taxes Property Tax Assistance

2025 ISD Summary Worksheet

Littlefield ISD (all splits)   Lamb County  

140-Lamb/Lamb County

140-904/Littlefield ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 186,627,480 0.9212 202,591,706 186,627,480
B - MULTIFAMILY 3,877,730 N/A 3,877,730 3,877,730
C1 - VACANT LOTS 1,251,970 N/A 1,251,970 1,251,970
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 22,055,471 1.9460 11,333,489 22,055,471
D2 - FARM & RANCH IMP 1,786,390 N/A 1,786,390 1,786,390
E - NON-AG LAND AND IMPROVEMENTS 31,841,320 0.9197 34,621,420 31,841,320
F1 - COMMERCIAL REAL 31,806,224 0.8337 38,150,682 31,806,224
F2 - INDUSTRIAL REAL 205,224,780 N/A 205,224,780 205,224,780
G - ALL MINERALS 4,850,797 N/A 4,850,797 4,850,797
J - ALL UTILITIES 53,665,811 0.9942 53,978,889 53,665,811
L1 - COMMERCIAL PERSONAL 12,891,380 N/A 12,891,380 12,891,380
L2 - INDUSTRIAL PERSONAL 43,259,220 N/A 43,259,220 43,259,220
M1 - MOBILE HOMES 3,213,470 N/A 3,213,470 3,213,470
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,670 N/A 5,670 5,670
S - SPECIAL INVENTORY 4,704,990 N/A 4,704,990 4,704,990
Subtotal 607,062,703 0 621,742,583 607,062,703
Less Total Deductions 309,312,677 0 311,712,027 309,312,677
Total Taxable Value 297,750,026 0 310,030,556 297,750,026

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 315,513,225 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 297,750,026 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 315,513,225 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 297,750,026 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 358,556,398 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 373,515,862 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 301,968,596 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
T19 384,920,252 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 304,299,598 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 478,836,465 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 461,073,266 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 478,836,465 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 461,073,266 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 521,879,638 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 536,839,102 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 465,291,836 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
T20 548,243,492 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 467,622,838 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 17,763,199 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 43,043,173 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 14,959,464 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 11,404,390 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 6,549,572 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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140-904-02/Littlefield ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 186,627,480 0.9212 202,591,706 186,627,480
B - MULTIFAMILY 3,877,730 N/A 3,877,730 3,877,730
C1 - VACANT LOTS 1,251,970 N/A 1,251,970 1,251,970
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 22,055,471 1.9460 11,333,489 22,055,471
D2 - FARM & RANCH IMP 1,786,390 N/A 1,786,390 1,786,390
E - NON-AG LAND AND IMPROVEMENTS 31,841,320 0.9197 34,621,420 31,841,320
F1 - COMMERCIAL REAL 31,806,224 0.8337 38,150,682 31,806,224
F2 - INDUSTRIAL REAL 205,224,780 N/A 205,224,780 205,224,780
G - ALL MINERALS 4,850,797 N/A 4,850,797 4,850,797
J - ALL UTILITIES 53,665,811 0.9942 53,978,889 53,665,811
L1 - COMMERCIAL PERSONAL 12,891,380 N/A 12,891,380 12,891,380
L2 - INDUSTRIAL PERSONAL 43,259,220 N/A 43,259,220 43,259,220
M1 - MOBILE HOMES 3,213,470 N/A 3,213,470 3,213,470
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,670 N/A 5,670 5,670
S - SPECIAL INVENTORY 4,704,990 N/A 4,704,990 4,704,990
Subtotal 607,062,703 621,742,583 607,062,703
Less Total Deductions 309,312,677 311,712,027 309,312,677
Total Taxable Value 297,750,026 310,030,556 297,750,026

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 315,513,225 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 297,750,026 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 315,513,225 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 297,750,026 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 358,556,398 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 373,515,862 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 301,968,596 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
T19 384,920,252 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 304,299,598 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 478,836,465 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 461,073,266 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 478,836,465 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 461,073,266 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 521,879,638 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 536,839,102 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 465,291,836 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
T20 548,243,492 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 467,622,838 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 17,763,199 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 43,043,173 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 14,959,464 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 11,404,390 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 6,549,572 Loss to the increase in the Over-65/Disabled Homestead

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