taxes Property Tax Assistance

2025 ISD Summary Worksheet

New Home ISD (all splits)   Lynn County  

153-Lynn/Lynn County

153-905/New Home ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 154,407,610 1.0320 149,619,777 154,407,610
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 12,718,410 N/A 12,718,410 12,718,410
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 29,110,590 0.9226 31,551,662 29,110,590
D2 - FARM & RANCH IMP 23,735,100 1.0030 23,664,108 23,735,100
E - NON-AG LAND AND IMPROVEMENTS 105,091,410 1.1094 94,728,150 105,091,410
F1 - COMMERCIAL REAL 4,240,930 N/A 4,240,930 4,240,930
F2 - INDUSTRIAL REAL 2,582,360 N/A 2,582,360 2,582,360
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,731,650 N/A 5,731,650 5,731,650
L1 - COMMERCIAL PERSONAL 1,060,760 N/A 1,060,760 1,060,760
L2 - INDUSTRIAL PERSONAL 4,734,820 N/A 4,734,820 4,734,820
M1 - MOBILE HOMES 1,525,610 N/A 1,525,610 1,525,610
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,193,580 N/A 1,193,580 1,193,580
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 346,132,830 0 333,351,817 346,132,830
Less Total Deductions 108,735,336 0 107,443,430 108,735,336
Total Taxable Value 237,397,494 0 225,908,387 237,397,494

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 252,013,073 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 237,397,494 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 252,013,073 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 237,397,494 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 275,668,393 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 281,941,424 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 237,397,494 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 286,222,196 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 241,142,840 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 252,013,073 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 237,397,494 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 252,013,073 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 237,397,494 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 275,668,393 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 281,941,424 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 237,397,494 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 286,222,196 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 241,142,840 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 14,615,579 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 23,655,320 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 6,273,031 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 4,280,772 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 3,745,346 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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153-905-02/New Home ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 154,407,610 1.0320 149,619,777 154,407,610
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 12,718,410 N/A 12,718,410 12,718,410
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 29,110,590 0.9226 31,551,662 29,110,590
D2 - FARM & RANCH IMP 23,735,100 1.0030 23,664,108 23,735,100
E - NON-AG LAND AND IMPROVEMENTS 105,091,410 1.1094 94,728,150 105,091,410
F1 - COMMERCIAL REAL 4,240,930 N/A 4,240,930 4,240,930
F2 - INDUSTRIAL REAL 2,582,360 N/A 2,582,360 2,582,360
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,731,650 N/A 5,731,650 5,731,650
L1 - COMMERCIAL PERSONAL 1,060,760 N/A 1,060,760 1,060,760
L2 - INDUSTRIAL PERSONAL 4,734,820 N/A 4,734,820 4,734,820
M1 - MOBILE HOMES 1,525,610 N/A 1,525,610 1,525,610
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,193,580 N/A 1,193,580 1,193,580
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 346,132,830 333,351,817 346,132,830
Less Total Deductions 108,735,336 107,443,430 108,735,336
Total Taxable Value 237,397,494 225,908,387 237,397,494

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 252,013,073 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 237,397,494 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 252,013,073 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 237,397,494 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 275,668,393 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 281,941,424 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 237,397,494 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 286,222,196 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 241,142,840 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 252,013,073 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 237,397,494 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 252,013,073 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 237,397,494 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 275,668,393 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 281,941,424 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 237,397,494 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 286,222,196 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 241,142,840 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 14,615,579 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 23,655,320 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 6,273,031 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 4,280,772 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 3,745,346 Loss to the increase in the Over-65/Disabled Homestead

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