taxes Property Tax Assistance

2020 ISD Summary Worksheet

152-Lubbock /Lubbock County

152-901/Lubbock ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 6,970,003,434 N/A 6,970,003,434 6,970,003,434
B - MULTIFAMILY 1,392,843,032 N/A 1,392,843,032 1,392,843,032
C1 - VACANT LOTS 88,099,103 N/A 88,099,103 88,099,103
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,479,620 N/A 2,479,620 2,479,620
D2 - FARM & RANCH IMP 205,568 N/A 205,568 205,568
E - NON-AG LAND AND IMPROVEMENTS 7,878,937 N/A 7,878,937 7,878,937
F1 - COMMERCIAL REAL 2,747,307,122 N/A 2,747,307,122 2,747,307,122
F2 - INDUSTRIAL REAL 115,374,020 N/A 115,374,020 115,374,020
G - ALL MINERALS 15,183,600 N/A 15,183,600 15,183,600
J - ALL UTILITIES 237,571,468 N/A 237,571,468 237,571,468
L1 - COMMERCIAL PERSONAL 1,241,011,004 N/A 1,241,011,004 1,241,011,004
L2 - INDUSTRIAL PERSONAL 315,113,307 N/A 315,113,307 315,113,307
M1 - MOBILE HOMES 3,740,981 N/A 3,740,981 3,740,981
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 953,346 N/A 953,346 953,346
S - SPECIAL INVENTORY 65,861,418 N/A 65,861,418 65,861,418
Subtotal 13,203,625,960 0 13,203,625,960 13,203,625,960
Less Total Deductions 1,546,308,687 0 1,546,308,687 1,546,308,687
Total Taxable Value 11,657,317,273 0 11,657,317,273 11,657,317,273

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
11,942,094,269 11,657,317,273 11,942,094,269 11,657,317,273


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
284,776,996 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
11,942,094,269 11,657,317,273 11,942,094,269 11,657,317,273

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

152-901-02/Lubbock ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 6,970,003,434 N/A 6,970,003,434 6,970,003,434
B - MULTIFAMILY 1,392,843,032 N/A 1,392,843,032 1,392,843,032
C1 - VACANT LOTS 88,099,103 N/A 88,099,103 88,099,103
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,479,620 N/A 2,479,620 2,479,620
D2 - FARM & RANCH IMP 205,568 N/A 205,568 205,568
E - NON-AG LAND AND IMPROVEMENTS 7,878,937 N/A 7,878,937 7,878,937
F1 - COMMERCIAL REAL 2,747,307,122 N/A 2,747,307,122 2,747,307,122
F2 - INDUSTRIAL REAL 115,374,020 N/A 115,374,020 115,374,020
G - ALL MINERALS 15,183,600 N/A 15,183,600 15,183,600
J - ALL UTILITIES 237,571,468 N/A 237,571,468 237,571,468
L1 - COMMERCIAL PERSONAL 1,241,011,004 N/A 1,241,011,004 1,241,011,004
L2 - INDUSTRIAL PERSONAL 315,113,307 N/A 315,113,307 315,113,307
M1 - MOBILE HOMES 3,740,981 N/A 3,740,981 3,740,981
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 953,346 N/A 953,346 953,346
S - SPECIAL INVENTORY 65,861,418 N/A 65,861,418 65,861,418
Subtotal 13,203,625,960 13,203,625,960 13,203,625,960
Less Total Deductions 1,546,308,687 1,546,308,687 1,546,308,687
Total Taxable Value 11,657,317,273 11,657,317,273 11,657,317,273

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
11,942,094,269 11,657,317,273 11,942,094,269 11,657,317,273


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
284,776,996 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
11,942,094,269 11,657,317,273 11,942,094,269 11,657,317,273

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