taxes Property Tax Assistance

2021 ISD Summary Worksheet

New Home ISD (all splits)   Lynn County  

153-Lynn/Lynn County

153-905/New Home ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 65,433,830 0.9371 69,825,878 65,433,830
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 4,329,420 N/A 4,329,420 4,329,420
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 25,755,460 1.0628 24,234,293 25,755,460
D2 - FARM & RANCH IMP 7,813,950 N/A 7,813,950 7,813,950
E - NON-AG LAND AND IMPROVEMENTS 61,629,080 0.9759 63,151,020 61,629,080
F1 - COMMERCIAL REAL 5,091,950 N/A 5,091,950 5,091,950
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 4,719,020 N/A 4,719,020 4,719,020
L1 - COMMERCIAL PERSONAL 386,160 N/A 386,160 386,160
L2 - INDUSTRIAL PERSONAL 1,224,900 N/A 1,224,900 1,224,900
M1 - MOBILE HOMES 770,870 N/A 770,870 770,870
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,209,310 N/A 1,209,310 1,209,310
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 178,363,950 0 182,756,771 178,363,950
Less Total Deductions 25,190,062 0 26,722,036 25,190,062
Total Taxable Value 153,173,888 0 156,034,735 153,173,888

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's office 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 school 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 156,205,088 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 153,173,888 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 156,205,088 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 153,173,888 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 156,205,088 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 153,173,888 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 156,205,088 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 153,173,888 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,031,200 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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153-905-02/New Home ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 65,433,830 0.9371 69,825,878 65,433,830
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 4,329,420 N/A 4,329,420 4,329,420
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 25,755,460 1.0628 24,234,293 25,755,460
D2 - FARM & RANCH IMP 7,813,950 N/A 7,813,950 7,813,950
E - NON-AG LAND AND IMPROVEMENTS 61,629,080 0.9759 63,151,020 61,629,080
F1 - COMMERCIAL REAL 5,091,950 N/A 5,091,950 5,091,950
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 4,719,020 N/A 4,719,020 4,719,020
L1 - COMMERCIAL PERSONAL 386,160 N/A 386,160 386,160
L2 - INDUSTRIAL PERSONAL 1,224,900 N/A 1,224,900 1,224,900
M1 - MOBILE HOMES 770,870 N/A 770,870 770,870
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,209,310 N/A 1,209,310 1,209,310
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 178,363,950 182,756,771 178,363,950
Less Total Deductions 25,190,062 26,722,036 25,190,062
Total Taxable Value 153,173,888 156,034,735 153,173,888

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's office 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 school 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 156,205,088 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 153,173,888 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 156,205,088 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 153,173,888 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 156,205,088 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 153,173,888 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 156,205,088 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 153,173,888 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,031,200 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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