taxes Property Tax Assistance

2019 ISD Summary Worksheet

152-Lubbock

095-901/Abernathy ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 22,510,128 0.9122 24,676,746 22,510,128
B. MULTIFAMILY RESIDENCES 712,153 N/A 712,153 712,153
C1. VACANT LOTS 443,069 N/A 443,069 443,069
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,510,712 1.1078 4,071,799 4,510,712
D2. REAL PROP:FARM & RANCH 305,644 N/A 305,644 305,644
E. REAL PROP NONQUAL ACREAGE 8,884,207 0.7721 11,506,550 8,884,207
F1. COMMERCIAL REAL 5,616,440 0.9907 5,669,163 5,616,440
F2. INDUSTRIAL REAL 665,362 N/A 665,362 665,362
G. OIL,GAS,MINERALS 15,793,720 1.0674 14,796,440 15,793,720
J. UTILITIES 4,750,787 0.9717 4,889,150 4,750,787
L1. COMMERCIAL PERSONAL 2,926,816 0.9811 2,983,198 2,926,816
L2. INDUSTRIAL PERSONAL 12,596,725 N/A 12,596,725 12,596,725
M. MOBILE HOMES 266,010 N/A 266,010 266,010
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 2,306,999 N/A 2,306,999 2,306,999
Subtotal 82,288,772 0 85,889,008 82,288,772
Less Total Deductions 7,603,312 0 8,200,029 7,603,312
Total Taxable Value 74,685,460 0 77,688,979 74,685,460

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
76,408,928 74,685,460 76,408,928 74,685,460


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,723,468 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
76,408,928 74,685,460 76,408,928 74,685,460

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

095-901-02/Abernathy ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 22,510,128 0.9122 24,676,746 22,510,128
B. MULTIFAMILY RESIDENCES 712,153 N/A 712,153 712,153
C1. VACANT LOTS 443,069 N/A 443,069 443,069
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,510,712 1.1078 4,071,799 4,510,712
D2. REAL PROP:FARM & RANCH 305,644 N/A 305,644 305,644
E. REAL PROP NONQUAL ACREAGE 8,884,207 0.7721 11,506,550 8,884,207
F1. COMMERCIAL REAL 5,616,440 0.9907 5,669,163 5,616,440
F2. INDUSTRIAL REAL 665,362 N/A 665,362 665,362
G. OIL,GAS,MINERALS 15,793,720 1.0674 14,796,440 15,793,720
J. UTILITIES 4,750,787 0.9717 4,889,150 4,750,787
L1. COMMERCIAL PERSONAL 2,926,816 0.9811 2,983,198 2,926,816
L2. INDUSTRIAL PERSONAL 12,596,725 N/A 12,596,725 12,596,725
M. MOBILE HOMES 266,010 N/A 266,010 266,010
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 2,306,999 N/A 2,306,999 2,306,999
Subtotal 82,288,772 85,889,008 82,288,772
Less Total Deductions 7,603,312 8,200,029 7,603,312
Total Taxable Value 74,685,460 77,688,979 74,685,460

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
76,408,928 74,685,460 76,408,928 74,685,460


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,723,468 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
76,408,928 74,685,460 76,408,928 74,685,460

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