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