taxes Property Tax Assistance

2019 ISD Summary Worksheet

152-Lubbock

152-901/Lubbock ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 6,778,865,890 0.9804 6,914,387,893 6,778,865,890
B. MULTIFAMILY RESIDENCES 1,352,508,587 0.9101 1,486,109,864 1,352,508,587
C1. VACANT LOTS 90,335,234 N/A 90,335,234 90,335,234
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 2,884,304 1.3117 2,198,976 2,884,304
D2. REAL PROP:FARM & RANCH 207,122 N/A 207,122 207,122
E. REAL PROP NONQUAL ACREAGE 10,901,951 N/A 10,901,951 10,901,951
F1. COMMERCIAL REAL 2,687,139,136 0.9101 2,952,575,691 2,687,139,136
F2. INDUSTRIAL REAL 119,522,840 N/A 119,522,840 119,522,840
G. OIL,GAS,MINERALS 17,351,400 N/A 17,351,400 17,351,400
J. UTILITIES 209,547,531 N/A 209,547,531 209,547,531
L1. COMMERCIAL PERSONAL 1,246,539,406 0.9850 1,265,522,240 1,246,539,406
L2. INDUSTRIAL PERSONAL 299,080,666 N/A 299,080,666 299,080,666
M. MOBILE HOMES 3,604,027 N/A 3,604,027 3,604,027
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,211,701 N/A 1,211,701 1,211,701
S. SPECIAL INVENTORY 65,631,175 N/A 65,631,175 65,631,175
Subtotal 12,885,330,970 0 13,438,188,311 12,885,330,970
Less Total Deductions 1,517,245,836 0 1,558,879,718 1,517,245,836
Total Taxable Value 11,368,085,134 0 11,879,308,593 11,368,085,134

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
11,648,046,240 11,368,085,134 11,648,046,240 11,368,085,134


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
279,961,106 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
11,648,046,240 11,368,085,134 11,648,046,240 11,368,085,134

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

152-901-02/Lubbock ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 6,778,865,890 0.9804 6,914,387,893 6,778,865,890
B. MULTIFAMILY RESIDENCES 1,352,508,587 0.9101 1,486,109,864 1,352,508,587
C1. VACANT LOTS 90,335,234 N/A 90,335,234 90,335,234
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 2,884,304 1.3117 2,198,976 2,884,304
D2. REAL PROP:FARM & RANCH 207,122 N/A 207,122 207,122
E. REAL PROP NONQUAL ACREAGE 10,901,951 N/A 10,901,951 10,901,951
F1. COMMERCIAL REAL 2,687,139,136 0.9101 2,952,575,691 2,687,139,136
F2. INDUSTRIAL REAL 119,522,840 N/A 119,522,840 119,522,840
G. OIL,GAS,MINERALS 17,351,400 N/A 17,351,400 17,351,400
J. UTILITIES 209,547,531 N/A 209,547,531 209,547,531
L1. COMMERCIAL PERSONAL 1,246,539,406 0.9850 1,265,522,240 1,246,539,406
L2. INDUSTRIAL PERSONAL 299,080,666 N/A 299,080,666 299,080,666
M. MOBILE HOMES 3,604,027 N/A 3,604,027 3,604,027
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,211,701 N/A 1,211,701 1,211,701
S. SPECIAL INVENTORY 65,631,175 N/A 65,631,175 65,631,175
Subtotal 12,885,330,970 13,438,188,311 12,885,330,970
Less Total Deductions 1,517,245,836 1,558,879,718 1,517,245,836
Total Taxable Value 11,368,085,134 11,879,308,593 11,368,085,134

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
11,648,046,240 11,368,085,134 11,648,046,240 11,368,085,134


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
279,961,106 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
11,648,046,240 11,368,085,134 11,648,046,240 11,368,085,134

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