taxes Property Tax Assistance

2020 ISD Summary Worksheet

152-Lubbock

152-906/Lubbock-Cooper ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 3,068,135,659 N/A 3,068,135,659 3,068,135,659
B - MULTIFAMILY 140,559,394 N/A 140,559,394 140,559,394
C1 - VACANT LOTS 107,799,471 N/A 107,799,471 107,799,471
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,382,450 N/A 12,382,450 12,382,450
D2 - FARM & RANCH IMP 1,246,650 N/A 1,246,650 1,246,650
E - NON-AG LAND AND IMPROVEMENTS 107,210,175 N/A 107,210,175 107,210,175
F1 - COMMERCIAL REAL 488,299,929 N/A 488,299,929 488,299,929
F2 - INDUSTRIAL REAL 4,707,496 N/A 4,707,496 4,707,496
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 46,227,867 N/A 46,227,867 46,227,867
L1 - COMMERCIAL PERSONAL 155,651,791 N/A 155,651,791 155,651,791
L2 - INDUSTRIAL PERSONAL 6,813,070 N/A 6,813,070 6,813,070
M1 - MOBILE HOMES 6,464,568 N/A 6,464,568 6,464,568
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 28,491,222 N/A 28,491,222 28,491,222
S - SPECIAL INVENTORY 182,200 N/A 182,200 182,200
Subtotal 4,174,171,942 0 4,174,171,942 4,174,171,942
Less Total Deductions 359,706,945 0 359,706,945 359,706,945
Total Taxable Value 3,814,464,997 0 3,814,464,997 3,814,464,997

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
3,887,552,715 3,814,464,997 3,887,552,715 3,814,464,997


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
73,087,718 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
3,887,552,715 3,814,464,997 3,887,552,715 3,814,464,997

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

152-906-02/Lubbock-Cooper ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 3,068,135,659 N/A 3,068,135,659 3,068,135,659
B - MULTIFAMILY 140,559,394 N/A 140,559,394 140,559,394
C1 - VACANT LOTS 107,799,471 N/A 107,799,471 107,799,471
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,382,450 N/A 12,382,450 12,382,450
D2 - FARM & RANCH IMP 1,246,650 N/A 1,246,650 1,246,650
E - NON-AG LAND AND IMPROVEMENTS 107,210,175 N/A 107,210,175 107,210,175
F1 - COMMERCIAL REAL 488,299,929 N/A 488,299,929 488,299,929
F2 - INDUSTRIAL REAL 4,707,496 N/A 4,707,496 4,707,496
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 46,227,867 N/A 46,227,867 46,227,867
L1 - COMMERCIAL PERSONAL 155,651,791 N/A 155,651,791 155,651,791
L2 - INDUSTRIAL PERSONAL 6,813,070 N/A 6,813,070 6,813,070
M1 - MOBILE HOMES 6,464,568 N/A 6,464,568 6,464,568
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 28,491,222 N/A 28,491,222 28,491,222
S - SPECIAL INVENTORY 182,200 N/A 182,200 182,200
Subtotal 4,174,171,942 4,174,171,942 4,174,171,942
Less Total Deductions 359,706,945 359,706,945 359,706,945
Total Taxable Value 3,814,464,997 3,814,464,997 3,814,464,997

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
3,887,552,715 3,814,464,997 3,887,552,715 3,814,464,997


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
73,087,718 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
3,887,552,715 3,814,464,997 3,887,552,715 3,814,464,997

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