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