taxes Property Tax Assistance

2021 ISD Summary Worksheet

152-Lubbock /Lubbock County

152-902/New Deal ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 108,028,686 0.9193 117,511,896 108,028,686
B - MULTIFAMILY 651,503 N/A 651,503 651,503
C1 - VACANT LOTS 2,589,656 N/A 2,589,656 2,589,656
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,628,403 0.9264 16,869,359 15,628,403
D2 - FARM & RANCH IMP 647,366 N/A 647,366 647,366
E - NON-AG LAND AND IMPROVEMENTS 57,313,260 0.9295 61,660,312 57,313,260
F1 - COMMERCIAL REAL 46,377,684 1.0236 45,308,406 46,377,684
F2 - INDUSTRIAL REAL 63,323,778 N/A 63,323,778 63,323,778
G - ALL MINERALS 13,423,610 1.0971 12,235,539 13,423,610
J - ALL UTILITIES 18,348,378 0.8433 21,757,830 18,348,378
L1 - COMMERCIAL PERSONAL 63,408,473 0.9909 63,990,789 63,408,473
L2 - INDUSTRIAL PERSONAL 164,216,822 N/A 164,216,822 164,216,822
M1 - MOBILE HOMES 3,701,787 N/A 3,701,787 3,701,787
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 828,246 N/A 828,246 828,246
Subtotal 558,487,652 0 575,293,289 558,487,652
Less Total Deductions 60,564,414 0 63,711,718 60,564,414
Total Taxable Value 497,923,238 0 511,581,571 497,923,238

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
502,207,846 497,923,238 502,207,846 497,923,238


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,284,608 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
502,207,846 497,923,238 502,207,846 497,923,238

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

152-902-02/New Deal ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 108,028,686 0.9193 117,511,896 108,028,686
B - MULTIFAMILY 651,503 N/A 651,503 651,503
C1 - VACANT LOTS 2,589,656 N/A 2,589,656 2,589,656
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,628,403 0.9264 16,869,359 15,628,403
D2 - FARM & RANCH IMP 647,366 N/A 647,366 647,366
E - NON-AG LAND AND IMPROVEMENTS 57,313,260 0.9295 61,660,312 57,313,260
F1 - COMMERCIAL REAL 46,377,684 1.0236 45,308,406 46,377,684
F2 - INDUSTRIAL REAL 63,323,778 N/A 63,323,778 63,323,778
G - ALL MINERALS 13,423,610 1.0971 12,235,539 13,423,610
J - ALL UTILITIES 18,348,378 0.8433 21,757,830 18,348,378
L1 - COMMERCIAL PERSONAL 63,408,473 0.9909 63,990,789 63,408,473
L2 - INDUSTRIAL PERSONAL 164,216,822 N/A 164,216,822 164,216,822
M1 - MOBILE HOMES 3,701,787 N/A 3,701,787 3,701,787
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 828,246 N/A 828,246 828,246
Subtotal 558,487,652 575,293,289 558,487,652
Less Total Deductions 60,564,414 63,711,718 60,564,414
Total Taxable Value 497,923,238 511,581,571 497,923,238

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
502,207,846 497,923,238 502,207,846 497,923,238


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,284,608 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
502,207,846 497,923,238 502,207,846 497,923,238

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