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 0.9187 203,143,006 203,143,006
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 11,333,489
D2 - FARM & RANCH IMP 1,786,390 N/A 1,786,390 1,786,390
E - NON-AG LAND AND IMPROVEMENTS 31,841,320 0.8937 35,628,645 35,628,645
F1 - COMMERCIAL REAL 31,806,224 0.6374 49,899,944 49,899,944
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 53,978,889
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 0 635,050,370 635,050,370
Less Total Deductions 309,058,668 0 314,989,620 314,989,620
Total Taxable Value 298,004,035 0 320,060,750 320,060,750

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 337,823,949 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 320,060,750 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 337,823,949 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 320,060,750 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 380,867,122 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 395,826,586 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 324,231,920 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 407,230,976 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 326,610,322 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 501,147,189 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 483,383,990 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 501,147,189 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 483,383,990 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 544,190,362 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 559,149,826 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 487,555,160 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 570,554,216 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 489,933,562 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 INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT WAS NOT VALID IN THE LAST TWO STUDIES.


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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 0.9187 203,143,006 203,143,006
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 11,333,489
D2 - FARM & RANCH IMP 1,786,390 N/A 1,786,390 1,786,390
E - NON-AG LAND AND IMPROVEMENTS 31,841,320 0.8937 35,628,645 35,628,645
F1 - COMMERCIAL REAL 31,806,224 0.6374 49,899,944 49,899,944
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 53,978,889
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 607,062,703 635,050,370 635,050,370
Less Total Deductions 309,058,668 314,989,620 314,989,620
Total Taxable Value 298,004,035 320,060,750 320,060,750

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 337,823,949 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 320,060,750 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 337,823,949 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 320,060,750 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 380,867,122 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 395,826,586 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 324,231,920 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 407,230,976 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 326,610,322 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 501,147,189 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 483,383,990 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 501,147,189 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 483,383,990 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 544,190,362 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 559,149,826 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 487,555,160 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 570,554,216 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 489,933,562 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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