2022 Deduction Detail

152-Lubbock /Lubbock County

Deductions Allowed in PVS	Local Value	PTAD Value	Assigned Value
Homestead - State-Mandated Homestead Exemption	61,041,674	61,041,674	61,041,674
Homestead - State-Mandated Over-65 or Disabled $10,000	7,187,278	7,187,278	7,187,278
Homestead - 100% Disabled or Unemployable Veterans	1,968,509	1,968,509	1,968,509
Homestead - Disabled Veterans and Surviving Spouse	481,530	481,530	481,530
Homestead - Over-65 or Disabled Freeze Loss	28,895,030	28,895,030	28,895,030
Homestead - 10% Appraisal Cap Loss	23,631,014	23,631,014	23,631,014
Freeport	0	0	0
Pollution Control	0	0	0
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement	0	0	0
Tax Increment Financing	0	0	0
Low Income Housing, Counties Under 1.8 Million Pop	0	0	0
Solar and Wind-Powered	0	0	0
Deferred Taxes	1,674,521	1,674,521	1,674,521
Prorations	7,701	7,701	7,701
Home Donated by Charity to Disabled Veterans	0	0	0
Disaster Reappraisal Market Value Adjustment	0	0	0
Homestead - Surviving Spouse 100% Disabled	479,591	479,591	479,591
Homestead - Surviving Spouse Service Member KIA	0	0	0
Homestead - Surviving Spouse First Responder LOD	0	0	0
Loss to Special Valuation	0	0	0
Bullion Depository	0	0	0
Personal Property In Transit	0	0	0

Deductions Allowed in PVS	Local Value	PTAD Value	Assigned Value
Homestead - State-Mandated Homestead Exemption	280,000	280,000	280,000
Homestead - State-Mandated Over-65 or Disabled $10,000	60,000	60,000	60,000
Homestead - 100% Disabled or Unemployable Veterans	0	0	0
Homestead - Disabled Veterans and Surviving Spouse	0	0	0
Homestead - Over-65 or Disabled Freeze Loss	327,241	327,241	327,241
Homestead - 10% Appraisal Cap Loss	13,840	13,840	13,840
Freeport	0	0	0
Pollution Control	0	0	0
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement	0	0	0
Tax Increment Financing	0	0	0
Low Income Housing, Counties Under 1.8 Million Pop	0	0	0
Solar and Wind-Powered	0	0	0
Deferred Taxes	0	0	0
Prorations	0	0	0
Home Donated by Charity to Disabled Veterans	0	0	0
Disaster Reappraisal Market Value Adjustment	0	0	0
Homestead - Surviving Spouse 100% Disabled	0	0	0
Homestead - Surviving Spouse Service Member KIA	0	0	0
Homestead - Surviving Spouse First Responder LOD	0	0	0
Loss to Special Valuation	0	0	0
Bullion Depository	0	0	0
Personal Property In Transit	0	0	0

Deductions Allowed in PVS	Local Value	PTAD Value	Assigned Value
Homestead - State-Mandated Homestead Exemption	61,321,674	61,321,674	61,321,674
Homestead - State-Mandated Over-65 or Disabled $10,000	7,247,278	7,247,278	7,247,278
Homestead - 100% Disabled or Unemployable Veterans	1,968,509	1,968,509	1,968,509
Homestead - Disabled Veterans and Surviving Spouse	481,530	481,530	481,530
Homestead - Over-65 or Disabled Freeze Loss	29,222,271	29,222,271	29,222,271
Homestead - 10% Appraisal Cap Loss	23,644,854	23,644,854	23,644,854
Freeport	0	0	0
Pollution Control	0	0	0
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement	0	0	0
Tax Increment Financing	0	0	0
Low Income Housing, Counties Under 1.8 Million Pop	0	0	0
Solar and Wind-Powered	0	0	0
Deferred Taxes	1,674,521	1,674,521	1,674,521
Prorations	7,701	7,701	7,701
Home Donated by Charity to Disabled Veterans	0	0	0
Disaster Reappraisal Market Value Adjustment	0	0	0
Homestead - Surviving Spouse 100% Disabled	479,591	479,591	479,591
Homestead - Surviving Spouse Service Member KIA	0	0	0
Homestead - Surviving Spouse First Responder LOD	0	0	0
Loss to Special Valuation	0	0	0
Bullion Depository	0	0	0
Personal Property In Transit	0	0	0
Total Deductions Allowed in PVS	126,047,929	126,047,929	126,047,929