2021 Deduction Detail

152-Lubbock /Lubbock County

Deductions Allowed in PVS	Local Value	PTAD Value	Assigned Value
Homestead - State-Mandated Homestead Exemption	40,528,883	40,528,883	40,528,883
Homestead - State-Mandated Over-65 or Disabled $10,000	7,948,972	7,948,972	7,948,972
Homestead - 100% Disabled or Unemployable Veterans	1,917,165	1,917,165	1,917,165
Homestead - Disabled Veterans and Surviving Spouse	538,700	538,700	538,700
Homestead - Over-65 or Disabled Freeze Loss	34,036,923	39,558,614	34,036,923
Homestead - 10% Appraisal Cap Loss	5,316,016	5,571,760	5,316,016
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	2,124,862	2,124,862	2,124,862
Prorations	236,536	236,536	236,536
Home Donated by Charity to Disabled Veterans	0	0	0
Disaster Reappraisal Market Value Adjustment	0	0	0
Homestead - Surviving Spouse 100% Disabled	708,615	708,615	708,615
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	175,000	175,000	175,000
Homestead - State-Mandated Over-65 or Disabled $10,000	50,000	50,000	50,000
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	369,669	369,669	369,669
Homestead - 10% Appraisal Cap Loss	29,580	29,580	29,580
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	40,703,883	40,703,883	40,703,883
Homestead - State-Mandated Over-65 or Disabled $10,000	7,998,972	7,998,972	7,998,972
Homestead - 100% Disabled or Unemployable Veterans	1,917,165	1,917,165	1,917,165
Homestead - Disabled Veterans and Surviving Spouse	538,700	538,700	538,700
Homestead - Over-65 or Disabled Freeze Loss	34,406,592	39,928,283	34,406,592
Homestead - 10% Appraisal Cap Loss	5,345,596	5,601,340	5,345,596
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	2,124,862	2,124,862	2,124,862
Prorations	236,536	236,536	236,536
Home Donated by Charity to Disabled Veterans	0	0	0
Disaster Reappraisal Market Value Adjustment	0	0	0
Homestead - Surviving Spouse 100% Disabled	708,615	708,615	708,615
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	93,980,921	99,758,356	93,980,921