taxes Property Tax Assistance

2022 ISD Summary Worksheet

152-Lubbock/Lubbock County

152-908/Roosevelt ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	230,870,282	N/A	230,870,282	230,870,282
B - MULTIFAMILY	1,289,882	N/A	1,289,882	1,289,882
C1 - VACANT LOTS	6,009,598	N/A	6,009,598	6,009,598
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,167,632	N/A	13,167,632	13,167,632
D2 - FARM & RANCH IMP	875,113	N/A	875,113	875,113
E - NON-AG LAND AND IMPROVEMENTS	42,868,509	N/A	42,868,509	42,868,509
F1 - COMMERCIAL REAL	26,893,965	N/A	26,893,965	26,893,965
F2 - INDUSTRIAL REAL	8,313,596	N/A	8,313,596	8,313,596
G - ALL MINERALS	26,669,500	N/A	26,669,500	26,669,500
J - ALL UTILITIES	13,096,903	N/A	13,096,903	13,096,903
L1 - COMMERCIAL PERSONAL	20,610,960	N/A	20,610,960	20,610,960
L2 - INDUSTRIAL PERSONAL	3,242,705	N/A	3,242,705	3,242,705
M1 - MOBILE HOMES	7,192,843	N/A	7,192,843	7,192,843
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	11,900	N/A	11,900	11,900
S - SPECIAL INVENTORY	167,845	N/A	167,845	167,845
Subtotal	401,281,233	0	401,281,233	401,281,233
Less Total Deductions	82,934,846	0	82,934,846	82,934,846
Total Taxable Value	318,346,387	0	318,346,387	318,346,387

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
328,116,870	318,346,387	328,116,870	318,346,387	339,366,870

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
9,770,483	0	11,250,000

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
328,116,870	318,346,387	328,116,870	318,346,387	339,366,870

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

152-908-02/Roosevelt ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	230,870,282	N/A	230,870,282	230,870,282
B - MULTIFAMILY	1,289,882	N/A	1,289,882	1,289,882
C1 - VACANT LOTS	6,009,598	N/A	6,009,598	6,009,598
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,167,632	N/A	13,167,632	13,167,632
D2 - FARM & RANCH IMP	875,113	N/A	875,113	875,113
E - NON-AG LAND AND IMPROVEMENTS	42,868,509	N/A	42,868,509	42,868,509
F1 - COMMERCIAL REAL	26,893,965	N/A	26,893,965	26,893,965
F2 - INDUSTRIAL REAL	8,313,596	N/A	8,313,596	8,313,596
G - ALL MINERALS	26,669,500	N/A	26,669,500	26,669,500
J - ALL UTILITIES	13,096,903	N/A	13,096,903	13,096,903
L1 - COMMERCIAL PERSONAL	20,610,960	N/A	20,610,960	20,610,960
L2 - INDUSTRIAL PERSONAL	3,242,705	N/A	3,242,705	3,242,705
M1 - MOBILE HOMES	7,192,843	N/A	7,192,843	7,192,843
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	11,900	N/A	11,900	11,900
S - SPECIAL INVENTORY	167,845	N/A	167,845	167,845
Subtotal	401,281,233		401,281,233	401,281,233
Less Total Deductions	82,934,846		82,934,846	82,934,846
Total Taxable Value	318,346,387		318,346,387	318,346,387

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
328,116,870	318,346,387	328,116,870	318,346,387	339,366,870

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
9,770,483	0	11,250,000

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
328,116,870	318,346,387	328,116,870	318,346,387	339,366,870

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