taxes Property Tax Assistance

2020 ISD Summary Worksheet

152-Lubbock /Lubbock County

152-908/Roosevelt ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	185,077,357	N/A	185,077,357	185,077,357
B - MULTIFAMILY	837,703	N/A	837,703	837,703
C1 - VACANT LOTS	3,909,869	N/A	3,909,869	3,909,869
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,143,443	N/A	14,143,443	14,143,443
D2 - FARM & RANCH IMP	550,616	N/A	550,616	550,616
E - NON-AG LAND AND IMPROVEMENTS	32,219,149	N/A	32,219,149	32,219,149
F1 - COMMERCIAL REAL	20,742,252	N/A	20,742,252	20,742,252
F2 - INDUSTRIAL REAL	2,967,910	N/A	2,967,910	2,967,910
G - ALL MINERALS	21,804,230	N/A	21,804,230	21,804,230
J - ALL UTILITIES	11,563,524	N/A	11,563,524	11,563,524
L1 - COMMERCIAL PERSONAL	14,518,797	N/A	14,518,797	14,518,797
L2 - INDUSTRIAL PERSONAL	5,664,101	N/A	5,664,101	5,664,101
M1 - MOBILE HOMES	4,193,636	N/A	4,193,636	4,193,636
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	114,605	N/A	114,605	114,605
Subtotal	318,307,192	0	318,307,192	318,307,192
Less Total Deductions	53,842,282	0	53,842,282	53,842,282
Total Taxable Value	264,464,910	0	264,464,910	264,464,910

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
272,044,573	264,464,910	272,044,573	264,464,910

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
7,579,663	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
272,044,573	264,464,910	272,044,573	264,464,910

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

152-908-02/Roosevelt ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	185,077,357	N/A	185,077,357	185,077,357
B - MULTIFAMILY	837,703	N/A	837,703	837,703
C1 - VACANT LOTS	3,909,869	N/A	3,909,869	3,909,869
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,143,443	N/A	14,143,443	14,143,443
D2 - FARM & RANCH IMP	550,616	N/A	550,616	550,616
E - NON-AG LAND AND IMPROVEMENTS	32,219,149	N/A	32,219,149	32,219,149
F1 - COMMERCIAL REAL	20,742,252	N/A	20,742,252	20,742,252
F2 - INDUSTRIAL REAL	2,967,910	N/A	2,967,910	2,967,910
G - ALL MINERALS	21,804,230	N/A	21,804,230	21,804,230
J - ALL UTILITIES	11,563,524	N/A	11,563,524	11,563,524
L1 - COMMERCIAL PERSONAL	14,518,797	N/A	14,518,797	14,518,797
L2 - INDUSTRIAL PERSONAL	5,664,101	N/A	5,664,101	5,664,101
M1 - MOBILE HOMES	4,193,636	N/A	4,193,636	4,193,636
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	114,605	N/A	114,605	114,605
Subtotal	318,307,192		318,307,192	318,307,192
Less Total Deductions	53,842,282		53,842,282	53,842,282
Total Taxable Value	264,464,910		264,464,910	264,464,910

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
272,044,573	264,464,910	272,044,573	264,464,910

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
7,579,663	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
272,044,573	264,464,910	272,044,573	264,464,910

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