taxes Property Tax Assistance

2022 ISD Summary Worksheet

152-Lubbock/Lubbock County

152-901/Lubbock ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	8,745,848,389	N/A	8,745,848,389	8,745,848,389
B - MULTIFAMILY	1,678,234,206	N/A	1,678,234,206	1,678,234,206
C1 - VACANT LOTS	88,579,438	N/A	88,579,438	88,579,438
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,300,034	N/A	2,300,038	2,300,034
D2 - FARM & RANCH IMP	221,029	N/A	221,029	221,029
E - NON-AG LAND AND IMPROVEMENTS	9,922,685	N/A	9,922,685	9,922,685
F1 - COMMERCIAL REAL	2,975,860,504	N/A	2,975,860,504	2,975,860,504
F2 - INDUSTRIAL REAL	123,054,413	N/A	123,054,413	123,054,413
G - ALL MINERALS	20,058,030	N/A	20,058,030	20,058,030
J - ALL UTILITIES	277,554,959	N/A	277,554,959	277,554,959
L1 - COMMERCIAL PERSONAL	1,408,133,463	N/A	1,408,133,463	1,408,133,463
L2 - INDUSTRIAL PERSONAL	304,941,330	N/A	304,941,330	304,941,330
M1 - MOBILE HOMES	4,143,338	N/A	4,143,338	4,143,338
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	2,498,208	N/A	2,498,208	2,498,208
S - SPECIAL INVENTORY	70,643,847	N/A	70,643,847	70,643,847
Subtotal	15,711,993,873	0	15,711,993,877	15,711,993,873
Less Total Deductions	2,330,615,845	0	2,330,615,845	2,330,615,845
Total Taxable Value	13,381,378,028	0	13,381,378,032	13,381,378,028

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	T13
13,787,593,543	13,381,378,028	13,787,593,543	13,381,378,028	14,078,743,543

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
406,215,515	0	291,150,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
13,787,593,543	13,381,378,028	13,787,593,543	13,381,378,028	14,078,743,543

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

152-901-02/Lubbock ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	8,745,848,389	N/A	8,745,848,389	8,745,848,389
B - MULTIFAMILY	1,678,234,206	N/A	1,678,234,206	1,678,234,206
C1 - VACANT LOTS	88,579,438	N/A	88,579,438	88,579,438
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,300,034	1.0000	2,300,038	2,300,034
D2 - FARM & RANCH IMP	221,029	N/A	221,029	221,029
E - NON-AG LAND AND IMPROVEMENTS	9,922,685	N/A	9,922,685	9,922,685
F1 - COMMERCIAL REAL	2,975,860,504	N/A	2,975,860,504	2,975,860,504
F2 - INDUSTRIAL REAL	123,054,413	N/A	123,054,413	123,054,413
G - ALL MINERALS	20,058,030	N/A	20,058,030	20,058,030
J - ALL UTILITIES	277,554,959	N/A	277,554,959	277,554,959
L1 - COMMERCIAL PERSONAL	1,408,133,463	N/A	1,408,133,463	1,408,133,463
L2 - INDUSTRIAL PERSONAL	304,941,330	N/A	304,941,330	304,941,330
M1 - MOBILE HOMES	4,143,338	N/A	4,143,338	4,143,338
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	2,498,208	N/A	2,498,208	2,498,208
S - SPECIAL INVENTORY	70,643,847	N/A	70,643,847	70,643,847
Subtotal	15,711,993,873		15,711,993,877	15,711,993,873
Less Total Deductions	2,330,615,845		2,330,615,845	2,330,615,845
Total Taxable Value	13,381,378,028		13,381,378,032	13,381,378,028

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	T13
13,787,593,543	13,381,378,028	13,787,593,543	13,381,378,028	14,078,743,543

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
406,215,515	0	291,150,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
13,787,593,543	13,381,378,028	13,787,593,543	13,381,378,028	14,078,743,543

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement