taxes Property Tax Assistance

2021 ISD Summary Worksheet

152-Lubbock /Lubbock County

152-908/Roosevelt ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	192,643,593	0.9289	207,388,947	192,643,593
B - MULTIFAMILY	1,139,944	N/A	1,139,944	1,139,944
C1 - VACANT LOTS	4,141,378	N/A	4,141,378	4,141,378
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,570,993	0.9761	13,903,939	13,570,993
D2 - FARM & RANCH IMP	840,906	N/A	840,906	840,906
E - NON-AG LAND AND IMPROVEMENTS	31,587,201	1.0545	29,954,671	31,587,201
F1 - COMMERCIAL REAL	22,803,098	1.0006	22,789,424	22,803,098
F2 - INDUSTRIAL REAL	7,707,492	N/A	7,707,492	7,707,492
G - ALL MINERALS	14,061,690	1.0006	14,053,258	14,061,690
J - ALL UTILITIES	12,596,384	N/A	12,596,384	12,596,384
L1 - COMMERCIAL PERSONAL	19,277,076	0.9692	19,889,678	19,277,076
L2 - INDUSTRIAL PERSONAL	3,072,810	N/A	3,072,810	3,072,810
M1 - MOBILE HOMES	6,111,886	N/A	6,111,886	6,111,886
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	11,900	N/A	11,900	11,900
S - SPECIAL INVENTORY	262,635	N/A	262,635	262,635
Subtotal	329,828,986	0	343,865,252	329,828,986
Less Total Deductions	54,109,978	0	59,678,966	54,109,978
Total Taxable Value	275,719,008	0	284,186,286	275,719,008

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
283,304,996	275,719,008	283,304,996	275,719,008

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
7,585,988	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
283,304,996	275,719,008	283,304,996	275,719,008

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

152-908-02/Roosevelt ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	192,643,593	0.9289	207,388,947	192,643,593
B - MULTIFAMILY	1,139,944	N/A	1,139,944	1,139,944
C1 - VACANT LOTS	4,141,378	N/A	4,141,378	4,141,378
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,570,993	0.9761	13,903,939	13,570,993
D2 - FARM & RANCH IMP	840,906	N/A	840,906	840,906
E - NON-AG LAND AND IMPROVEMENTS	31,587,201	1.0545	29,954,671	31,587,201
F1 - COMMERCIAL REAL	22,803,098	1.0006	22,789,424	22,803,098
F2 - INDUSTRIAL REAL	7,707,492	N/A	7,707,492	7,707,492
G - ALL MINERALS	14,061,690	1.0006	14,053,258	14,061,690
J - ALL UTILITIES	12,596,384	N/A	12,596,384	12,596,384
L1 - COMMERCIAL PERSONAL	19,277,076	0.9692	19,889,678	19,277,076
L2 - INDUSTRIAL PERSONAL	3,072,810	N/A	3,072,810	3,072,810
M1 - MOBILE HOMES	6,111,886	N/A	6,111,886	6,111,886
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	11,900	N/A	11,900	11,900
S - SPECIAL INVENTORY	262,635	N/A	262,635	262,635
Subtotal	329,828,986		343,865,252	329,828,986
Less Total Deductions	54,109,978		59,678,966	54,109,978
Total Taxable Value	275,719,008		284,186,286	275,719,008

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
283,304,996	275,719,008	283,304,996	275,719,008

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
7,585,988	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
283,304,996	275,719,008	283,304,996	275,719,008

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