taxes Property Tax Assistance

2024 ISD Summary Worksheet

New Home ISD (all splits)   Lynn County  

153-Lynn/Lynn County

153-905/New Home ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 114,723,666 N/A 114,723,666 114,723,666
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 3,306,470 N/A 3,306,470 3,306,470
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 23,435,216 N/A 23,435,216 23,435,216
D2 - FARM & RANCH IMP 19,893,964 N/A 19,893,964 19,893,964
E - NON-AG LAND AND IMPROVEMENTS 83,488,362 N/A 83,488,362 83,488,362
F1 - COMMERCIAL REAL 3,950,170 N/A 3,950,170 3,950,170
F2 - INDUSTRIAL REAL 2,250,000 N/A 2,250,000 2,250,000
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,436,530 N/A 5,436,530 5,436,530
L1 - COMMERCIAL PERSONAL 353,630 N/A 353,630 353,630
L2 - INDUSTRIAL PERSONAL 1,406,460 N/A 1,406,460 1,406,460
M1 - MOBILE HOMES 2,070,270 N/A 2,070,270 2,070,270
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 901,950 N/A 901,950 901,950
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 261,216,688 0 261,216,688 261,216,688
Less Total Deductions 67,426,722 0 67,426,722 67,426,722
Total Taxable Value 193,789,966 0 193,789,966 193,789,966

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 215,460,376 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 193,789,966 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 215,460,376 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 193,789,966 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 221,595,376 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 225,685,376 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 195,211,155 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 215,460,376 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 193,789,966 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 215,460,376 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 193,789,966 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 221,595,376 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 225,685,376 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 195,211,155 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 21,670,410 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
LOSS_PREV_INCR_HMSTD 6,135,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 4,090,000 Loss to the third most recent increase in the state-mandated 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 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 114,723,666 N/A 114,723,666 114,723,666
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 3,306,470 N/A 3,306,470 3,306,470
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 23,435,216 N/A 23,435,216 23,435,216
D2 - FARM & RANCH IMP 19,893,964 N/A 19,893,964 19,893,964
E - NON-AG LAND AND IMPROVEMENTS 83,488,362 N/A 83,488,362 83,488,362
F1 - COMMERCIAL REAL 3,950,170 N/A 3,950,170 3,950,170
F2 - INDUSTRIAL REAL 2,250,000 N/A 2,250,000 2,250,000
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,436,530 N/A 5,436,530 5,436,530
L1 - COMMERCIAL PERSONAL 353,630 N/A 353,630 353,630
L2 - INDUSTRIAL PERSONAL 1,406,460 N/A 1,406,460 1,406,460
M1 - MOBILE HOMES 2,070,270 N/A 2,070,270 2,070,270
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 901,950 N/A 901,950 901,950
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 261,216,688 261,216,688 261,216,688
Less Total Deductions 67,426,722 67,426,722 67,426,722
Total Taxable Value 193,789,966 193,789,966 193,789,966

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 215,460,376 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 193,789,966 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 215,460,376 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 193,789,966 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 221,595,376 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 225,685,376 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 195,211,155 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 215,460,376 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 193,789,966 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 215,460,376 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 193,789,966 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 221,595,376 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 225,685,376 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 195,211,155 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 21,670,410 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
LOSS_PREV_INCR_HMSTD 6,135,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 4,090,000 Loss to the third most recent increase in the state-mandated homestead exemption

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