taxes Property Tax Assistance

2023 ISD Summary Worksheet

New Deal ISD (all splits)   Lubbock County  

152-Lubbock/Lubbock County

152-902/New Deal ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 138,113,957 0.9408 146,804,801 138,113,957
B - MULTIFAMILY 820,499 N/A 820,499 820,499
C1 - VACANT LOTS 5,735,500 N/A 5,735,500 5,735,500
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,915,636 0.7054 18,309,742 12,915,636
D2 - FARM & RANCH IMP 879,490 N/A 879,490 879,490
E - NON-AG LAND AND IMPROVEMENTS 90,653,530 0.8657 104,717,027 90,653,530
F1 - COMMERCIAL REAL 32,024,903 1.0133 31,604,562 32,024,903
F2 - INDUSTRIAL REAL 92,417,749 N/A 92,417,749 92,417,749
G - ALL MINERALS 21,835,910 1.0085 21,651,869 21,835,910
J - ALL UTILITIES 24,972,244 0.9711 25,715,420 24,972,244
L1 - COMMERCIAL PERSONAL 85,151,394 1.0013 85,040,841 85,151,394
L2 - INDUSTRIAL PERSONAL 173,073,903 N/A 173,073,903 173,073,903
M1 - MOBILE HOMES 3,923,341 N/A 3,923,341 3,923,341
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 344,831 N/A 344,831 344,831
Subtotal 682,862,887 0 711,039,575 682,862,887
Less Total Deductions 173,414,424 0 178,202,244 173,414,424
Total Taxable Value 509,448,463 0 532,837,331 509,448,463

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

Measure Value Description
T1 537,727,005 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 509,448,463 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 537,727,005 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 509,448,463 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 550,357,005 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 558,777,005 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 513,980,679 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 537,727,005 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 509,448,463 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 537,727,005 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 509,448,463 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 550,357,005 T13 plus the loss to the chapter 313 agreement
T16 558,777,005 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 513,980,679 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 28,278,542 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 12,630,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 8,420,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD


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152-902-02/New Deal ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 138,113,957 0.9408 146,804,801 138,113,957
B - MULTIFAMILY 820,499 N/A 820,499 820,499
C1 - VACANT LOTS 5,735,500 N/A 5,735,500 5,735,500
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,915,636 0.7054 18,309,742 12,915,636
D2 - FARM & RANCH IMP 879,490 N/A 879,490 879,490
E - NON-AG LAND AND IMPROVEMENTS 90,653,530 0.8657 104,717,027 90,653,530
F1 - COMMERCIAL REAL 32,024,903 1.0133 31,604,562 32,024,903
F2 - INDUSTRIAL REAL 92,417,749 N/A 92,417,749 92,417,749
G - ALL MINERALS 21,835,910 1.0085 21,651,869 21,835,910
J - ALL UTILITIES 24,972,244 0.9711 25,715,420 24,972,244
L1 - COMMERCIAL PERSONAL 85,151,394 1.0013 85,040,841 85,151,394
L2 - INDUSTRIAL PERSONAL 173,073,903 N/A 173,073,903 173,073,903
M1 - MOBILE HOMES 3,923,341 N/A 3,923,341 3,923,341
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 344,831 N/A 344,831 344,831
Subtotal 682,862,887 711,039,575 682,862,887
Less Total Deductions 173,414,424 178,202,244 173,414,424
Total Taxable Value 509,448,463 532,837,331 509,448,463

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

Measure Value Description
T1 537,727,005 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 509,448,463 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 537,727,005 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 509,448,463 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 550,357,005 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 558,777,005 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 513,980,679 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 537,727,005 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 509,448,463 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 537,727,005 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 509,448,463 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 550,357,005 T13 plus the loss to the chapter 313 agreement
T16 558,777,005 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 513,980,679 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 28,278,542 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 12,630,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 8,420,000 Loss to Second Previous Homestead Increase

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