taxes Property Tax Assistance

2019 ISD Summary Worksheet

153-Lynn

153-905/New Home ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	33,711,170	0.9554	35,284,875	33,711,170
C1. VACANT LOTS	2,320,040	N/A	2,320,040	2,320,040
D1. QUALIFIED AG LAND	24,904,694	1.0645	23,396,499	24,904,694
D2. REAL PROP:FARM & RANCH	6,022,810	N/A	6,022,810	6,022,810
E. REAL PROP NONQUAL ACREAGE	47,443,150	1.0458	45,365,414	47,443,150
F1. COMMERCIAL REAL	2,462,790	N/A	2,462,790	2,462,790
F2. INDUSTRIAL REAL	2,405,660	N/A	2,405,660	2,405,660
J. UTILITIES	4,107,410	N/A	4,107,410	4,107,410
L1. COMMERCIAL PERSONAL	248,410	N/A	248,410	248,410
L2. INDUSTRIAL PERSONAL	700,540	N/A	700,540	700,540
M. MOBILE HOMES	544,760	N/A	544,760	544,760
O. RESIDENTIAL INVENTORY	5,786,050	N/A	5,786,050	5,786,050
Subtotal	130,657,484	0	128,645,258	130,657,484
Less Total Deductions	15,908,178	0	16,601,601	15,908,178
Total Taxable Value	114,749,306	0	112,043,657	114,749,306

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
117,192,976	114,749,306	117,192,976	114,749,306

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,443,670	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
117,192,976	114,749,306	117,192,976	114,749,306

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	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	33,711,170	0.9554	35,284,875	33,711,170
C1. VACANT LOTS	2,320,040	N/A	2,320,040	2,320,040
D1. QUALIFIED AG LAND	24,904,694	1.0645	23,396,499	24,904,694
D2. REAL PROP:FARM & RANCH	6,022,810	N/A	6,022,810	6,022,810
E. REAL PROP NONQUAL ACREAGE	47,443,150	1.0458	45,365,414	47,443,150
F1. COMMERCIAL REAL	2,462,790	N/A	2,462,790	2,462,790
F2. INDUSTRIAL REAL	2,405,660	N/A	2,405,660	2,405,660
J. UTILITIES	4,107,410	N/A	4,107,410	4,107,410
L1. COMMERCIAL PERSONAL	248,410	N/A	248,410	248,410
L2. INDUSTRIAL PERSONAL	700,540	N/A	700,540	700,540
M. MOBILE HOMES	544,760	N/A	544,760	544,760
O. RESIDENTIAL INVENTORY	5,786,050	N/A	5,786,050	5,786,050
Subtotal	130,657,484		128,645,258	130,657,484
Less Total Deductions	15,908,178		16,601,601	15,908,178
Total Taxable Value	114,749,306		112,043,657	114,749,306

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
117,192,976	114,749,306	117,192,976	114,749,306

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,443,670	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
117,192,976	114,749,306	117,192,976	114,749,306

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