taxes Property Tax Assistance

2021 ISD Summary Worksheet

054-Crosby /Crosby County

054-902/Lorenzo ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 19,550,700 N/A 19,550,700 19,550,700
B - MULTIFAMILY 208,458 N/A 208,458 208,458
C1 - VACANT LOTS 305,832 N/A 305,832 305,832
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 32,028,122 N/A 32,028,122 32,028,122
D2 - FARM & RANCH IMP 1,436,190 N/A 1,436,190 1,436,190
E - NON-AG LAND AND IMPROVEMENTS 12,218,841 N/A 12,218,841 12,218,841
F1 - COMMERCIAL REAL 2,786,273 N/A 2,786,273 2,786,273
F2 - INDUSTRIAL REAL 99,141,907 N/A 99,141,907 99,141,907
G - ALL MINERALS 29,411,226 N/A 29,411,226 29,411,226
J - ALL UTILITIES 7,914,670 N/A 7,914,670 7,914,670
L1 - COMMERCIAL PERSONAL 2,951,326 N/A 2,951,326 2,951,326
L2 - INDUSTRIAL PERSONAL 11,734,339 N/A 11,734,339 11,734,339
M1 - MOBILE HOMES 0 N/A 0 0
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 2,505,279 N/A 2,505,279 2,505,279
Subtotal 222,193,163 0 222,193,163 222,193,163
Less Total Deductions 77,203,624 0 77,203,624 77,203,624
Total Taxable Value 144,989,539 0 144,989,539 144,989,539

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
147,298,108 144,989,539 147,298,108 144,989,539


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,308,569 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
215,293,613 212,985,044 215,293,613 212,985,044

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

152-Lubbock /Lubbock County

054-902/Lorenzo ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 1,966,023 N/A 1,966,023 1,966,023
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 109,596 N/A 109,596 109,596
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,591,321 N/A 5,591,321 5,591,321
D2 - FARM & RANCH IMP 96,675 N/A 96,675 96,675
E - NON-AG LAND AND IMPROVEMENTS 3,001,629 N/A 3,001,629 3,001,629
F1 - COMMERCIAL REAL 455,815 N/A 455,815 455,815
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,371,580 N/A 1,371,580 1,371,580
L1 - COMMERCIAL PERSONAL 386,634 N/A 386,634 386,634
L2 - INDUSTRIAL PERSONAL 144,840 N/A 144,840 144,840
M1 - MOBILE HOMES 0 N/A 0 0
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 13,124,113 0 13,124,113 13,124,113
Less Total Deductions 804,773 0 804,773 804,773
Total Taxable Value 12,319,340 0 12,319,340 12,319,340

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
12,469,340 12,319,340 12,469,340 12,319,340


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
150,000 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
12,469,340 12,319,340 12,469,340 12,319,340

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

054-902-02/Lorenzo ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 21,516,723 N/A 21,516,723 21,516,723
B - MULTIFAMILY 208,458 N/A 208,458 208,458
C1 - VACANT LOTS 415,428 N/A 415,428 415,428
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 37,619,443 N/A 37,619,443 37,619,443
D2 - FARM & RANCH IMP 1,532,865 N/A 1,532,865 1,532,865
E - NON-AG LAND AND IMPROVEMENTS 15,220,470 N/A 15,220,470 15,220,470
F1 - COMMERCIAL REAL 3,242,088 N/A 3,242,088 3,242,088
F2 - INDUSTRIAL REAL 99,141,907 N/A 99,141,907 99,141,907
G - ALL MINERALS 29,411,226 N/A 29,411,226 29,411,226
J - ALL UTILITIES 9,286,250 N/A 9,286,250 9,286,250
L1 - COMMERCIAL PERSONAL 3,337,960 N/A 3,337,960 3,337,960
L2 - INDUSTRIAL PERSONAL 11,879,179 N/A 11,879,179 11,879,179
M1 - MOBILE HOMES 0 N/A 0 0
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 2,505,279 N/A 2,505,279 2,505,279
Subtotal 235,317,276 235,317,276 235,317,276
Less Total Deductions 78,008,397 78,008,397 78,008,397
Total Taxable Value 157,308,879 157,308,879 157,308,879

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
159,767,448 157,308,879 159,767,448 157,308,879


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,458,569 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
227,762,953 225,304,384 227,762,953 225,304,384

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