taxes Property Tax Assistance

2023 ISD Summary Worksheet

Roosevelt ISD (all splits)   Lubbock County  

152-Lubbock/Lubbock County

152-908/Roosevelt ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 262,686,469 1.0350 253,803,352 262,686,469
B - MULTIFAMILY 1,231,752 N/A 1,231,752 1,231,752
C1 - VACANT LOTS 8,073,528 N/A 8,073,528 8,073,528
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,499,455 0.7761 14,817,148 11,499,455
D2 - FARM & RANCH IMP 943,194 N/A 943,194 943,194
E - NON-AG LAND AND IMPROVEMENTS 54,805,711 0.8848 61,941,355 54,805,711
F1 - COMMERCIAL REAL 27,864,144 0.9955 27,990,099 27,864,144
F2 - INDUSTRIAL REAL 7,779,127 N/A 7,779,127 7,779,127
G - ALL MINERALS 26,999,070 0.9742 27,714,094 26,999,070
J - ALL UTILITIES 15,653,081 N/A 15,653,081 15,653,081
L1 - COMMERCIAL PERSONAL 21,605,889 1.1175 19,334,129 21,605,889
L2 - INDUSTRIAL PERSONAL 1,899,531 N/A 1,899,531 1,899,531
M1 - MOBILE HOMES 9,364,008 N/A 9,364,008 9,364,008
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 11,900 N/A 11,900 11,900
S - SPECIAL INVENTORY 178,006 N/A 178,006 178,006
Subtotal 450,594,865 0 450,734,304 450,594,865
Less Total Deductions 143,730,713 0 139,723,607 143,730,713
Total Taxable Value 306,864,152 0 311,010,697 306,864,152

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 346,336,550 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 306,864,152 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 346,336,550 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 306,864,152 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 363,676,550 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 375,236,550 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 316,791,522 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 346,336,550 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 306,864,152 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 346,336,550 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 306,864,152 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 363,676,550 T13 plus the loss to the chapter 313 agreement
T16 375,236,550 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 316,791,522 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 39,472,398 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 17,340,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 11,560,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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152-908-02/Roosevelt ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 262,686,469 1.0350 253,803,352 262,686,469
B - MULTIFAMILY 1,231,752 N/A 1,231,752 1,231,752
C1 - VACANT LOTS 8,073,528 N/A 8,073,528 8,073,528
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,499,455 0.7761 14,817,148 11,499,455
D2 - FARM & RANCH IMP 943,194 N/A 943,194 943,194
E - NON-AG LAND AND IMPROVEMENTS 54,805,711 0.8848 61,941,355 54,805,711
F1 - COMMERCIAL REAL 27,864,144 0.9955 27,990,099 27,864,144
F2 - INDUSTRIAL REAL 7,779,127 N/A 7,779,127 7,779,127
G - ALL MINERALS 26,999,070 0.9742 27,714,094 26,999,070
J - ALL UTILITIES 15,653,081 N/A 15,653,081 15,653,081
L1 - COMMERCIAL PERSONAL 21,605,889 1.1175 19,334,129 21,605,889
L2 - INDUSTRIAL PERSONAL 1,899,531 N/A 1,899,531 1,899,531
M1 - MOBILE HOMES 9,364,008 N/A 9,364,008 9,364,008
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 11,900 N/A 11,900 11,900
S - SPECIAL INVENTORY 178,006 N/A 178,006 178,006
Subtotal 450,594,865 450,734,304 450,594,865
Less Total Deductions 143,730,713 139,723,607 143,730,713
Total Taxable Value 306,864,152 311,010,697 306,864,152

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 346,336,550 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 306,864,152 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 346,336,550 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 306,864,152 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 363,676,550 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 375,236,550 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 316,791,522 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 346,336,550 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 306,864,152 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 346,336,550 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 306,864,152 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 363,676,550 T13 plus the loss to the chapter 313 agreement
T16 375,236,550 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 316,791,522 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 39,472,398 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 17,340,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 11,560,000 Loss to Second Previous Homestead Increase

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