taxes Property Tax Assistance

2019 ISD Summary Worksheet

152-Lubbock

152-902/New Deal ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	99,117,977	0.9166	108,136,567	99,117,977
B. MULTIFAMILY RESIDENCES	299,317	N/A	299,317	299,317
C1. VACANT LOTS	2,505,546	N/A	2,505,546	2,505,546
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	17,526,910	1.2266	14,288,460	17,526,910
D2. REAL PROP:FARM & RANCH	639,887	N/A	639,887	639,887
E. REAL PROP NONQUAL ACREAGE	54,748,790	1.0324	53,030,599	54,748,790
F1. COMMERCIAL REAL	23,913,982	1.0083	23,717,130	23,913,982
F2. INDUSTRIAL REAL	135,986,801	N/A	135,986,801	135,986,801
G. OIL,GAS,MINERALS	16,656,160	1.0233	16,276,908	16,656,160
J. UTILITIES	15,199,740	1.0742	14,149,823	15,199,740
L1. COMMERCIAL PERSONAL	27,505,478	N/A	27,505,478	27,505,478
L2. INDUSTRIAL PERSONAL	96,892,389	N/A	96,892,389	96,892,389
M. MOBILE HOMES	3,312,184	N/A	3,312,184	3,312,184
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	733,477	N/A	733,477	733,477
Subtotal	495,038,638	0	497,474,566	495,038,638
Less Total Deductions	62,811,015	0	66,534,536	62,811,015
Total Taxable Value	432,227,623	0	430,940,030	432,227,623

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
437,458,714	432,227,623	437,458,714	432,227,623

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,231,091	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
437,458,714	432,227,623	437,458,714	432,227,623

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

152-902-02/New Deal ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	99,117,977	0.9166	108,136,567	99,117,977
B. MULTIFAMILY RESIDENCES	299,317	N/A	299,317	299,317
C1. VACANT LOTS	2,505,546	N/A	2,505,546	2,505,546
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	17,526,910	1.2266	14,288,460	17,526,910
D2. REAL PROP:FARM & RANCH	639,887	N/A	639,887	639,887
E. REAL PROP NONQUAL ACREAGE	54,748,790	1.0324	53,030,599	54,748,790
F1. COMMERCIAL REAL	23,913,982	1.0083	23,717,130	23,913,982
F2. INDUSTRIAL REAL	135,986,801	N/A	135,986,801	135,986,801
G. OIL,GAS,MINERALS	16,656,160	1.0233	16,276,908	16,656,160
J. UTILITIES	15,199,740	1.0742	14,149,823	15,199,740
L1. COMMERCIAL PERSONAL	27,505,478	N/A	27,505,478	27,505,478
L2. INDUSTRIAL PERSONAL	96,892,389	N/A	96,892,389	96,892,389
M. MOBILE HOMES	3,312,184	N/A	3,312,184	3,312,184
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	733,477	N/A	733,477	733,477
Subtotal	495,038,638		497,474,566	495,038,638
Less Total Deductions	62,811,015		66,534,536	62,811,015
Total Taxable Value	432,227,623		430,940,030	432,227,623

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
437,458,714	432,227,623	437,458,714	432,227,623

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
5,231,091	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
437,458,714	432,227,623	437,458,714	432,227,623

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