taxes Property Tax Assistance

2022 ISD Summary Worksheet

054-Crosby/Crosby County

054-902/Lorenzo ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	22,259,828	0.8377	26,572,553	22,259,828
B - MULTIFAMILY	259,240	N/A	259,240	259,240
C1 - VACANT LOTS	335,017	N/A	335,017	335,017
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	28,055,295	0.9128	30,734,916	28,055,295
D2 - FARM & RANCH IMP	1,476,237	N/A	1,476,237	1,476,237
E - NON-AG LAND AND IMPROVEMENTS	14,078,189	1.0899	12,916,955	14,078,189
F1 - COMMERCIAL REAL	2,812,272	N/A	2,812,272	2,812,272
F2 - INDUSTRIAL REAL	92,159,464	N/A	92,159,464	92,159,464
G - ALL MINERALS	52,272,463	1.0985	47,585,310	52,272,463
J - ALL UTILITIES	7,400,385	N/A	7,400,385	7,400,385
L1 - COMMERCIAL PERSONAL	3,166,714	N/A	3,166,714	3,166,714
L2 - INDUSTRIAL PERSONAL	13,718,872	N/A	13,718,872	13,718,872
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	2,951,215	N/A	2,951,215	2,951,215
Subtotal	240,945,191	0	242,089,150	240,945,191
Less Total Deductions	73,427,299	0	75,227,534	73,427,299
Total Taxable Value	167,517,892	0	166,861,616	167,517,892

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	T13
170,365,791	167,517,892	170,365,791	167,517,892	173,085,791

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
2,847,899	0	2,720,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
230,994,591	228,146,692	230,994,591	228,146,692	233,714,591

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	1,241,673	N/A	1,241,673	1,241,673
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	121,103	N/A	121,103	121,103
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,599,787	N/A	5,599,787	5,599,787
D2 - FARM & RANCH IMP	91,635	N/A	91,635	91,635
E - NON-AG LAND AND IMPROVEMENTS	4,433,524	N/A	4,433,524	4,433,524
F1 - COMMERCIAL REAL	476,209	N/A	476,209	476,209
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	1,383,690	N/A	1,383,690	1,383,690
L1 - COMMERCIAL PERSONAL	420,210	N/A	420,210	420,210
L2 - INDUSTRIAL PERSONAL	195,090	N/A	195,090	195,090
M1 - MOBILE HOMES	30,290	N/A	30,290	30,290
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	13,993,211	0	13,993,211	13,993,211
Less Total Deductions	1,285,168	0	1,285,168	1,285,168
Total Taxable Value	12,708,043	0	12,708,043	12,708,043

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	T13
13,005,900	12,708,043	13,005,900	12,708,043	13,215,900

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
297,857	0	210,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
13,005,900	12,708,043	13,005,900	12,708,043	13,215,900

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

054-902-02/Lorenzo ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	23,501,501	0.8449	27,814,226	23,501,501
B - MULTIFAMILY	259,240	N/A	259,240	259,240
C1 - VACANT LOTS	456,120	N/A	456,120	456,120
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	33,655,082	0.9263	36,334,703	33,655,082
D2 - FARM & RANCH IMP	1,567,872	N/A	1,567,872	1,567,872
E - NON-AG LAND AND IMPROVEMENTS	18,511,713	1.0669	17,350,479	18,511,713
F1 - COMMERCIAL REAL	3,288,481	N/A	3,288,481	3,288,481
F2 - INDUSTRIAL REAL	92,159,464	N/A	92,159,464	92,159,464
G - ALL MINERALS	52,272,463	1.0985	47,585,310	52,272,463
J - ALL UTILITIES	8,784,075	N/A	8,784,075	8,784,075
L1 - COMMERCIAL PERSONAL	3,586,924	N/A	3,586,924	3,586,924
L2 - INDUSTRIAL PERSONAL	13,913,962	N/A	13,913,962	13,913,962
M1 - MOBILE HOMES	30,290	N/A	30,290	30,290
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	2,951,215	N/A	2,951,215	2,951,215
Subtotal	254,938,402		256,082,361	254,938,402
Less Total Deductions	74,712,467		76,512,702	74,712,467
Total Taxable Value	180,225,935		179,569,659	180,225,935

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	T13
183,371,691	180,225,935	183,371,691	180,225,935	186,301,691

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
3,145,756	0	2,930,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
244,000,491	240,854,735	244,000,491	240,854,735	246,930,491

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement