taxes Property Tax Assistance

2019 ISD Summary Worksheet

153-Lynn

153-905/New Home ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 33,711,170 0.9554 35,284,875 33,711,170
C1. VACANT LOTS 2,320,040 N/A 2,320,040 2,320,040
D1. QUALIFIED AG LAND 24,904,694 1.0645 23,396,499 24,904,694
D2. REAL PROP:FARM & RANCH 6,022,810 N/A 6,022,810 6,022,810
E. REAL PROP NONQUAL ACREAGE 47,443,150 1.0458 45,365,414 47,443,150
F1. COMMERCIAL REAL 2,462,790 N/A 2,462,790 2,462,790
F2. INDUSTRIAL REAL 2,405,660 N/A 2,405,660 2,405,660
J. UTILITIES 4,107,410 N/A 4,107,410 4,107,410
L1. COMMERCIAL PERSONAL 248,410 N/A 248,410 248,410
L2. INDUSTRIAL PERSONAL 700,540 N/A 700,540 700,540
M. MOBILE HOMES 544,760 N/A 544,760 544,760
O. RESIDENTIAL INVENTORY 5,786,050 N/A 5,786,050 5,786,050
Subtotal 130,657,484 0 128,645,258 130,657,484
Less Total Deductions 15,908,178 0 16,601,601 15,908,178
Total Taxable Value 114,749,306 0 112,043,657 114,749,306

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
117,192,976 114,749,306 117,192,976 114,749,306


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,443,670 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
117,192,976 114,749,306 117,192,976 114,749,306

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

153-905-02/New Home ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 33,711,170 0.9554 35,284,875 33,711,170
C1. VACANT LOTS 2,320,040 N/A 2,320,040 2,320,040
D1. QUALIFIED AG LAND 24,904,694 1.0645 23,396,499 24,904,694
D2. REAL PROP:FARM & RANCH 6,022,810 N/A 6,022,810 6,022,810
E. REAL PROP NONQUAL ACREAGE 47,443,150 1.0458 45,365,414 47,443,150
F1. COMMERCIAL REAL 2,462,790 N/A 2,462,790 2,462,790
F2. INDUSTRIAL REAL 2,405,660 N/A 2,405,660 2,405,660
J. UTILITIES 4,107,410 N/A 4,107,410 4,107,410
L1. COMMERCIAL PERSONAL 248,410 N/A 248,410 248,410
L2. INDUSTRIAL PERSONAL 700,540 N/A 700,540 700,540
M. MOBILE HOMES 544,760 N/A 544,760 544,760
O. RESIDENTIAL INVENTORY 5,786,050 N/A 5,786,050 5,786,050
Subtotal 130,657,484 128,645,258 130,657,484
Less Total Deductions 15,908,178 16,601,601 15,908,178
Total Taxable Value 114,749,306 112,043,657 114,749,306

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
117,192,976 114,749,306 117,192,976 114,749,306


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,443,670 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
117,192,976 114,749,306 117,192,976 114,749,306

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