taxes Property Tax Assistance

2018 ISD Summary Worksheet

153-Lynn

153-905/New Home ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	26,637,910	N/A	26,637,910	26,637,910
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	2,054,440	N/A	2,054,440	2,054,440
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	26,569,590	N/A	26,569,590	26,569,590
D2. REAL PROP:FARM & RANCH	4,098,870	N/A	4,098,870	4,098,870
E. REAL PROP NONQUAL ACREAGE	41,495,190	N/A	41,495,190	41,495,190
F1. COMMERCIAL REAL	790,790	N/A	790,790	790,790
F2. INDUSTRIAL REAL	2,268,770	N/A	2,268,770	2,268,770
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	5,248,920	N/A	5,248,920	5,248,920
L1. COMMERCIAL PERSONAL	247,250	N/A	247,250	247,250
L2. INDUSTRIAL PERSONAL	740,100	N/A	740,100	740,100
M. MOBILE HOMES	309,120	N/A	309,120	309,120
N. INTANGIBLE PERSONAL PROP	72,800	N/A	72,800	72,800
O. RESIDENTIAL INVENTORY	4,372,240	N/A	4,372,240	4,372,240
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	114,905,990	0	114,905,990	114,905,990
Less Total Deductions	16,277,588	0	16,277,588	16,277,588
Total Taxable Value	98,628,402	0	98,628,402	98,628,402

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
100,889,812	98,628,402	100,889,812	98,628,402

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,261,410	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
100,889,812	98,628,402	100,889,812	98,628,402

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

153-905-02/New Home ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	26,637,910	N/A	26,637,910	26,637,910
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	2,054,440	N/A	2,054,440	2,054,440
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	26,569,590	N/A	26,569,590	26,569,590
D2. REAL PROP:FARM & RANCH	4,098,870	N/A	4,098,870	4,098,870
E. REAL PROP NONQUAL ACREAGE	41,495,190	N/A	41,495,190	41,495,190
F1. COMMERCIAL REAL	790,790	N/A	790,790	790,790
F2. INDUSTRIAL REAL	2,268,770	N/A	2,268,770	2,268,770
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	5,248,920	N/A	5,248,920	5,248,920
L1. COMMERCIAL PERSONAL	247,250	N/A	247,250	247,250
L2. INDUSTRIAL PERSONAL	740,100	N/A	740,100	740,100
M. MOBILE HOMES	309,120	N/A	309,120	309,120
N. INTANGIBLE PERSONAL PROP	72,800	N/A	72,800	72,800
O. RESIDENTIAL INVENTORY	4,372,240	N/A	4,372,240	4,372,240
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	114,905,990		114,905,990	114,905,990
Less Total Deductions	16,277,588		16,277,588	16,277,588
Total Taxable Value	98,628,402		98,628,402	98,628,402

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
100,889,812	98,628,402	100,889,812	98,628,402

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,261,410	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
100,889,812	98,628,402	100,889,812	98,628,402

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