taxes Property Tax Assistance

2019 ISD Summary Worksheet

152-Lubbock

152-908/Roosevelt ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 180,618,101 1.0075 179,273,549 180,618,101
B. MULTIFAMILY RESIDENCES 715,275 N/A 715,275 715,275
C1. VACANT LOTS 4,038,586 N/A 4,038,586 4,038,586
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 16,473,201 1.2773 12,896,548 16,473,201
D2. REAL PROP:FARM & RANCH 498,590 N/A 498,590 498,590
E. REAL PROP NONQUAL ACREAGE 31,378,996 0.9529 32,929,999 31,378,996
F1. COMMERCIAL REAL 21,136,727 0.9730 21,723,255 21,136,727
F2. INDUSTRIAL REAL 2,972,297 N/A 2,972,297 2,972,297
G. OIL,GAS,MINERALS 21,434,610 0.9997 21,441,042 21,434,610
J. UTILITIES 10,180,514 N/A 10,180,514 10,180,514
L1. COMMERCIAL PERSONAL 12,813,410 N/A 12,813,410 12,813,410
L2. INDUSTRIAL PERSONAL 7,291,854 N/A 7,291,854 7,291,854
M. MOBILE HOMES 3,654,055 N/A 3,654,055 3,654,055
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 52,223 N/A 52,223 52,223
Subtotal 313,258,439 0 310,481,197 313,258,439
Less Total Deductions 53,884,953 0 53,382,708 53,884,953
Total Taxable Value 259,373,486 0 257,098,489 259,373,486

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
266,637,776 259,373,486 266,637,776 259,373,486


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,264,290 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
266,637,776 259,373,486 266,637,776 259,373,486

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

152-908-02/Roosevelt ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 180,618,101 1.0075 179,273,549 180,618,101
B. MULTIFAMILY RESIDENCES 715,275 N/A 715,275 715,275
C1. VACANT LOTS 4,038,586 N/A 4,038,586 4,038,586
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 16,473,201 1.2773 12,896,548 16,473,201
D2. REAL PROP:FARM & RANCH 498,590 N/A 498,590 498,590
E. REAL PROP NONQUAL ACREAGE 31,378,996 0.9529 32,929,999 31,378,996
F1. COMMERCIAL REAL 21,136,727 0.9730 21,723,255 21,136,727
F2. INDUSTRIAL REAL 2,972,297 N/A 2,972,297 2,972,297
G. OIL,GAS,MINERALS 21,434,610 0.9997 21,441,042 21,434,610
J. UTILITIES 10,180,514 N/A 10,180,514 10,180,514
L1. COMMERCIAL PERSONAL 12,813,410 N/A 12,813,410 12,813,410
L2. INDUSTRIAL PERSONAL 7,291,854 N/A 7,291,854 7,291,854
M. MOBILE HOMES 3,654,055 N/A 3,654,055 3,654,055
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 52,223 N/A 52,223 52,223
Subtotal 313,258,439 310,481,197 313,258,439
Less Total Deductions 53,884,953 53,382,708 53,884,953
Total Taxable Value 259,373,486 257,098,489 259,373,486

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
266,637,776 259,373,486 266,637,776 259,373,486


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
7,264,290 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
266,637,776 259,373,486 266,637,776 259,373,486

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