taxes Property Tax Assistance

2020 ISD Summary Worksheet

152-Lubbock /Lubbock County

152-902/New Deal ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	99,644,498	N/A	99,644,498	99,644,498
B - MULTIFAMILY	299,317	N/A	299,317	299,317
C1 - VACANT LOTS	2,563,048	N/A	2,563,048	2,563,048
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,277,083	N/A	15,277,083	15,277,083
D2 - FARM & RANCH IMP	617,072	N/A	617,072	617,072
E - NON-AG LAND AND IMPROVEMENTS	56,942,606	N/A	56,942,606	56,942,606
F1 - COMMERCIAL REAL	43,686,117	N/A	43,686,117	43,686,117
F2 - INDUSTRIAL REAL	63,419,401	N/A	63,419,401	63,419,401
G - ALL MINERALS	17,338,460	N/A	17,338,460	17,338,460
J - ALL UTILITIES	16,175,439	N/A	16,175,439	16,175,439
L1 - COMMERCIAL PERSONAL	47,279,557	N/A	47,279,557	47,279,557
L2 - INDUSTRIAL PERSONAL	142,297,810	N/A	142,297,810	142,297,810
M1 - MOBILE HOMES	3,569,367	N/A	3,569,367	3,569,367
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	753,968	N/A	753,968	753,968
Subtotal	509,863,743	0	509,863,743	509,863,743
Less Total Deductions	87,376,526	0	87,376,526	87,376,526
Total Taxable Value	422,487,217	0	422,487,217	422,487,217

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
428,063,736	422,487,217	428,063,736	422,487,217

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,576,519	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
428,063,736	422,487,217	428,063,736	422,487,217

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	99,644,498	N/A	99,644,498	99,644,498
B - MULTIFAMILY	299,317	N/A	299,317	299,317
C1 - VACANT LOTS	2,563,048	N/A	2,563,048	2,563,048
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,277,083	N/A	15,277,083	15,277,083
D2 - FARM & RANCH IMP	617,072	N/A	617,072	617,072
E - NON-AG LAND AND IMPROVEMENTS	56,942,606	N/A	56,942,606	56,942,606
F1 - COMMERCIAL REAL	43,686,117	N/A	43,686,117	43,686,117
F2 - INDUSTRIAL REAL	63,419,401	N/A	63,419,401	63,419,401
G - ALL MINERALS	17,338,460	N/A	17,338,460	17,338,460
J - ALL UTILITIES	16,175,439	N/A	16,175,439	16,175,439
L1 - COMMERCIAL PERSONAL	47,279,557	N/A	47,279,557	47,279,557
L2 - INDUSTRIAL PERSONAL	142,297,810	N/A	142,297,810	142,297,810
M1 - MOBILE HOMES	3,569,367	N/A	3,569,367	3,569,367
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	753,968	N/A	753,968	753,968
Subtotal	509,863,743		509,863,743	509,863,743
Less Total Deductions	87,376,526		87,376,526	87,376,526
Total Taxable Value	422,487,217		422,487,217	422,487,217

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
428,063,736	422,487,217	428,063,736	422,487,217

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
5,576,519	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
428,063,736	422,487,217	428,063,736	422,487,217

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