taxes Property Tax Assistance

2021 ISD Summary Worksheet

Idalou ISD (all splits)   Lubbock County  

152-Lubbock/Lubbock County

152-910/Idalou ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 178,767,631 0.9820 182,044,431 178,767,631
B - MULTIFAMILY 1,627,977 N/A 1,627,977 1,627,977
C1 - VACANT LOTS 1,840,903 N/A 1,840,903 1,840,903
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,665,537 1.0381 18,944,155 19,665,537
D2 - FARM & RANCH IMP 520,720 N/A 520,720 520,720
E - NON-AG LAND AND IMPROVEMENTS 59,169,287 0.8140 72,689,542 59,169,287
F1 - COMMERCIAL REAL 20,779,467 0.9995 20,789,862 20,779,467
F2 - INDUSTRIAL REAL 6,233,742 N/A 6,233,742 6,233,742
G - ALL MINERALS 5,438,631 N/A 5,438,631 5,438,631
J - ALL UTILITIES 11,504,043 N/A 11,504,043 11,504,043
L1 - COMMERCIAL PERSONAL 60,911,684 1.0102 60,296,658 60,911,684
L2 - INDUSTRIAL PERSONAL 1,761,989 N/A 1,761,989 1,761,989
M1 - MOBILE HOMES 716,353 N/A 716,353 716,353
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 23,249 N/A 23,249 23,249
Subtotal 368,961,213 0 384,432,255 368,961,213
Less Total Deductions 56,860,150 0 58,103,195 56,860,150
Total Taxable Value 312,101,063 0 326,329,060 312,101,063

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 320,521,859 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 312,101,063 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 320,521,859 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 312,101,063 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 320,521,859 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 312,101,063 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 320,521,859 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 312,101,063 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,420,796 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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152-910-02/Idalou ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 178,767,631 0.9820 182,044,431 178,767,631
B - MULTIFAMILY 1,627,977 N/A 1,627,977 1,627,977
C1 - VACANT LOTS 1,840,903 N/A 1,840,903 1,840,903
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,665,537 1.0381 18,944,155 19,665,537
D2 - FARM & RANCH IMP 520,720 N/A 520,720 520,720
E - NON-AG LAND AND IMPROVEMENTS 59,169,287 0.8140 72,689,542 59,169,287
F1 - COMMERCIAL REAL 20,779,467 0.9995 20,789,862 20,779,467
F2 - INDUSTRIAL REAL 6,233,742 N/A 6,233,742 6,233,742
G - ALL MINERALS 5,438,631 N/A 5,438,631 5,438,631
J - ALL UTILITIES 11,504,043 N/A 11,504,043 11,504,043
L1 - COMMERCIAL PERSONAL 60,911,684 1.0102 60,296,658 60,911,684
L2 - INDUSTRIAL PERSONAL 1,761,989 N/A 1,761,989 1,761,989
M1 - MOBILE HOMES 716,353 N/A 716,353 716,353
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 23,249 N/A 23,249 23,249
Subtotal 368,961,213 384,432,255 368,961,213
Less Total Deductions 56,860,150 58,103,195 56,860,150
Total Taxable Value 312,101,063 326,329,060 312,101,063

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 320,521,859 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 312,101,063 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 320,521,859 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 312,101,063 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 320,521,859 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 312,101,063 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 320,521,859 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 312,101,063 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,420,796 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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