With tax season approaching, High Plains Water District is now accepting Water Depletion requests.
This yearly program uses the annual water level measurements to determine changes in the water table throughout the District. The information is then made available to landowners to prepare their taxes to determine if a loss of water under their property may constitute a tax break.
To participate in the program:
Visit hpwd.org and go to the “Water Use” heading.
Select the “Water Depletion” link to find the Initial Request Form.
To complete the form, you will need to provide your contact information and the legal description of your property along with the year of purchase. This date is used to determine the starting level of the water table at the time of purchase, also known as the Saturated Thickness. There is no limit to the number of properties that can be requested as long as they are within the boundaries of the High Plains Water Conservation District.
Each property request is $10 per parcel.
If you normally have a tax professional prepare your return, you may also ask them to contact HPWD for your Water Depletion values.
If you prefer a paper form, please call 806-762-0181 or stop by the HPWD office.
Once completed, the forms can be emailed to jed@hpwd.org, or mailed to HPWD, 2930 Ave. Q, Lubbock, TX 79411 If you have any questions or would like more information, please call 806-762-0181.