taxes Property Tax Assistance

2024 Deduction Detail

054-Crosby Crosby County

054-902/Lorenzo ISD

Deductions Allowed in SDPVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 19,053,142 19,053,142 19,053,142
Homestead - State-Mandated Over-65 or Disabled 347,520 347,520 347,520
Homestead - 100% Disabled or Unemployable Veterans 147,893 147,893 147,893
Homestead - Disabled Veterans and Surviving Spouse 64,294 64,294 64,294
Homestead - Over-65 or Disabled Freeze Loss 965,058 1,201,903 965,058
Homestead - 10% Appraisal Cap Loss 2,767,959 2,907,825 2,767,959
Freeport 0 0 0
Pollution Control 0 0 0
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 33,632,610 33,632,610 33,632,610
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 1,632 1,632 1,632
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
Medical or Biomedical 0 0 0
Loss to Non-Homestead Cap 2,838,145 2,838,145 2,838,145
JETI Agreements 0 0 0

152-Lubbock Lubbock County

054-902/Lorenzo ISD

Deductions Allowed in SDPVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 1,718,050 1,718,050 1,718,050
Homestead - State-Mandated Over-65 or Disabled 80,000 80,000 80,000
Homestead - 100% Disabled or Unemployable Veterans 0 0 0
Homestead - Disabled Veterans and Surviving Spouse 12,000 12,000 12,000
Homestead - Over-65 or Disabled Freeze Loss 366,145 366,145 366,145
Homestead - 10% Appraisal Cap Loss 73,181 73,181 73,181
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
Medical or Biomedical 0 0 0
Loss to Non-Homestead Cap 612,687 612,687 612,687
JETI Agreements 0 0 0

054-902/Lorenzo ISD

Deductions Allowed in SDPVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 20,771,192 20,771,192 20,771,192
Homestead - State-Mandated Over-65 or Disabled 427,520 427,520 427,520
Homestead - 100% Disabled or Unemployable Veterans 147,893 147,893 147,893
Homestead - Disabled Veterans and Surviving Spouse 76,294 76,294 76,294
Homestead - Over-65 or Disabled Freeze Loss 1,331,203 1,568,048 1,331,203
Homestead - 10% Appraisal Cap Loss 2,841,140 2,981,006 2,841,140
Freeport 0 0 0
Pollution Control 0 0 0
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 33,632,610 33,632,610 33,632,610
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 1,632 1,632 1,632
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
Medical or Biomedical 0 0 0
Loss to Non-Homestead Cap 3,450,832 3,450,832 3,450,832
JETI Agreements 0 0 0
Total Deductions Allowed in SDPVS 62,680,316 63,057,027 62,680,316