taxes Property Tax Assistance

2025 ISD Summary Worksheet

Lovelady ISD (all splits)   Houston County  

113-Houston/Houston County

113-903/Lovelady ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 64,214,590 N/A 64,214,590 64,214,590
B - MULTIFAMILY 351,100 N/A 351,100 351,100
C1 - VACANT LOTS 4,890,400 N/A 4,890,400 4,890,400
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 24,730,250 N/A 24,730,250 24,730,250
D2 - FARM & RANCH IMP 52,756,430 N/A 52,756,430 52,756,430
E - NON-AG LAND AND IMPROVEMENTS 184,458,340 N/A 184,458,340 184,458,340
F1 - COMMERCIAL REAL 5,613,133 N/A 5,613,133 5,613,133
F2 - INDUSTRIAL REAL 1,398,720 N/A 1,398,720 1,398,720
G - ALL MINERALS 35,692,570 N/A 35,692,570 35,692,570
J - ALL UTILITIES 178,904,060 N/A 178,904,060 178,904,060
L1 - COMMERCIAL PERSONAL 2,910,720 N/A 2,910,720 2,910,720
L2 - INDUSTRIAL PERSONAL 11,264,250 N/A 11,264,250 11,264,250
M1 - MOBILE HOMES 17,011,880 N/A 17,011,880 17,011,880
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 584,196,443 0 584,196,443 584,196,443
Less Total Deductions 145,241,180 0 145,241,180 145,241,180
Total Taxable Value 438,955,263 0 438,955,263 438,955,263

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 459,333,393 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 438,955,263 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 459,333,393 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 438,955,263 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 499,968,307 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 511,578,642 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 438,955,263 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 519,630,005 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 447,500,284 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 459,333,393 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 438,955,263 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 459,333,393 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 438,955,263 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 499,968,307 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 511,578,642 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 438,955,263 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 519,630,005 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 447,500,284 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 20,378,130 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 40,634,914 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 11,610,335 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 8,051,363 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 8,545,021 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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113-903-02/Lovelady ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 64,214,590 N/A 64,214,590 64,214,590
B - MULTIFAMILY 351,100 N/A 351,100 351,100
C1 - VACANT LOTS 4,890,400 N/A 4,890,400 4,890,400
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 24,730,250 N/A 24,730,250 24,730,250
D2 - FARM & RANCH IMP 52,756,430 N/A 52,756,430 52,756,430
E - NON-AG LAND AND IMPROVEMENTS 184,458,340 N/A 184,458,340 184,458,340
F1 - COMMERCIAL REAL 5,613,133 N/A 5,613,133 5,613,133
F2 - INDUSTRIAL REAL 1,398,720 N/A 1,398,720 1,398,720
G - ALL MINERALS 35,692,570 N/A 35,692,570 35,692,570
J - ALL UTILITIES 178,904,060 N/A 178,904,060 178,904,060
L1 - COMMERCIAL PERSONAL 2,910,720 N/A 2,910,720 2,910,720
L2 - INDUSTRIAL PERSONAL 11,264,250 N/A 11,264,250 11,264,250
M1 - MOBILE HOMES 17,011,880 N/A 17,011,880 17,011,880
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 584,196,443 584,196,443 584,196,443
Less Total Deductions 145,241,180 145,241,180 145,241,180
Total Taxable Value 438,955,263 438,955,263 438,955,263

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 459,333,393 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 438,955,263 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 459,333,393 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 438,955,263 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 499,968,307 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 511,578,642 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 438,955,263 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 519,630,005 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 447,500,284 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 459,333,393 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 438,955,263 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 459,333,393 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 438,955,263 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 499,968,307 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 511,578,642 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 438,955,263 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 519,630,005 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 447,500,284 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 20,378,130 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 40,634,914 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 11,610,335 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 8,051,363 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 8,545,021 Loss to the increase in the Over-65/Disabled Homestead

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