taxes Property Tax Assistance

2025 ISD Summary Worksheet

Lockhart ISD (all splits)   Caldwell County  

028-Caldwell/Caldwell County

028-902/Lockhart ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 1,902,695,485 N/A 1,902,695,485 1,902,695,485
B - MULTIFAMILY 160,862,275 N/A 160,862,275 160,862,275
C1 - VACANT LOTS 116,029,261 N/A 116,029,261 116,029,261
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,020,988 N/A 14,020,988 14,020,988
D2 - FARM & RANCH IMP 33,480,708 N/A 33,480,708 33,480,708
E - NON-AG LAND AND IMPROVEMENTS 1,810,131,992 N/A 1,810,131,992 1,810,131,992
F1 - COMMERCIAL REAL 491,682,567 N/A 491,682,567 491,682,567
F2 - INDUSTRIAL REAL 27,551,468 N/A 27,551,468 27,551,468
G - ALL MINERALS 16,493,651 N/A 16,493,651 16,493,651
J - ALL UTILITIES 226,382,190 N/A 226,382,190 226,382,190
L1 - COMMERCIAL PERSONAL 97,379,338 N/A 97,379,338 97,379,338
L2 - INDUSTRIAL PERSONAL 75,922,890 N/A 75,922,890 75,922,890
M1 - MOBILE HOMES 118,657,041 N/A 118,657,041 118,657,041
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 48,894,313 N/A 48,894,313 48,894,313
S - SPECIAL INVENTORY 4,621,580 N/A 4,621,580 4,621,580
Subtotal 5,144,805,747 0 5,144,805,747 5,144,805,747
Less Total Deductions 1,321,111,976 0 1,321,111,976 1,321,111,976
Total Taxable Value 3,823,693,771 0 3,823,693,771 3,823,693,771

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 4,029,823,717 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,823,693,771 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 4,029,823,717 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,823,693,771 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 4,384,267,055 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 4,481,714,459 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 3,893,531,149 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 4,547,981,302 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 3,916,402,216 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 4,029,823,717 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,823,693,771 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 4,029,823,717 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,823,693,771 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 4,384,267,055 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 4,481,714,459 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 3,893,531,149 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 4,547,981,302 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 3,916,402,216 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 206,129,946 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 354,443,338 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 97,447,404 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 66,266,843 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 92,708,445 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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028-902-02/Lockhart ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 1,902,695,485 N/A 1,902,695,485 1,902,695,485
B - MULTIFAMILY 160,862,275 N/A 160,862,275 160,862,275
C1 - VACANT LOTS 116,029,261 N/A 116,029,261 116,029,261
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,020,988 N/A 14,020,988 14,020,988
D2 - FARM & RANCH IMP 33,480,708 N/A 33,480,708 33,480,708
E - NON-AG LAND AND IMPROVEMENTS 1,810,131,992 N/A 1,810,131,992 1,810,131,992
F1 - COMMERCIAL REAL 491,682,567 N/A 491,682,567 491,682,567
F2 - INDUSTRIAL REAL 27,551,468 N/A 27,551,468 27,551,468
G - ALL MINERALS 16,493,651 N/A 16,493,651 16,493,651
J - ALL UTILITIES 226,382,190 N/A 226,382,190 226,382,190
L1 - COMMERCIAL PERSONAL 97,379,338 N/A 97,379,338 97,379,338
L2 - INDUSTRIAL PERSONAL 75,922,890 N/A 75,922,890 75,922,890
M1 - MOBILE HOMES 118,657,041 N/A 118,657,041 118,657,041
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 48,894,313 N/A 48,894,313 48,894,313
S - SPECIAL INVENTORY 4,621,580 N/A 4,621,580 4,621,580
Subtotal 5,144,805,747 5,144,805,747 5,144,805,747
Less Total Deductions 1,321,111,976 1,321,111,976 1,321,111,976
Total Taxable Value 3,823,693,771 3,823,693,771 3,823,693,771

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 4,029,823,717 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,823,693,771 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 4,029,823,717 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,823,693,771 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 4,384,267,055 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 4,481,714,459 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 3,893,531,149 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 4,547,981,302 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 3,916,402,216 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 4,029,823,717 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,823,693,771 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 4,029,823,717 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,823,693,771 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 4,384,267,055 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 4,481,714,459 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 3,893,531,149 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 4,547,981,302 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 3,916,402,216 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 206,129,946 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 354,443,338 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 97,447,404 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 66,266,843 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 92,708,445 Loss to the increase in the Over-65/Disabled Homestead

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