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 192,767,732 0.9182 209,940,897 192,767,732
B - MULTIFAMILY 1,139,944 N/A 1,139,944 1,139,944
C1 - VACANT LOTS 4,090,840 N/A 4,090,840 4,090,840
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,570,993 0.9759 13,906,003 13,570,993
D2 - FARM & RANCH IMP 767,032 N/A 767,032 767,032
E - NON-AG LAND AND IMPROVEMENTS 31,370,768 0.9710 32,307,691 31,370,768
F1 - COMMERCIAL REAL 25,438,881 0.9931 25,615,629 25,438,881
F2 - INDUSTRIAL REAL 5,058,218 N/A 5,058,218 5,058,218
G - ALL MINERALS 13,992,780 1.0006 13,984,389 13,992,780
J - ALL UTILITIES 12,596,384 N/A 12,596,384 12,596,384
L1 - COMMERCIAL PERSONAL 20,018,041 0.9692 20,654,190 20,018,041
L2 - INDUSTRIAL PERSONAL 3,072,810 N/A 3,072,810 3,072,810
M1 - MOBILE HOMES 6,177,886 N/A 6,177,886 6,177,886
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 330,336,844 0 349,586,448 330,336,844
Less Total Deductions 52,647,054 0 58,089,603 52,647,054
Total Taxable Value 277,689,790 0 291,496,845 277,689,790

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
283,421,252 277,689,790 283,421,252 277,689,790


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,731,462 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
283,421,252 277,689,790 283,421,252 277,689,790

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

152-908-02/Roosevelt ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 192,767,732 0.9182 209,940,897 192,767,732
B - MULTIFAMILY 1,139,944 N/A 1,139,944 1,139,944
C1 - VACANT LOTS 4,090,840 N/A 4,090,840 4,090,840
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,570,993 0.9759 13,906,003 13,570,993
D2 - FARM & RANCH IMP 767,032 N/A 767,032 767,032
E - NON-AG LAND AND IMPROVEMENTS 31,370,768 0.9710 32,307,691 31,370,768
F1 - COMMERCIAL REAL 25,438,881 0.9931 25,615,629 25,438,881
F2 - INDUSTRIAL REAL 5,058,218 N/A 5,058,218 5,058,218
G - ALL MINERALS 13,992,780 1.0006 13,984,389 13,992,780
J - ALL UTILITIES 12,596,384 N/A 12,596,384 12,596,384
L1 - COMMERCIAL PERSONAL 20,018,041 0.9692 20,654,190 20,018,041
L2 - INDUSTRIAL PERSONAL 3,072,810 N/A 3,072,810 3,072,810
M1 - MOBILE HOMES 6,177,886 N/A 6,177,886 6,177,886
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 330,336,844 349,586,448 330,336,844
Less Total Deductions 52,647,054 58,089,603 52,647,054
Total Taxable Value 277,689,790 291,496,845 277,689,790

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
283,421,252 277,689,790 283,421,252 277,689,790


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,731,462 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
283,421,252 277,689,790 283,421,252 277,689,790

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