taxes Property Tax Assistance

2020 ISD Summary Worksheet

152-Lubbock

152-901/Lubbock ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 6,979,323,154 N/A 6,979,323,154 6,979,323,154
B - MULTIFAMILY 1,403,799,417 N/A 1,403,799,417 1,403,799,417
C1 - VACANT LOTS 88,136,354 N/A 88,136,354 88,136,354
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,478,754 N/A 2,478,754 2,478,754
D2 - FARM & RANCH IMP 205,568 N/A 205,568 205,568
E - NON-AG LAND AND IMPROVEMENTS 7,889,800 N/A 7,889,800 7,889,800
F1 - COMMERCIAL REAL 2,747,449,487 N/A 2,747,449,487 2,747,449,487
F2 - INDUSTRIAL REAL 115,541,095 N/A 115,541,095 115,541,095
G - ALL MINERALS 15,184,920 N/A 15,184,920 15,184,920
J - ALL UTILITIES 237,414,764 N/A 237,414,764 237,414,764
L1 - COMMERCIAL PERSONAL 1,249,994,823 N/A 1,249,994,823 1,249,994,823
L2 - INDUSTRIAL PERSONAL 327,095,204 N/A 327,095,204 327,095,204
M1 - MOBILE HOMES 3,718,482 N/A 3,718,482 3,718,482
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 953,346 N/A 953,346 953,346
S - SPECIAL INVENTORY 65,737,226 N/A 65,737,226 65,737,226
Subtotal 13,244,922,394 0 13,244,922,394 13,244,922,394
Less Total Deductions 1,506,777,799 0 1,506,777,799 1,506,777,799
Total Taxable Value 11,738,144,595 0 11,738,144,595 11,738,144,595

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
12,020,474,127 11,738,144,595 12,020,474,127 11,738,144,595


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
282,329,532 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
12,020,474,127 11,738,144,595 12,020,474,127 11,738,144,595

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

152-901-02/Lubbock ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 6,979,323,154 N/A 6,979,323,154 6,979,323,154
B - MULTIFAMILY 1,403,799,417 N/A 1,403,799,417 1,403,799,417
C1 - VACANT LOTS 88,136,354 N/A 88,136,354 88,136,354
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,478,754 N/A 2,478,754 2,478,754
D2 - FARM & RANCH IMP 205,568 N/A 205,568 205,568
E - NON-AG LAND AND IMPROVEMENTS 7,889,800 N/A 7,889,800 7,889,800
F1 - COMMERCIAL REAL 2,747,449,487 N/A 2,747,449,487 2,747,449,487
F2 - INDUSTRIAL REAL 115,541,095 N/A 115,541,095 115,541,095
G - ALL MINERALS 15,184,920 N/A 15,184,920 15,184,920
J - ALL UTILITIES 237,414,764 N/A 237,414,764 237,414,764
L1 - COMMERCIAL PERSONAL 1,249,994,823 N/A 1,249,994,823 1,249,994,823
L2 - INDUSTRIAL PERSONAL 327,095,204 N/A 327,095,204 327,095,204
M1 - MOBILE HOMES 3,718,482 N/A 3,718,482 3,718,482
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 953,346 N/A 953,346 953,346
S - SPECIAL INVENTORY 65,737,226 N/A 65,737,226 65,737,226
Subtotal 13,244,922,394 13,244,922,394 13,244,922,394
Less Total Deductions 1,506,777,799 1,506,777,799 1,506,777,799
Total Taxable Value 11,738,144,595 11,738,144,595 11,738,144,595

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
12,020,474,127 11,738,144,595 12,020,474,127 11,738,144,595


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
282,329,532 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
12,020,474,127 11,738,144,595 12,020,474,127 11,738,144,595

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