taxes Property Tax Assistance

2022 ISD Summary Worksheet

152-Lubbock/Lubbock County

152-902/New Deal ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 128,530,161 N/A 128,530,161 128,530,161
B - MULTIFAMILY 754,991 N/A 754,991 754,991
C1 - VACANT LOTS 3,668,665 N/A 3,668,665 3,668,665
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,944,910 N/A 14,944,910 14,944,910
D2 - FARM & RANCH IMP 868,635 N/A 868,635 868,635
E - NON-AG LAND AND IMPROVEMENTS 82,139,398 N/A 82,139,398 82,139,398
F1 - COMMERCIAL REAL 35,028,095 N/A 35,028,095 35,028,095
F2 - INDUSTRIAL REAL 85,884,713 N/A 85,884,713 85,884,713
G - ALL MINERALS 21,027,500 N/A 21,027,500 21,027,500
J - ALL UTILITIES 20,541,099 N/A 20,541,099 20,541,099
L1 - COMMERCIAL PERSONAL 72,735,858 N/A 72,735,858 72,735,858
L2 - INDUSTRIAL PERSONAL 157,645,118 N/A 157,645,118 157,645,118
M1 - MOBILE HOMES 4,114,780 N/A 4,114,780 4,114,780
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,126,829 N/A 1,126,829 1,126,829
Subtotal 629,010,752 0 629,010,752 629,010,752
Less Total Deductions 133,222,240 0 133,222,240 133,222,240
Total Taxable Value 495,788,512 0 495,788,512 495,788,512

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
502,138,782 495,788,512 502,138,782 495,788,512 510,458,782


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
6,350,270 0 8,320,000


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
502,138,782 495,788,512 502,138,782 495,788,512 510,458,782

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

152-902-02/New Deal ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 128,530,161 N/A 128,530,161 128,530,161
B - MULTIFAMILY 754,991 N/A 754,991 754,991
C1 - VACANT LOTS 3,668,665 N/A 3,668,665 3,668,665
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,944,910 N/A 14,944,910 14,944,910
D2 - FARM & RANCH IMP 868,635 N/A 868,635 868,635
E - NON-AG LAND AND IMPROVEMENTS 82,139,398 N/A 82,139,398 82,139,398
F1 - COMMERCIAL REAL 35,028,095 N/A 35,028,095 35,028,095
F2 - INDUSTRIAL REAL 85,884,713 N/A 85,884,713 85,884,713
G - ALL MINERALS 21,027,500 N/A 21,027,500 21,027,500
J - ALL UTILITIES 20,541,099 N/A 20,541,099 20,541,099
L1 - COMMERCIAL PERSONAL 72,735,858 N/A 72,735,858 72,735,858
L2 - INDUSTRIAL PERSONAL 157,645,118 N/A 157,645,118 157,645,118
M1 - MOBILE HOMES 4,114,780 N/A 4,114,780 4,114,780
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,126,829 N/A 1,126,829 1,126,829
Subtotal 629,010,752 629,010,752 629,010,752
Less Total Deductions 133,222,240 133,222,240 133,222,240
Total Taxable Value 495,788,512 495,788,512 495,788,512

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
502,138,782 495,788,512 502,138,782 495,788,512 510,458,782


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
6,350,270 0 8,320,000


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
502,138,782 495,788,512 502,138,782 495,788,512 510,458,782

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