taxes Property Tax Assistance

2020 ISD Summary Worksheet

054-Crosby /Crosby County

054-902/Lorenzo ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	18,777,028	0.9296	20,199,040	18,777,028
B - MULTIFAMILY	221,519	N/A	221,519	221,519
C1 - VACANT LOTS	309,121	N/A	309,121	309,121
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	33,139,557	0.9582	34,585,671	33,139,557
D2 - FARM & RANCH IMP	1,302,293	N/A	1,302,293	1,302,293
E - NON-AG LAND AND IMPROVEMENTS	11,945,619	1.0220	11,688,473	11,945,619
F1 - COMMERCIAL REAL	2,771,707	N/A	2,771,707	2,771,707
F2 - INDUSTRIAL REAL	106,848,285	N/A	106,848,285	106,848,285
G - ALL MINERALS	57,899,470	1.0124	57,190,310	57,899,470
J - ALL UTILITIES	7,366,854	N/A	7,366,854	7,366,854
L1 - COMMERCIAL PERSONAL	2,915,458	N/A	2,915,458	2,915,458
L2 - INDUSTRIAL PERSONAL	13,206,132	N/A	13,206,132	13,206,132
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	2,490,594	N/A	2,490,594	2,490,594
Subtotal	259,193,637	0	261,095,457	259,193,637
Less Total Deductions	84,565,445	0	85,129,802	84,565,445
Total Taxable Value	174,628,192	0	175,965,655	174,628,192

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
176,862,936	174,628,192	176,862,936	174,628,192

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,234,744	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
252,552,793	250,318,049	252,552,793	250,318,049

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

152-Lubbock /Lubbock County

054-902/Lorenzo ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	1,749,759	N/A	1,749,759	1,749,759
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	107,231	N/A	107,231	107,231
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,747,751	N/A	5,747,751	5,747,751
D2 - FARM & RANCH IMP	42,946	N/A	42,946	42,946
E - NON-AG LAND AND IMPROVEMENTS	3,070,835	N/A	3,070,835	3,070,835
F1 - COMMERCIAL REAL	497,701	N/A	497,701	497,701
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	1,286,330	N/A	1,286,330	1,286,330
L1 - COMMERCIAL PERSONAL	286,748	N/A	286,748	286,748
L2 - INDUSTRIAL PERSONAL	183,740	N/A	183,740	183,740
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	0	N/A	0	0
Subtotal	12,973,041	0	12,973,041	12,973,041
Less Total Deductions	825,104	0	825,104	825,104
Total Taxable Value	12,147,937	0	12,147,937	12,147,937

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
12,297,937	12,147,937	12,297,937	12,147,937

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
150,000	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
12,297,937	12,147,937	12,297,937	12,147,937

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

054-902-02/Lorenzo ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	20,526,787	0.9352	21,948,799	20,526,787
B - MULTIFAMILY	221,519	N/A	221,519	221,519
C1 - VACANT LOTS	416,352	N/A	416,352	416,352
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	38,887,308	0.9641	40,333,422	38,887,308
D2 - FARM & RANCH IMP	1,345,239	N/A	1,345,239	1,345,239
E - NON-AG LAND AND IMPROVEMENTS	15,016,454	1.0174	14,759,308	15,016,454
F1 - COMMERCIAL REAL	3,269,408	N/A	3,269,408	3,269,408
F2 - INDUSTRIAL REAL	106,848,285	N/A	106,848,285	106,848,285
G - ALL MINERALS	57,899,470	1.0124	57,190,310	57,899,470
J - ALL UTILITIES	8,653,184	N/A	8,653,184	8,653,184
L1 - COMMERCIAL PERSONAL	3,202,206	N/A	3,202,206	3,202,206
L2 - INDUSTRIAL PERSONAL	13,389,872	N/A	13,389,872	13,389,872
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	2,490,594	N/A	2,490,594	2,490,594
Subtotal	272,166,678		274,068,498	272,166,678
Less Total Deductions	85,390,549		85,954,906	85,390,549
Total Taxable Value	186,776,129		188,113,592	186,776,129

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
189,160,873	186,776,129	189,160,873	186,776,129

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,384,744	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
264,850,730	262,465,986	264,850,730	262,465,986

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