taxes Property Tax Assistance

2019 ISD Summary Worksheet

152-Lubbock

152-906/Lubbock-Cooper ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	2,769,231,703	0.9718	2,849,590,145	2,769,231,703
B. MULTIFAMILY RESIDENCES	107,194,933	N/A	107,194,933	107,194,933
C1. VACANT LOTS	122,353,016	N/A	122,353,016	122,353,016
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	14,284,794	1.2425	11,497,123	14,284,794
D2. REAL PROP:FARM & RANCH	1,106,166	N/A	1,106,166	1,106,166
E. REAL PROP NONQUAL ACREAGE	103,728,428	N/A	103,728,428	103,728,428
F1. COMMERCIAL REAL	453,255,096	0.9858	459,784,029	453,255,096
F2. INDUSTRIAL REAL	4,545,180	N/A	4,545,180	4,545,180
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	42,126,196	N/A	42,126,196	42,126,196
L1. COMMERCIAL PERSONAL	151,762,281	N/A	151,762,281	151,762,281
L2. INDUSTRIAL PERSONAL	6,927,122	N/A	6,927,122	6,927,122
M. MOBILE HOMES	6,293,048	N/A	6,293,048	6,293,048
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	23,239,490	N/A	23,239,490	23,239,490
S. SPECIAL INVENTORY	234,865	N/A	234,865	234,865
Subtotal	3,806,282,318	0	3,890,382,022	3,806,282,318
Less Total Deductions	345,549,495	0	363,166,764	345,549,495
Total Taxable Value	3,460,732,823	0	3,527,215,258	3,460,732,823

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
3,531,269,869	3,460,732,823	3,531,269,869	3,460,732,823

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
70,537,046	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
3,531,269,869	3,460,732,823	3,531,269,869	3,460,732,823

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

152-906-02/Lubbock-Cooper ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	2,769,231,703	0.9718	2,849,590,145	2,769,231,703
B. MULTIFAMILY RESIDENCES	107,194,933	N/A	107,194,933	107,194,933
C1. VACANT LOTS	122,353,016	N/A	122,353,016	122,353,016
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	14,284,794	1.2425	11,497,123	14,284,794
D2. REAL PROP:FARM & RANCH	1,106,166	N/A	1,106,166	1,106,166
E. REAL PROP NONQUAL ACREAGE	103,728,428	N/A	103,728,428	103,728,428
F1. COMMERCIAL REAL	453,255,096	0.9858	459,784,029	453,255,096
F2. INDUSTRIAL REAL	4,545,180	N/A	4,545,180	4,545,180
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	42,126,196	N/A	42,126,196	42,126,196
L1. COMMERCIAL PERSONAL	151,762,281	N/A	151,762,281	151,762,281
L2. INDUSTRIAL PERSONAL	6,927,122	N/A	6,927,122	6,927,122
M. MOBILE HOMES	6,293,048	N/A	6,293,048	6,293,048
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	23,239,490	N/A	23,239,490	23,239,490
S. SPECIAL INVENTORY	234,865	N/A	234,865	234,865
Subtotal	3,806,282,318		3,890,382,022	3,806,282,318
Less Total Deductions	345,549,495		363,166,764	345,549,495
Total Taxable Value	3,460,732,823		3,527,215,258	3,460,732,823

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
3,531,269,869	3,460,732,823	3,531,269,869	3,460,732,823

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
70,537,046	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
3,531,269,869	3,460,732,823	3,531,269,869	3,460,732,823

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