taxes Property Tax Assistance

2020 ISD Summary Worksheet

152-Lubbock

152-903/Slaton ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	273,204,688	0.9186	297,414,204	273,204,688
B - MULTIFAMILY	4,590,349	N/A	4,590,349	4,590,349
C1 - VACANT LOTS	3,282,266	N/A	3,282,266	3,282,266
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,341,890	1.0492	7,951,063	8,341,890
D2 - FARM & RANCH IMP	1,054,926	N/A	1,054,926	1,054,926
E - NON-AG LAND AND IMPROVEMENTS	23,637,125	1.0185	23,207,781	23,637,125
F1 - COMMERCIAL REAL	40,111,657	0.9421	42,576,857	40,111,657
F2 - INDUSTRIAL REAL	1,309,252	N/A	1,309,252	1,309,252
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	141,661,908	0.7804	181,524,741	141,661,908
L1 - COMMERCIAL PERSONAL	25,899,767	1.0760	24,070,415	25,899,767
L2 - INDUSTRIAL PERSONAL	13,317,312	N/A	13,317,312	13,317,312
M1 - MOBILE HOMES	1,733,437	N/A	1,733,437	1,733,437
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	66,627	N/A	66,627	66,627
S - SPECIAL INVENTORY	3,825,993	N/A	3,825,993	3,825,993
Subtotal	542,037,197	0	605,925,223	542,037,197
Less Total Deductions	89,197,181	0	98,084,060	89,197,181
Total Taxable Value	452,840,016	0	507,841,163	452,840,016

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
467,548,594	452,840,016	467,548,594	452,840,016

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
14,708,578	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
467,548,594	452,840,016	467,548,594	452,840,016

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

153-Lynn

152-903/Slaton ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	0	N/A	0	0
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	0	N/A	0	0
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,516,230	N/A	1,516,230	1,516,230
D2 - FARM & RANCH IMP	319,900	N/A	319,900	319,900
E - NON-AG LAND AND IMPROVEMENTS	981,840	N/A	981,840	981,840
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	182,140	N/A	182,140	182,140
L1 - COMMERCIAL PERSONAL	0	N/A	0	0
L2 - INDUSTRIAL PERSONAL	18,940	N/A	18,940	18,940
M1 - MOBILE HOMES	24,150	N/A	24,150	24,150
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	3,043,200	0	3,043,200	3,043,200
Less Total Deductions	667,176	0	667,176	667,176
Total Taxable Value	2,376,024	0	2,376,024	2,376,024

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
2,446,024	2,376,024	2,446,024	2,376,024

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
70,000	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
2,446,024	2,376,024	2,446,024	2,376,024

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

152-903-02/Slaton ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	273,204,688	0.9186	297,414,204	273,204,688
B - MULTIFAMILY	4,590,349	N/A	4,590,349	4,590,349
C1 - VACANT LOTS	3,282,266	N/A	3,282,266	3,282,266
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,858,120	1.0413	9,467,293	9,858,120
D2 - FARM & RANCH IMP	1,374,826	N/A	1,374,826	1,374,826
E - NON-AG LAND AND IMPROVEMENTS	24,618,965	1.0177	24,189,621	24,618,965
F1 - COMMERCIAL REAL	40,111,657	0.9421	42,576,857	40,111,657
F2 - INDUSTRIAL REAL	1,309,252	N/A	1,309,252	1,309,252
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	141,844,048	0.7806	181,706,881	141,844,048
L1 - COMMERCIAL PERSONAL	25,899,767	1.0760	24,070,415	25,899,767
L2 - INDUSTRIAL PERSONAL	13,336,252	N/A	13,336,252	13,336,252
M1 - MOBILE HOMES	1,757,587	N/A	1,757,587	1,757,587
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	66,627	N/A	66,627	66,627
S - SPECIAL INVENTORY	3,825,993	N/A	3,825,993	3,825,993
Subtotal	545,080,397		608,968,423	545,080,397
Less Total Deductions	89,864,357		98,751,236	89,864,357
Total Taxable Value	455,216,040		510,217,187	455,216,040

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
469,994,618	455,216,040	469,994,618	455,216,040

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
14,778,578	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
469,994,618	455,216,040	469,994,618	455,216,040

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