taxes Property Tax Assistance

2018 ISD Summary Worksheet

152-Lubbock

152-906/Lubbock-Cooper ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,571,296,868 N/A 2,571,296,868 2,571,296,868
B. MULTIFAMILY RESIDENCES 93,538,353 N/A 93,538,353 93,538,353
C1. VACANT LOTS 105,874,825 N/A 105,874,825 105,874,825
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 14,977,202 N/A 14,977,202 14,977,202
D2. REAL PROP:FARM & RANCH 1,729,204 N/A 1,729,204 1,729,204
E. REAL PROP NONQUAL ACREAGE 72,466,022 N/A 72,466,022 72,466,022
F1. COMMERCIAL REAL 411,516,368 N/A 411,516,368 411,516,368
F2. INDUSTRIAL REAL 4,489,453 N/A 4,489,453 4,489,453
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 39,272,920 N/A 39,272,920 39,272,920
L1. COMMERCIAL PERSONAL 140,581,154 N/A 140,581,154 140,581,154
L2. INDUSTRIAL PERSONAL 6,457,119 N/A 6,457,119 6,457,119
M. MOBILE HOMES 6,071,467 N/A 6,071,467 6,071,467
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 19,596,887 N/A 19,596,887 19,596,887
S. SPECIAL INVENTORY 186,908 N/A 186,908 186,908
Subtotal 3,488,054,750 0 3,488,054,750 3,488,054,750
Less Total Deductions 339,825,163 0 339,825,163 339,825,163
Total Taxable Value 3,148,229,587 0 3,148,229,587 3,148,229,587

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
3,216,841,241 3,148,229,587 3,216,841,241 3,148,229,587


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
68,611,654 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
3,216,841,241 3,148,229,587 3,216,841,241 3,148,229,587

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

152-906-02/Lubbock-Cooper ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,571,296,868 N/A 2,571,296,868 2,571,296,868
B. MULTIFAMILY RESIDENCES 93,538,353 N/A 93,538,353 93,538,353
C1. VACANT LOTS 105,874,825 N/A 105,874,825 105,874,825
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 14,977,202 N/A 14,977,202 14,977,202
D2. REAL PROP:FARM & RANCH 1,729,204 N/A 1,729,204 1,729,204
E. REAL PROP NONQUAL ACREAGE 72,466,022 N/A 72,466,022 72,466,022
F1. COMMERCIAL REAL 411,516,368 N/A 411,516,368 411,516,368
F2. INDUSTRIAL REAL 4,489,453 N/A 4,489,453 4,489,453
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 39,272,920 N/A 39,272,920 39,272,920
L1. COMMERCIAL PERSONAL 140,581,154 N/A 140,581,154 140,581,154
L2. INDUSTRIAL PERSONAL 6,457,119 N/A 6,457,119 6,457,119
M. MOBILE HOMES 6,071,467 N/A 6,071,467 6,071,467
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 19,596,887 N/A 19,596,887 19,596,887
S. SPECIAL INVENTORY 186,908 N/A 186,908 186,908
Subtotal 3,488,054,750 3,488,054,750 3,488,054,750
Less Total Deductions 339,825,163 339,825,163 339,825,163
Total Taxable Value 3,148,229,587 3,148,229,587 3,148,229,587

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
3,216,841,241 3,148,229,587 3,216,841,241 3,148,229,587


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
68,611,654 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
3,216,841,241 3,148,229,587 3,216,841,241 3,148,229,587

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