140-Lamb/Lamb County
140-904/Littlefield ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
163,013,815 |
0.8972 |
181,691,724 |
181,691,724 |
| B - MULTIFAMILY |
3,477,870 |
N/A |
3,477,870 |
3,477,870 |
| C1 - VACANT LOTS |
1,234,280 |
N/A |
1,234,280 |
1,234,280 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
20,341,215 |
1.0895 |
18,669,400 |
18,669,400 |
| D2 - FARM & RANCH IMP |
1,612,120 |
N/A |
1,612,120 |
1,612,120 |
| E - NON-AG LAND AND IMPROVEMENTS |
22,611,489 |
0.7398 |
30,564,327 |
30,564,327 |
| F1 - COMMERCIAL REAL |
31,341,745 |
0.9541 |
32,849,539 |
32,849,539 |
| F2 - INDUSTRIAL REAL |
221,622,250 |
N/A |
221,622,250 |
221,622,250 |
| G - ALL MINERALS |
5,599,840 |
N/A |
5,599,840 |
5,599,840 |
| J - ALL UTILITIES |
47,956,851 |
0.9811 |
48,880,696 |
48,880,696 |
| L1 - COMMERCIAL PERSONAL |
13,802,300 |
N/A |
13,802,300 |
13,802,300 |
| L2 - INDUSTRIAL PERSONAL |
48,995,200 |
N/A |
48,995,200 |
48,995,200 |
| M1 - MOBILE HOMES |
2,227,260 |
N/A |
2,227,260 |
2,227,260 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
5,670 |
N/A |
5,670 |
5,670 |
| S - SPECIAL INVENTORY |
2,149,110 |
N/A |
2,149,110 |
2,149,110 |
| Subtotal |
585,991,015 |
0 |
613,381,586 |
613,381,586 |
| Less Total Deductions |
305,061,267 |
0 |
311,659,393 |
311,659,393 |
| Total Taxable Value |
280,929,748 |
0 |
301,722,193 |
301,722,193 |
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
| Measure | Value | Description |
|---|
| T1 |
330,310,851 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
301,722,193 |
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 |
330,310,851 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
301,722,193 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
351,700,851 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
365,960,851 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
306,285,610 |
School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss |
VALUE TAXABLE FOR I&S PURPOSES
| Measure | Value | Description |
|---|
| T7 |
508,616,451 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
480,027,793 |
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 |
508,616,451 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
480,027,793 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
530,006,451 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
544,266,451 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
484,591,210 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
28,588,658 |
Loss to the increase in the state-mandated homestead |
| LOSS_LOCL_HMSTD |
0 |
50% of the loss to the local optional percentage homestead exemption |
| LOSS_PREV_INCR_HMSTD |
21,390,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
14,260,000 |
Loss to Second Previous Homestead Increase |
THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE
140-904-02/Littlefield ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
163,013,815 |
0.8972 |
181,691,724 |
181,691,724 |
| B - MULTIFAMILY |
3,477,870 |
N/A |
3,477,870 |
3,477,870 |
| C1 - VACANT LOTS |
1,234,280 |
N/A |
1,234,280 |
1,234,280 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
20,341,215 |
1.0895 |
18,669,400 |
18,669,400 |
| D2 - FARM & RANCH IMP |
1,612,120 |
N/A |
1,612,120 |
1,612,120 |
| E - NON-AG LAND AND IMPROVEMENTS |
22,611,489 |
0.7398 |
30,564,327 |
30,564,327 |
| F1 - COMMERCIAL REAL |
31,341,745 |
0.9541 |
32,849,539 |
32,849,539 |
| F2 - INDUSTRIAL REAL |
221,622,250 |
N/A |
221,622,250 |
221,622,250 |
| G - ALL MINERALS |
5,599,840 |
N/A |
5,599,840 |
5,599,840 |
| J - ALL UTILITIES |
47,956,851 |
0.9811 |
48,880,696 |
48,880,696 |
| L1 - COMMERCIAL PERSONAL |
13,802,300 |
N/A |
13,802,300 |
13,802,300 |
| L2 - INDUSTRIAL PERSONAL |
48,995,200 |
N/A |
48,995,200 |
48,995,200 |
| M1 - MOBILE HOMES |
2,227,260 |
N/A |
2,227,260 |
2,227,260 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
5,670 |
N/A |
5,670 |
5,670 |
| S - SPECIAL INVENTORY |
2,149,110 |
N/A |
2,149,110 |
2,149,110 |
| Subtotal |
585,991,015 |
|
613,381,586 |
613,381,586 |
| Less Total Deductions |
305,061,267 |
|
311,659,393 |
311,659,393 |
| Total Taxable Value |
280,929,748 |
|
301,722,193 |
301,722,193 |
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
| Measure | Value | Description |
|---|
| T1 |
330,310,851 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
301,722,193 |
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 |
330,310,851 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
301,722,193 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
351,700,851 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
365,960,851 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
306,285,610 |
School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss |
VALUE TAXABLE FOR I&S PURPOSES
| Measure | Value | Description |
|---|
| T7 |
508,616,451 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
480,027,793 |
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 |
508,616,451 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
480,027,793 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
530,006,451 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
544,266,451 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
484,591,210 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
28,588,658 |
Loss to the increase in the state-mandated homestead |
| LOSS_LOCL_HMSTD |
0 |
50% of the loss to the local optional percentage homestead exemption |
| LOSS_PREV_INCR_HMSTD |
21,390,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
14,260,000 |
Loss to Second Previous Homestead Increase |
