taxes Property Tax Assistance

2023 ISD Summary Worksheet

153-Lynn/Lynn County

153-905/New Home ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 100,768,156 0.9113 110,576,271 100,768,156
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 4,099,090 N/A 4,099,090 4,099,090
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,984,345 0.8035 24,871,429 19,984,345
D2 - FARM & RANCH IMP 10,093,724 N/A 10,093,724 10,093,724
E - NON-AG LAND AND IMPROVEMENTS 83,639,772 1.0394 80,469,282 83,639,772
F1 - COMMERCIAL REAL 6,213,810 N/A 6,213,810 6,213,810
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,309,620 N/A 5,309,620 5,309,620
L1 - COMMERCIAL PERSONAL 467,050 N/A 467,050 467,050
L2 - INDUSTRIAL PERSONAL 1,440,770 N/A 1,440,770 1,440,770
M1 - MOBILE HOMES 2,855,420 N/A 2,855,420 2,855,420
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 647,920 N/A 647,920 647,920
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 235,519,677 0 247,044,386 235,519,677
Less Total Deductions 69,103,496 0 72,816,478 69,103,496
Total Taxable Value 166,416,181 0 174,227,908 166,416,181

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 186,880,461 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 166,416,181 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 186,880,461 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 166,416,181 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 192,835,461 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 196,805,461 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 170,711,150 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 186,880,461 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 166,416,181 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 186,880,461 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 166,416,181 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 192,835,461 T13 plus the loss to the chapter 313 agreement
T16 196,805,461 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 170,711,150 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 20,464,280 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 5,955,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,970,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

153-905-02/New Home ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 100,768,156 0.9113 110,576,271 100,768,156
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 4,099,090 N/A 4,099,090 4,099,090
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,984,345 0.8035 24,871,429 19,984,345
D2 - FARM & RANCH IMP 10,093,724 N/A 10,093,724 10,093,724
E - NON-AG LAND AND IMPROVEMENTS 83,639,772 1.0394 80,469,282 83,639,772
F1 - COMMERCIAL REAL 6,213,810 N/A 6,213,810 6,213,810
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,309,620 N/A 5,309,620 5,309,620
L1 - COMMERCIAL PERSONAL 467,050 N/A 467,050 467,050
L2 - INDUSTRIAL PERSONAL 1,440,770 N/A 1,440,770 1,440,770
M1 - MOBILE HOMES 2,855,420 N/A 2,855,420 2,855,420
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 647,920 N/A 647,920 647,920
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 235,519,677 247,044,386 235,519,677
Less Total Deductions 69,103,496 72,816,478 69,103,496
Total Taxable Value 166,416,181 174,227,908 166,416,181

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 186,880,461 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 166,416,181 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 186,880,461 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 166,416,181 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 192,835,461 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 196,805,461 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 170,711,150 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 186,880,461 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 166,416,181 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 186,880,461 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 166,416,181 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 192,835,461 T13 plus the loss to the chapter 313 agreement
T16 196,805,461 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 170,711,150 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 20,464,280 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 5,955,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,970,000 Loss to Second Previous Homestead Increase