taxes Property Tax Assistance

2020 ISD Summary Worksheet

152-Lubbock /Lubbock County

152-906/Lubbock-Cooper ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	3,068,408,084	N/A	3,068,408,084	3,068,408,084
B - MULTIFAMILY	140,516,210	N/A	140,516,210	140,516,210
C1 - VACANT LOTS	106,217,159	N/A	106,217,159	106,217,159
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	12,349,044	N/A	12,349,044	12,349,044
D2 - FARM & RANCH IMP	1,246,650	N/A	1,246,650	1,246,650
E - NON-AG LAND AND IMPROVEMENTS	106,869,581	N/A	106,869,581	106,869,581
F1 - COMMERCIAL REAL	483,685,731	N/A	483,685,731	483,685,731
F2 - INDUSTRIAL REAL	4,522,773	N/A	4,522,773	4,522,773
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	44,279,667	N/A	44,279,667	44,279,667
L1 - COMMERCIAL PERSONAL	152,566,132	N/A	152,566,132	152,566,132
L2 - INDUSTRIAL PERSONAL	6,729,964	N/A	6,729,964	6,729,964
M1 - MOBILE HOMES	6,431,919	N/A	6,431,919	6,431,919
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	28,491,222	N/A	28,491,222	28,491,222
S - SPECIAL INVENTORY	182,200	N/A	182,200	182,200
Subtotal	4,162,496,336	0	4,162,496,336	4,162,496,336
Less Total Deductions	378,138,774	0	378,138,774	378,138,774
Total Taxable Value	3,784,357,562	0	3,784,357,562	3,784,357,562

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
3,861,114,889	3,784,357,562	3,861,114,889	3,784,357,562

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
76,757,327	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
3,861,114,889	3,784,357,562	3,861,114,889	3,784,357,562

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	3,068,408,084	N/A	3,068,408,084	3,068,408,084
B - MULTIFAMILY	140,516,210	N/A	140,516,210	140,516,210
C1 - VACANT LOTS	106,217,159	N/A	106,217,159	106,217,159
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	12,349,044	N/A	12,349,044	12,349,044
D2 - FARM & RANCH IMP	1,246,650	N/A	1,246,650	1,246,650
E - NON-AG LAND AND IMPROVEMENTS	106,869,581	N/A	106,869,581	106,869,581
F1 - COMMERCIAL REAL	483,685,731	N/A	483,685,731	483,685,731
F2 - INDUSTRIAL REAL	4,522,773	N/A	4,522,773	4,522,773
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	44,279,667	N/A	44,279,667	44,279,667
L1 - COMMERCIAL PERSONAL	152,566,132	N/A	152,566,132	152,566,132
L2 - INDUSTRIAL PERSONAL	6,729,964	N/A	6,729,964	6,729,964
M1 - MOBILE HOMES	6,431,919	N/A	6,431,919	6,431,919
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	28,491,222	N/A	28,491,222	28,491,222
S - SPECIAL INVENTORY	182,200	N/A	182,200	182,200
Subtotal	4,162,496,336		4,162,496,336	4,162,496,336
Less Total Deductions	378,138,774		378,138,774	378,138,774
Total Taxable Value	3,784,357,562		3,784,357,562	3,784,357,562

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
3,861,114,889	3,784,357,562	3,861,114,889	3,784,357,562

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
76,757,327	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
3,861,114,889	3,784,357,562	3,861,114,889	3,784,357,562

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