taxes Property Tax Assistance

2020 ISD Summary Worksheet

152-Lubbock /Lubbock County

152-909/Shallowater ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 280,006,758 N/A 280,006,758 280,006,758
B - MULTIFAMILY 2,507,747 N/A 2,507,747 2,507,747
C1 - VACANT LOTS 4,589,608 N/A 4,589,608 4,589,608
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,137,327 N/A 9,137,327 9,137,327
D2 - FARM & RANCH IMP 350,590 N/A 350,590 350,590
E - NON-AG LAND AND IMPROVEMENTS 52,630,378 N/A 52,630,378 52,630,378
F1 - COMMERCIAL REAL 30,017,510 N/A 30,017,510 30,017,510
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 24,425,460 N/A 24,425,460 24,425,460
J - ALL UTILITIES 20,182,713 N/A 20,182,713 20,182,713
L1 - COMMERCIAL PERSONAL 11,436,625 N/A 11,436,625 11,436,625
L2 - INDUSTRIAL PERSONAL 1,344,041 N/A 1,344,041 1,344,041
M1 - MOBILE HOMES 3,470,842 N/A 3,470,842 3,470,842
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,229,822 N/A 1,229,822 1,229,822
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 441,329,421 0 441,329,421 441,329,421
Less Total Deductions 60,884,734 0 60,884,734 60,884,734
Total Taxable Value 380,444,687 0 380,444,687 380,444,687

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
390,917,227 380,444,687 390,917,227 380,444,687


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,472,540 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
390,917,227 380,444,687 390,917,227 380,444,687

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

152-909-02/Shallowater ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 280,006,758 N/A 280,006,758 280,006,758
B - MULTIFAMILY 2,507,747 N/A 2,507,747 2,507,747
C1 - VACANT LOTS 4,589,608 N/A 4,589,608 4,589,608
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,137,327 N/A 9,137,327 9,137,327
D2 - FARM & RANCH IMP 350,590 N/A 350,590 350,590
E - NON-AG LAND AND IMPROVEMENTS 52,630,378 N/A 52,630,378 52,630,378
F1 - COMMERCIAL REAL 30,017,510 N/A 30,017,510 30,017,510
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 24,425,460 N/A 24,425,460 24,425,460
J - ALL UTILITIES 20,182,713 N/A 20,182,713 20,182,713
L1 - COMMERCIAL PERSONAL 11,436,625 N/A 11,436,625 11,436,625
L2 - INDUSTRIAL PERSONAL 1,344,041 N/A 1,344,041 1,344,041
M1 - MOBILE HOMES 3,470,842 N/A 3,470,842 3,470,842
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,229,822 N/A 1,229,822 1,229,822
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 441,329,421 441,329,421 441,329,421
Less Total Deductions 60,884,734 60,884,734 60,884,734
Total Taxable Value 380,444,687 380,444,687 380,444,687

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
390,917,227 380,444,687 390,917,227 380,444,687


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
10,472,540 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
390,917,227 380,444,687 390,917,227 380,444,687

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