taxes Property Tax Assistance

2021 ISD Summary Worksheet

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 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
156,205,088	153,173,888	156,205,088	153,173,888

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,031,200	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
156,205,088	153,173,888	156,205,088	153,173,888

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	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 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
156,205,088	153,173,888	156,205,088	153,173,888

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,031,200	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
156,205,088	153,173,888	156,205,088	153,173,888

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