taxes Property Tax Assistance

2024 Deduction Detail

148-Lipscomb Lipscomb County

148-902/Follett ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 8,629,954 8,629,954 8,629,954
Homestead - State-Mandated Over-65 or Disabled $10,000 42,830 42,830 42,830
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 37,977 2,330,972 37,977
Homestead - 10% Appraisal Cap Loss 25,876 39,675 25,876
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 585,909 585,909 585,909
JETI Agreements 0 0 0

148-902/Follett ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 8,629,954 8,629,954 8,629,954
Homestead - State-Mandated Over-65 or Disabled $10,000 42,830 42,830 42,830
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 37,977 2,330,972 37,977
Homestead - 10% Appraisal Cap Loss 25,876 39,675 25,876
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 585,909 585,909 585,909
JETI Agreements 0 0 0
Total Deductions Allowed in PVS 9,322,546 11,629,340 9,322,546