taxes Property Tax Assistance

2018 ISD Summary Worksheet

152-Lubbock

152-902/New Deal ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 102,529,263 0.9670 106,028,193 102,529,263
B. MULTIFAMILY RESIDENCES 386,659 N/A 386,659 386,659
C1. VACANT LOTS 3,223,242 N/A 3,223,242 3,223,242
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 18,467,423 1.2508 14,764,538 18,467,423
D2. REAL PROP:FARM & RANCH 336,791 N/A 336,791 336,791
E. REAL PROP NONQUAL ACREAGE 45,065,702 0.9527 47,303,141 45,065,702
F1. COMMERCIAL REAL 14,645,280 0.9830 14,898,555 14,645,280
F2. INDUSTRIAL REAL 38,140,978 N/A 38,140,978 38,140,978
G. OIL,GAS,MINERALS 24,512,880 0.9905 24,747,986 24,512,880
J. UTILITIES 14,369,849 0.9662 14,872,541 14,369,849
L1. COMMERCIAL PERSONAL 9,712,719 N/A 9,712,719 9,712,719
L2. INDUSTRIAL PERSONAL 56,924,331 N/A 56,924,331 56,924,331
M. MOBILE HOMES 2,944,478 N/A 2,944,478 2,944,478
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 624,760 N/A 624,760 624,760
Subtotal 331,884,355 0 334,908,912 331,884,355
Less Total Deductions 67,406,065 0 68,884,363 67,406,065
Total Taxable Value 264,478,290 0 266,024,549 264,478,290

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 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 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

T1 T2 T3 T4
269,867,996 264,478,290 269,867,996 264,478,290


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,389,706 0


T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
269,867,996 264,478,290 269,867,996 264,478,290

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction


T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

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

152-902-02/New Deal ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 102,529,263 0.9670 106,028,193 102,529,263
B. MULTIFAMILY RESIDENCES 386,659 N/A 386,659 386,659
C1. VACANT LOTS 3,223,242 N/A 3,223,242 3,223,242
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 18,467,423 1.2508 14,764,538 18,467,423
D2. REAL PROP:FARM & RANCH 336,791 N/A 336,791 336,791
E. REAL PROP NONQUAL ACREAGE 45,065,702 0.9527 47,303,141 45,065,702
F1. COMMERCIAL REAL 14,645,280 0.9830 14,898,555 14,645,280
F2. INDUSTRIAL REAL 38,140,978 N/A 38,140,978 38,140,978
G. OIL,GAS,MINERALS 24,512,880 0.9905 24,747,986 24,512,880
J. UTILITIES 14,369,849 0.9662 14,872,541 14,369,849
L1. COMMERCIAL PERSONAL 9,712,719 N/A 9,712,719 9,712,719
L2. INDUSTRIAL PERSONAL 56,924,331 N/A 56,924,331 56,924,331
M. MOBILE HOMES 2,944,478 N/A 2,944,478 2,944,478
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 624,760 N/A 624,760 624,760
Subtotal 331,884,355 334,908,912 331,884,355
Less Total Deductions 67,406,065 68,884,363 67,406,065
Total Taxable Value 264,478,290 266,024,549 264,478,290

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 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 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

T1 T2 T3 T4
269,867,996 264,478,290 269,867,996 264,478,290


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,389,706 0


T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50 % of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50 % of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
269,867,996 264,478,290 269,867,996 264,478,290

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption