taxes Property Tax Assistance

2019 ISD Summary Worksheet

152-Lubbock

152-910/Idalou ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	157,464,741	1.0111	155,736,071	157,464,741
B. MULTIFAMILY RESIDENCES	1,456,722	N/A	1,456,722	1,456,722
C1. VACANT LOTS	1,783,427	N/A	1,783,427	1,783,427
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	23,360,744	1.3297	17,568,327	23,360,744
D2. REAL PROP:FARM & RANCH	385,048	N/A	385,048	385,048
E. REAL PROP NONQUAL ACREAGE	60,647,874	0.9707	62,478,494	60,647,874
F1. COMMERCIAL REAL	20,683,858	0.9694	21,336,763	20,683,858
F2. INDUSTRIAL REAL	5,723,245	N/A	5,723,245	5,723,245
G. OIL,GAS,MINERALS	8,213,800	N/A	8,213,800	8,213,800
J. UTILITIES	9,939,513	N/A	9,939,513	9,939,513
L1. COMMERCIAL PERSONAL	63,520,991	1.0593	59,965,063	63,520,991
L2. INDUSTRIAL PERSONAL	1,979,120	N/A	1,979,120	1,979,120
M. MOBILE HOMES	858,789	N/A	858,789	858,789
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	23,715	N/A	23,715	23,715
Subtotal	356,041,587	0	347,448,097	356,041,587
Less Total Deductions	59,844,490	0	59,101,139	59,844,490
Total Taxable Value	296,197,097	0	288,346,958	296,197,097

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
304,258,953	296,197,097	304,258,953	296,197,097

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
8,061,856	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
304,258,953	296,197,097	304,258,953	296,197,097

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

152-910-02/Idalou ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	157,464,741	1.0111	155,736,071	157,464,741
B. MULTIFAMILY RESIDENCES	1,456,722	N/A	1,456,722	1,456,722
C1. VACANT LOTS	1,783,427	N/A	1,783,427	1,783,427
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	23,360,744	1.3297	17,568,327	23,360,744
D2. REAL PROP:FARM & RANCH	385,048	N/A	385,048	385,048
E. REAL PROP NONQUAL ACREAGE	60,647,874	0.9707	62,478,494	60,647,874
F1. COMMERCIAL REAL	20,683,858	0.9694	21,336,763	20,683,858
F2. INDUSTRIAL REAL	5,723,245	N/A	5,723,245	5,723,245
G. OIL,GAS,MINERALS	8,213,800	N/A	8,213,800	8,213,800
J. UTILITIES	9,939,513	N/A	9,939,513	9,939,513
L1. COMMERCIAL PERSONAL	63,520,991	1.0593	59,965,063	63,520,991
L2. INDUSTRIAL PERSONAL	1,979,120	N/A	1,979,120	1,979,120
M. MOBILE HOMES	858,789	N/A	858,789	858,789
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	23,715	N/A	23,715	23,715
Subtotal	356,041,587		347,448,097	356,041,587
Less Total Deductions	59,844,490		59,101,139	59,844,490
Total Taxable Value	296,197,097		288,346,958	296,197,097

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
304,258,953	296,197,097	304,258,953	296,197,097

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
8,061,856	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
304,258,953	296,197,097	304,258,953	296,197,097

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