 4,522,303
D2. Real Prop Farm & Ranch 4,808,918 N/A 4,808,918 4,808,918
E. Real Prop NonQual Acres 87,085,169 .9896 87,997,262 87,085,169
F1. Commercial Real 22,603,723 N/A 22,603,723 22,603,723
F2. Industrial Real 1,658,410 N/A 1,658,410 1,658,410
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 10,552,580 N/A 10,552,580 10,552,580
L1. Commercial Personal 43,401,820 1.1771 36,871,382 43,401,820
L2. Industrial Personal 1,155,580 N/A 1,155,580 1,155,580
M. Other Personal 2,086,050 N/A 2,086,050 2,086,050
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 724,470 N/A 724,470 724,470
S. Special Inventory 132,210 N/A 132,210 132,210
Subtotal 547,866,084 568,555,934 547,866,084
Less Total Deductions 103,507,505   111,710,480 103,507,505
Total Taxable Value 444,358,579 456,845,454 444,358,579 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