taxes Property Tax Assistance

2024 Deduction Detail

153-Lynn Lynn County

153-905/New Home ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 38,030,410 38,030,410 38,030,410
Homestead - State-Mandated Over-65 or Disabled $10,000 776,990 776,990 776,990
Homestead - 100% Disabled or Unemployable Veterans 3,663,870 3,663,870 3,663,870
Homestead - Disabled Veterans and Surviving Spouse 96,000 96,000 96,000
Homestead - Over-65 or Disabled Freeze Loss 7,880,882 7,880,882 7,880,882
Homestead - 10% Appraisal Cap Loss 10,996,410 10,996,410 10,996,410
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 395,590 395,590 395,590
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 5,586,570 5,586,570 5,586,570
JETI Agreements 0 0 0

153-905/New Home ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 38,030,410 38,030,410 38,030,410
Homestead - State-Mandated Over-65 or Disabled $10,000 776,990 776,990 776,990
Homestead - 100% Disabled or Unemployable Veterans 3,663,870 3,663,870 3,663,870
Homestead - Disabled Veterans and Surviving Spouse 96,000 96,000 96,000
Homestead - Over-65 or Disabled Freeze Loss 7,880,882 7,880,882 7,880,882
Homestead - 10% Appraisal Cap Loss 10,996,410 10,996,410 10,996,410
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 395,590 395,590 395,590
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 5,586,570 5,586,570 5,586,570
JETI Agreements 0 0 0
Total Deductions Allowed in PVS 67,426,722 67,426,722 67,426,722