taxes Property Tax Assistance

2020 ISD Summary Worksheet

152-Lubbock

152-902/New Deal ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 99,622,999 N/A 99,622,999 99,622,999
B - MULTIFAMILY 299,317 N/A 299,317 299,317
C1 - VACANT LOTS 2,506,921 N/A 2,506,921 2,506,921
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,199,951 N/A 15,199,951 15,199,951
D2 - FARM & RANCH IMP 617,072 N/A 617,072 617,072
E - NON-AG LAND AND IMPROVEMENTS 57,335,152 N/A 57,335,152 57,335,152
F1 - COMMERCIAL REAL 43,731,638 N/A 43,731,638 43,731,638
F2 - INDUSTRIAL REAL 63,419,401 N/A 63,419,401 63,419,401
G - ALL MINERALS 17,337,550 N/A 17,337,550 17,337,550
J - ALL UTILITIES 16,181,099 N/A 16,181,099 16,181,099
L1 - COMMERCIAL PERSONAL 48,100,526 N/A 48,100,526 48,100,526
L2 - INDUSTRIAL PERSONAL 142,344,750 N/A 142,344,750 142,344,750
M1 - MOBILE HOMES 3,563,289 N/A 3,563,289 3,563,289
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 753,968 N/A 753,968 753,968
Subtotal 511,013,633 0 511,013,633 511,013,633
Less Total Deductions 86,713,679 0 86,713,679 86,713,679
Total Taxable Value 424,299,954 0 424,299,954 424,299,954

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
428,670,818 424,299,954 428,670,818 424,299,954


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,370,864 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
428,670,818 424,299,954 428,670,818 424,299,954

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

152-902-02/New Deal ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 99,622,999 N/A 99,622,999 99,622,999
B - MULTIFAMILY 299,317 N/A 299,317 299,317
C1 - VACANT LOTS 2,506,921 N/A 2,506,921 2,506,921
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,199,951 N/A 15,199,951 15,199,951
D2 - FARM & RANCH IMP 617,072 N/A 617,072 617,072
E - NON-AG LAND AND IMPROVEMENTS 57,335,152 N/A 57,335,152 57,335,152
F1 - COMMERCIAL REAL 43,731,638 N/A 43,731,638 43,731,638
F2 - INDUSTRIAL REAL 63,419,401 N/A 63,419,401 63,419,401
G - ALL MINERALS 17,337,550 N/A 17,337,550 17,337,550
J - ALL UTILITIES 16,181,099 N/A 16,181,099 16,181,099
L1 - COMMERCIAL PERSONAL 48,100,526 N/A 48,100,526 48,100,526
L2 - INDUSTRIAL PERSONAL 142,344,750 N/A 142,344,750 142,344,750
M1 - MOBILE HOMES 3,563,289 N/A 3,563,289 3,563,289
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 753,968 N/A 753,968 753,968
Subtotal 511,013,633 511,013,633 511,013,633
Less Total Deductions 86,713,679 86,713,679 86,713,679
Total Taxable Value 424,299,954 424,299,954 424,299,954

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
428,670,818 424,299,954 428,670,818 424,299,954


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,370,864 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
428,670,818 424,299,954 428,670,818 424,299,954

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