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	8,762,324,867	N/A	8,762,324,867	8,762,324,867
B - MULTIFAMILY	1,701,845,536	N/A	1,701,845,536	1,701,845,536
C1 - VACANT LOTS	88,480,974	N/A	88,480,974	88,480,974
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,300,038	N/A	2,300,038	2,300,038
D2 - FARM & RANCH IMP	221,029	N/A	221,029	221,029
E - NON-AG LAND AND IMPROVEMENTS	9,955,292	N/A	9,955,292	9,955,292
F1 - COMMERCIAL REAL	2,986,564,926	N/A	2,986,564,926	2,986,564,926
F2 - INDUSTRIAL REAL	123,108,406	N/A	123,108,406	123,108,406
G - ALL MINERALS	19,978,580	N/A	19,978,580	19,978,580
J - ALL UTILITIES	277,554,959	N/A	277,554,959	277,554,959
L1 - COMMERCIAL PERSONAL	1,380,081,744	N/A	1,380,081,744	1,380,081,744
L2 - INDUSTRIAL PERSONAL	305,662,766	N/A	305,662,766	305,662,766
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	70,628,179	N/A	70,628,179	70,628,179
Subtotal	15,735,348,842	0	15,735,348,842	15,735,348,842
Less Total Deductions	2,265,509,830	0	2,265,509,830	2,265,509,830
Total Taxable Value	13,469,839,012	0	13,469,839,012	13,469,839,012

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
13,875,338,244	13,469,839,012	13,875,338,244	13,469,839,012	14,161,618,244

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
405,499,232	0	286,280,000

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
13,875,338,244	13,469,839,012	13,875,338,244	13,469,839,012	14,161,618,244

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	8,762,324,867	N/A	8,762,324,867	8,762,324,867
B - MULTIFAMILY	1,701,845,536	N/A	1,701,845,536	1,701,845,536
C1 - VACANT LOTS	88,480,974	N/A	88,480,974	88,480,974
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,300,038	N/A	2,300,038	2,300,038
D2 - FARM & RANCH IMP	221,029	N/A	221,029	221,029
E - NON-AG LAND AND IMPROVEMENTS	9,955,292	N/A	9,955,292	9,955,292
F1 - COMMERCIAL REAL	2,986,564,926	N/A	2,986,564,926	2,986,564,926
F2 - INDUSTRIAL REAL	123,108,406	N/A	123,108,406	123,108,406
G - ALL MINERALS	19,978,580	N/A	19,978,580	19,978,580
J - ALL UTILITIES	277,554,959	N/A	277,554,959	277,554,959
L1 - COMMERCIAL PERSONAL	1,380,081,744	N/A	1,380,081,744	1,380,081,744
L2 - INDUSTRIAL PERSONAL	305,662,766	N/A	305,662,766	305,662,766
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	70,628,179	N/A	70,628,179	70,628,179
Subtotal	15,735,348,842		15,735,348,842	15,735,348,842
Less Total Deductions	2,265,509,830		2,265,509,830	2,265,509,830
Total Taxable Value	13,469,839,012		13,469,839,012	13,469,839,012

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
13,875,338,244	13,469,839,012	13,875,338,244	13,469,839,012	14,161,618,244

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
405,499,232	0	286,280,000

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
13,875,338,244	13,469,839,012	13,875,338,244	13,469,839,012	14,161,618,244

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