taxes Property Tax Assistance

2019 ISD Summary Worksheet

152-Lubbock

152-909/Shallowater ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	269,659,800	0.9880	272,935,020	269,659,800
B. MULTIFAMILY RESIDENCES	2,558,196	N/A	2,558,196	2,558,196
C1. VACANT LOTS	4,539,667	N/A	4,539,667	4,539,667
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	10,178,071	1.2014	8,471,723	10,178,071
D2. REAL PROP:FARM & RANCH	303,146	N/A	303,146	303,146
E. REAL PROP NONQUAL ACREAGE	52,570,274	1.0015	52,491,537	52,570,274
F1. COMMERCIAL REAL	29,592,395	0.9923	29,822,025	29,592,395
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	27,648,660	1.0217	27,061,427	27,648,660
J. UTILITIES	18,548,823	N/A	18,548,823	18,548,823
L1. COMMERCIAL PERSONAL	8,577,463	N/A	8,577,463	8,577,463
L2. INDUSTRIAL PERSONAL	1,547,804	N/A	1,547,804	1,547,804
M. MOBILE HOMES	3,230,057	N/A	3,230,057	3,230,057
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	1,295,700	N/A	1,295,700	1,295,700
S. SPECIAL INVENTORY	48,799	N/A	48,799	48,799
Subtotal	430,298,855	0	431,431,387	430,298,855
Less Total Deductions	62,273,415	0	63,080,496	62,273,415
Total Taxable Value	368,025,440	0	368,350,891	368,025,440

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
378,216,932	368,025,440	378,216,932	368,025,440

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
10,191,492	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
378,216,932	368,025,440	378,216,932	368,025,440

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

152-909-02/Shallowater ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	269,659,800	0.9880	272,935,020	269,659,800
B. MULTIFAMILY RESIDENCES	2,558,196	N/A	2,558,196	2,558,196
C1. VACANT LOTS	4,539,667	N/A	4,539,667	4,539,667
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	10,178,071	1.2014	8,471,723	10,178,071
D2. REAL PROP:FARM & RANCH	303,146	N/A	303,146	303,146
E. REAL PROP NONQUAL ACREAGE	52,570,274	1.0015	52,491,537	52,570,274
F1. COMMERCIAL REAL	29,592,395	0.9923	29,822,025	29,592,395
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	27,648,660	1.0217	27,061,427	27,648,660
J. UTILITIES	18,548,823	N/A	18,548,823	18,548,823
L1. COMMERCIAL PERSONAL	8,577,463	N/A	8,577,463	8,577,463
L2. INDUSTRIAL PERSONAL	1,547,804	N/A	1,547,804	1,547,804
M. MOBILE HOMES	3,230,057	N/A	3,230,057	3,230,057
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	1,295,700	N/A	1,295,700	1,295,700
S. SPECIAL INVENTORY	48,799	N/A	48,799	48,799
Subtotal	430,298,855		431,431,387	430,298,855
Less Total Deductions	62,273,415		63,080,496	62,273,415
Total Taxable Value	368,025,440		368,350,891	368,025,440

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
378,216,932	368,025,440	378,216,932	368,025,440

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
10,191,492	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
378,216,932	368,025,440	378,216,932	368,025,440

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