taxes Property Tax Assistance

2020 ISD Summary Worksheet

153-Lynn /Lynn County

153-905/New Home ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	36,389,710	N/A	36,389,710	36,389,710
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	3,086,380	N/A	3,086,380	3,086,380
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	22,902,200	N/A	22,902,200	22,902,200
D2 - FARM & RANCH IMP	5,715,460	N/A	5,715,460	5,715,460
E - NON-AG LAND AND IMPROVEMENTS	51,550,330	N/A	51,550,330	51,550,330
F1 - COMMERCIAL REAL	4,903,510	N/A	4,903,510	4,903,510
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	4,659,480	N/A	4,659,480	4,659,480
L1 - COMMERCIAL PERSONAL	252,800	N/A	252,800	252,800
L2 - INDUSTRIAL PERSONAL	771,630	N/A	771,630	771,630
M1 - MOBILE HOMES	668,520	N/A	668,520	668,520
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	12,298,110	N/A	12,298,110	12,298,110
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	143,198,130	0	143,198,130	143,198,130
Less Total Deductions	15,187,768	0	15,187,768	15,187,768
Total Taxable Value	128,010,362	0	128,010,362	128,010,362

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
130,646,682	128,010,362	130,646,682	128,010,362

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,636,320	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
130,646,682	128,010,362	130,646,682	128,010,362

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	36,389,710	N/A	36,389,710	36,389,710
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	3,086,380	N/A	3,086,380	3,086,380
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	22,902,200	N/A	22,902,200	22,902,200
D2 - FARM & RANCH IMP	5,715,460	N/A	5,715,460	5,715,460
E - NON-AG LAND AND IMPROVEMENTS	51,550,330	N/A	51,550,330	51,550,330
F1 - COMMERCIAL REAL	4,903,510	N/A	4,903,510	4,903,510
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	4,659,480	N/A	4,659,480	4,659,480
L1 - COMMERCIAL PERSONAL	252,800	N/A	252,800	252,800
L2 - INDUSTRIAL PERSONAL	771,630	N/A	771,630	771,630
M1 - MOBILE HOMES	668,520	N/A	668,520	668,520
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	12,298,110	N/A	12,298,110	12,298,110
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	143,198,130		143,198,130	143,198,130
Less Total Deductions	15,187,768		15,187,768	15,187,768
Total Taxable Value	128,010,362		128,010,362	128,010,362

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
130,646,682	128,010,362	130,646,682	128,010,362

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,636,320	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
130,646,682	128,010,362	130,646,682	128,010,362

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