taxes Property Tax Assistance

2021 ISD Summary Worksheet

Lubbock ISD (all splits)   Lubbock County  

152-Lubbock/Lubbock County

152-901/Lubbock ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 7,493,888,561 0.9801 7,646,044,854 7,493,888,561
B - MULTIFAMILY 1,483,529,298 0.9746 1,522,193,000 1,483,529,298
C1 - VACANT LOTS 91,060,918 N/A 91,060,918 91,060,918
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,384,097 1.0287 2,317,480 2,384,097
D2 - FARM & RANCH IMP 217,090 N/A 217,090 217,090
E - NON-AG LAND AND IMPROVEMENTS 8,471,115 N/A 8,471,115 8,471,115
F1 - COMMERCIAL REAL 2,792,919,393 0.9878 2,827,413,842 2,792,919,393
F2 - INDUSTRIAL REAL 112,552,152 N/A 112,552,152 112,552,152
G - ALL MINERALS 9,192,920 N/A 9,192,920 9,192,920
J - ALL UTILITIES 245,957,510 N/A 245,957,510 245,957,510
L1 - COMMERCIAL PERSONAL 1,303,344,998 0.9858 1,322,119,089 1,303,344,998
L2 - INDUSTRIAL PERSONAL 263,520,658 N/A 263,520,658 263,520,658
M1 - MOBILE HOMES 3,853,345 N/A 3,853,345 3,853,345
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,520,785 N/A 1,520,785 1,520,785
S - SPECIAL INVENTORY 59,797,446 N/A 59,797,446 59,797,446
Subtotal 13,872,210,286 0 14,116,232,204 13,872,210,286
Less Total Deductions 1,693,827,644 0 1,742,587,113 1,693,827,644
Total Taxable Value 12,178,382,642 0 12,373,645,091 12,178,382,642

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's office 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 school 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

Measure Value Description
T1 12,461,249,678 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 12,178,382,642 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 12,461,249,678 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 12,178,382,642 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 12,461,249,678 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 12,178,382,642 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 12,461,249,678 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 12,178,382,642 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 282,867,036 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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152-901-02/Lubbock ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 7,493,888,561 0.9801 7,646,044,854 7,493,888,561
B - MULTIFAMILY 1,483,529,298 0.9746 1,522,193,000 1,483,529,298
C1 - VACANT LOTS 91,060,918 N/A 91,060,918 91,060,918
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,384,097 1.0287 2,317,480 2,384,097
D2 - FARM & RANCH IMP 217,090 N/A 217,090 217,090
E - NON-AG LAND AND IMPROVEMENTS 8,471,115 N/A 8,471,115 8,471,115
F1 - COMMERCIAL REAL 2,792,919,393 0.9878 2,827,413,842 2,792,919,393
F2 - INDUSTRIAL REAL 112,552,152 N/A 112,552,152 112,552,152
G - ALL MINERALS 9,192,920 N/A 9,192,920 9,192,920
J - ALL UTILITIES 245,957,510 N/A 245,957,510 245,957,510
L1 - COMMERCIAL PERSONAL 1,303,344,998 0.9858 1,322,119,089 1,303,344,998
L2 - INDUSTRIAL PERSONAL 263,520,658 N/A 263,520,658 263,520,658
M1 - MOBILE HOMES 3,853,345 N/A 3,853,345 3,853,345
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,520,785 N/A 1,520,785 1,520,785
S - SPECIAL INVENTORY 59,797,446 N/A 59,797,446 59,797,446
Subtotal 13,872,210,286 14,116,232,204 13,872,210,286
Less Total Deductions 1,693,827,644 1,742,587,113 1,693,827,644
Total Taxable Value 12,178,382,642 12,373,645,091 12,178,382,642

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's office 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 school 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

Measure Value Description
T1 12,461,249,678 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 12,178,382,642 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 12,461,249,678 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 12,178,382,642 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 12,461,249,678 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 12,178,382,642 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 12,461,249,678 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 12,178,382,642 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 282,867,036 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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