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