taxes Property Tax Assistance

2018 ISD Summary Worksheet

152-Lubbock

152-910/Idalou ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	148,845,413	N/A	148,845,413	148,845,413
B. MULTIFAMILY RESIDENCES	1,460,357	N/A	1,460,357	1,460,357
C1. VACANT LOTS	1,671,004	N/A	1,671,004	1,671,004
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	25,384,121	N/A	25,384,121	25,384,121
D2. REAL PROP:FARM & RANCH	419,208	N/A	419,208	419,208
E. REAL PROP NONQUAL ACREAGE	40,371,949	N/A	40,371,949	40,371,949
F1. COMMERCIAL REAL	18,068,941	N/A	18,068,941	18,068,941
F2. INDUSTRIAL REAL	5,425,052	N/A	5,425,052	5,425,052
G. OIL,GAS,MINERALS	7,590,960	N/A	7,590,960	7,590,960
J. UTILITIES	9,568,993	N/A	9,568,993	9,568,993
L1. COMMERCIAL PERSONAL	51,861,505	N/A	51,861,505	51,861,505
L2. INDUSTRIAL PERSONAL	2,026,630	N/A	2,026,630	2,026,630
M. MOBILE HOMES	813,863	N/A	813,863	813,863
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	7,963	N/A	7,963	7,963
Subtotal	313,515,959	0	313,515,959	313,515,959
Less Total Deductions	52,113,372	0	52,113,372	52,113,372
Total Taxable Value	261,402,587	0	261,402,587	261,402,587

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
269,547,363	261,402,587	269,547,363	261,402,587

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
8,144,776	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
269,547,363	261,402,587	269,547,363	261,402,587

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

152-910-02/Idalou ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	148,845,413	N/A	148,845,413	148,845,413
B. MULTIFAMILY RESIDENCES	1,460,357	N/A	1,460,357	1,460,357
C1. VACANT LOTS	1,671,004	N/A	1,671,004	1,671,004
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	25,384,121	N/A	25,384,121	25,384,121
D2. REAL PROP:FARM & RANCH	419,208	N/A	419,208	419,208
E. REAL PROP NONQUAL ACREAGE	40,371,949	N/A	40,371,949	40,371,949
F1. COMMERCIAL REAL	18,068,941	N/A	18,068,941	18,068,941
F2. INDUSTRIAL REAL	5,425,052	N/A	5,425,052	5,425,052
G. OIL,GAS,MINERALS	7,590,960	N/A	7,590,960	7,590,960
J. UTILITIES	9,568,993	N/A	9,568,993	9,568,993
L1. COMMERCIAL PERSONAL	51,861,505	N/A	51,861,505	51,861,505
L2. INDUSTRIAL PERSONAL	2,026,630	N/A	2,026,630	2,026,630
M. MOBILE HOMES	813,863	N/A	813,863	813,863
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	7,963	N/A	7,963	7,963
Subtotal	313,515,959		313,515,959	313,515,959
Less Total Deductions	52,113,372		52,113,372	52,113,372
Total Taxable Value	261,402,587		261,402,587	261,402,587

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
269,547,363	261,402,587	269,547,363	261,402,587

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
8,144,776	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
269,547,363	261,402,587	269,547,363	261,402,587

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