taxes Property Tax Assistance

2021 ISD Summary Worksheet

152-Lubbock /Lubbock County

152-906/Lubbock-Cooper ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 3,435,239,531 0.9883 3,475,907,651 3,435,239,531
B - MULTIFAMILY 181,892,167 N/A 181,892,167 181,892,167
C1 - VACANT LOTS 98,717,085 N/A 98,717,085 98,717,085
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,444,556 0.9440 13,182,432 12,444,556
D2 - FARM & RANCH IMP 1,109,964 N/A 1,109,964 1,109,964
E - NON-AG LAND AND IMPROVEMENTS 109,945,877 N/A 109,945,877 109,945,877
F1 - COMMERCIAL REAL 554,719,147 1.0076 550,535,080 554,719,147
F2 - INDUSTRIAL REAL 9,604,645 N/A 9,604,645 9,604,645
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 49,159,661 N/A 49,159,661 49,159,661
L1 - COMMERCIAL PERSONAL 201,334,798 N/A 201,334,798 201,334,798
L2 - INDUSTRIAL PERSONAL 6,995,273 N/A 6,995,273 6,995,273
M1 - MOBILE HOMES 6,878,922 N/A 6,878,922 6,878,922
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 33,284,806 N/A 33,284,806 33,284,806
S - SPECIAL INVENTORY 3,173,512 N/A 3,173,512 3,173,512
Subtotal 4,704,499,944 0 4,741,721,873 4,704,499,944
Less Total Deductions 412,410,912 0 421,828,393 412,410,912
Total Taxable Value 4,292,089,032 0 4,319,893,480 4,292,089,032

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
4,372,727,418 4,292,089,032 4,372,727,418 4,292,089,032


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
80,638,386 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
4,372,727,418 4,292,089,032 4,372,727,418 4,292,089,032

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 3,435,239,531 0.9883 3,475,907,651 3,435,239,531
B - MULTIFAMILY 181,892,167 N/A 181,892,167 181,892,167
C1 - VACANT LOTS 98,717,085 N/A 98,717,085 98,717,085
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,444,556 0.9440 13,182,432 12,444,556
D2 - FARM & RANCH IMP 1,109,964 N/A 1,109,964 1,109,964
E - NON-AG LAND AND IMPROVEMENTS 109,945,877 N/A 109,945,877 109,945,877
F1 - COMMERCIAL REAL 554,719,147 1.0076 550,535,080 554,719,147
F2 - INDUSTRIAL REAL 9,604,645 N/A 9,604,645 9,604,645
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 49,159,661 N/A 49,159,661 49,159,661
L1 - COMMERCIAL PERSONAL 201,334,798 N/A 201,334,798 201,334,798
L2 - INDUSTRIAL PERSONAL 6,995,273 N/A 6,995,273 6,995,273
M1 - MOBILE HOMES 6,878,922 N/A 6,878,922 6,878,922
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 33,284,806 N/A 33,284,806 33,284,806
S - SPECIAL INVENTORY 3,173,512 N/A 3,173,512 3,173,512
Subtotal 4,704,499,944 4,741,721,873 4,704,499,944
Less Total Deductions 412,410,912 421,828,393 412,410,912
Total Taxable Value 4,292,089,032 4,319,893,480 4,292,089,032

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
4,372,727,418 4,292,089,032 4,372,727,418 4,292,089,032


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
80,638,386 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
4,372,727,418 4,292,089,032 4,372,727,418 4,292,089,032

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