taxes Property Tax Assistance

2018 ISD Summary Worksheet

152-Lubbock

152-909/Shallowater ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 257,587,483 N/A 257,587,483 257,587,483
B. MULTIFAMILY RESIDENCES 2,613,922 N/A 2,613,922 2,613,922
C1. VACANT LOTS 4,085,091 N/A 4,085,091 4,085,091
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 10,888,058 N/A 10,888,058 10,888,058
D2. REAL PROP:FARM & RANCH 278,576 N/A 278,576 278,576
E. REAL PROP NONQUAL ACREAGE 35,523,720 N/A 35,523,720 35,523,720
F1. COMMERCIAL REAL 27,478,861 N/A 27,478,861 27,478,861
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 22,796,737 N/A 22,796,737 22,796,737
J. UTILITIES 17,562,563 N/A 17,562,563 17,562,563
L1. COMMERCIAL PERSONAL 6,969,795 N/A 6,969,795 6,969,795
L2. INDUSTRIAL PERSONAL 1,510,585 N/A 1,510,585 1,510,585
M. MOBILE HOMES 3,138,614 N/A 3,138,614 3,138,614
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,180,734 N/A 1,180,734 1,180,734
S. SPECIAL INVENTORY 8,738 N/A 8,738 8,738
Subtotal 391,623,477 0 391,623,477 391,623,477
Less Total Deductions 62,801,971 0 62,801,971 62,801,971
Total Taxable Value 328,821,506 0 328,821,506 328,821,506

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
338,989,927 328,821,506 338,989,927 328,821,506


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,168,421 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
338,989,927 328,821,506 338,989,927 328,821,506

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

152-909-02/Shallowater ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 257,587,483 N/A 257,587,483 257,587,483
B. MULTIFAMILY RESIDENCES 2,613,922 N/A 2,613,922 2,613,922
C1. VACANT LOTS 4,085,091 N/A 4,085,091 4,085,091
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 10,888,058 N/A 10,888,058 10,888,058
D2. REAL PROP:FARM & RANCH 278,576 N/A 278,576 278,576
E. REAL PROP NONQUAL ACREAGE 35,523,720 N/A 35,523,720 35,523,720
F1. COMMERCIAL REAL 27,478,861 N/A 27,478,861 27,478,861
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 22,796,737 N/A 22,796,737 22,796,737
J. UTILITIES 17,562,563 N/A 17,562,563 17,562,563
L1. COMMERCIAL PERSONAL 6,969,795 N/A 6,969,795 6,969,795
L2. INDUSTRIAL PERSONAL 1,510,585 N/A 1,510,585 1,510,585
M. MOBILE HOMES 3,138,614 N/A 3,138,614 3,138,614
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,180,734 N/A 1,180,734 1,180,734
S. SPECIAL INVENTORY 8,738 N/A 8,738 8,738
Subtotal 391,623,477 391,623,477 391,623,477
Less Total Deductions 62,801,971 62,801,971 62,801,971
Total Taxable Value 328,821,506 328,821,506 328,821,506

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
338,989,927 328,821,506 338,989,927 328,821,506


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
10,168,421 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
338,989,927 328,821,506 338,989,927 328,821,506

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