taxes Property Tax Assistance

2021 ISD Summary Worksheet

Shallowater ISD (all splits)   Lubbock County  

152-Lubbock/Lubbock County

152-909/Shallowater ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 317,258,652 0.9902 320,398,558 317,258,652
B - MULTIFAMILY 3,752,031 N/A 3,752,031 3,752,031
C1 - VACANT LOTS 7,781,166 N/A 7,781,166 7,781,166
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,382,074 0.9057 10,358,439 9,382,074
D2 - FARM & RANCH IMP 333,341 N/A 333,341 333,341
E - NON-AG LAND AND IMPROVEMENTS 55,241,061 0.9718 56,844,064 55,241,061
F1 - COMMERCIAL REAL 32,379,675 0.9714 33,332,999 32,379,675
F2 - INDUSTRIAL REAL 41,777 N/A 41,777 41,777
G - ALL MINERALS 17,470,380 1.0233 17,072,589 17,470,380
J - ALL UTILITIES 26,360,253 N/A 26,360,253 26,360,253
L1 - COMMERCIAL PERSONAL 18,822,523 N/A 18,822,523 18,822,523
L2 - INDUSTRIAL PERSONAL 999,054 N/A 999,054 999,054
M1 - MOBILE HOMES 3,725,501 N/A 3,725,501 3,725,501
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,075,162 N/A 1,075,162 1,075,162
S - SPECIAL INVENTORY 5,575 N/A 5,575 5,575
Subtotal 494,628,225 0 500,903,032 494,628,225
Less Total Deductions 66,426,508 0 67,200,389 66,426,508
Total Taxable Value 428,201,717 0 433,702,643 428,201,717

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 439,096,378 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 428,201,717 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 439,096,378 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 428,201,717 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 439,096,378 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 428,201,717 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 439,096,378 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 428,201,717 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 10,894,661 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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152-909-02/Shallowater ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 317,258,652 0.9902 320,398,558 317,258,652
B - MULTIFAMILY 3,752,031 N/A 3,752,031 3,752,031
C1 - VACANT LOTS 7,781,166 N/A 7,781,166 7,781,166
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,382,074 0.9057 10,358,439 9,382,074
D2 - FARM & RANCH IMP 333,341 N/A 333,341 333,341
E - NON-AG LAND AND IMPROVEMENTS 55,241,061 0.9718 56,844,064 55,241,061
F1 - COMMERCIAL REAL 32,379,675 0.9714 33,332,999 32,379,675
F2 - INDUSTRIAL REAL 41,777 N/A 41,777 41,777
G - ALL MINERALS 17,470,380 1.0233 17,072,589 17,470,380
J - ALL UTILITIES 26,360,253 N/A 26,360,253 26,360,253
L1 - COMMERCIAL PERSONAL 18,822,523 N/A 18,822,523 18,822,523
L2 - INDUSTRIAL PERSONAL 999,054 N/A 999,054 999,054
M1 - MOBILE HOMES 3,725,501 N/A 3,725,501 3,725,501
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,075,162 N/A 1,075,162 1,075,162
S - SPECIAL INVENTORY 5,575 N/A 5,575 5,575
Subtotal 494,628,225 500,903,032 494,628,225
Less Total Deductions 66,426,508 67,200,389 66,426,508
Total Taxable Value 428,201,717 433,702,643 428,201,717

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 439,096,378 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 428,201,717 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 439,096,378 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 428,201,717 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 439,096,378 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 428,201,717 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 439,096,378 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 428,201,717 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 10,894,661 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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