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2023 ISD Summary Worksheet
152-Lubbock/Lubbock County
152-909/Shallowater ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 396,123,568 | 0.9684 | 409,049,533 | 396,123,568 |
| B - MULTIFAMILY | 14,372,338 | N/A | 14,372,338 | 14,372,338 |
| C1 - VACANT LOTS | 12,717,337 | N/A | 12,717,337 | 12,717,337 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 7,459,860 | 0.6926 | 10,770,323 | 7,459,860 |
| D2 - FARM & RANCH IMP | 346,936 | N/A | 346,936 | 346,936 |
| E - NON-AG LAND AND IMPROVEMENTS | 97,636,086 | 0.9068 | 107,671,026 | 97,636,086 |
| F1 - COMMERCIAL REAL | 39,225,708 | 1.0097 | 38,848,874 | 39,225,708 |
| F2 - INDUSTRIAL REAL | 29,320 | N/A | 29,320 | 29,320 |
| G - ALL MINERALS | 32,754,500 | N/A | 32,754,500 | 32,754,500 |
| J - ALL UTILITIES | 30,329,543 | N/A | 30,329,543 | 30,329,543 |
| L1 - COMMERCIAL PERSONAL | 28,299,683 | N/A | 28,299,683 | 28,299,683 |
| L2 - INDUSTRIAL PERSONAL | 1,366,550 | N/A | 1,366,550 | 1,366,550 |
| M1 - MOBILE HOMES | 4,070,266 | N/A | 4,070,266 | 4,070,266 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 1,126,489 | N/A | 1,126,489 | 1,126,489 |
| S - SPECIAL INVENTORY | 124,271 | N/A | 124,271 | 124,271 |
| Subtotal | 665,982,455 | 0 | 691,876,989 | 665,982,455 |
| Less Total Deductions | 168,529,134 | 0 | 171,850,241 | 168,529,134 |
| Total Taxable Value | 497,453,321 | 0 | 520,026,748 | 497,453,321 |
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 | 553,667,128 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 497,453,321 | 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 | 553,667,128 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 497,453,321 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 576,197,128 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 591,217,128 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 501,025,170 | 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 | 553,667,128 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 497,453,321 | 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 | 553,667,128 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 497,453,321 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 576,197,128 | T13 plus the loss to the chapter 313 agreement |
| T16 | 591,217,128 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 501,025,170 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 56,213,807 | 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 | 22,530,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 15,020,000 | 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
152-909-02/Shallowater ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 396,123,568 | 0.9684 | 409,049,533 | 396,123,568 |
| B - MULTIFAMILY | 14,372,338 | N/A | 14,372,338 | 14,372,338 |
| C1 - VACANT LOTS | 12,717,337 | N/A | 12,717,337 | 12,717,337 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 7,459,860 | 0.6926 | 10,770,323 | 7,459,860 |
| D2 - FARM & RANCH IMP | 346,936 | N/A | 346,936 | 346,936 |
| E - NON-AG LAND AND IMPROVEMENTS | 97,636,086 | 0.9068 | 107,671,026 | 97,636,086 |
| F1 - COMMERCIAL REAL | 39,225,708 | 1.0097 | 38,848,874 | 39,225,708 |
| F2 - INDUSTRIAL REAL | 29,320 | N/A | 29,320 | 29,320 |
| G - ALL MINERALS | 32,754,500 | N/A | 32,754,500 | 32,754,500 |
| J - ALL UTILITIES | 30,329,543 | N/A | 30,329,543 | 30,329,543 |
| L1 - COMMERCIAL PERSONAL | 28,299,683 | N/A | 28,299,683 | 28,299,683 |
| L2 - INDUSTRIAL PERSONAL | 1,366,550 | N/A | 1,366,550 | 1,366,550 |
| M1 - MOBILE HOMES | 4,070,266 | N/A | 4,070,266 | 4,070,266 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 1,126,489 | N/A | 1,126,489 | 1,126,489 |
| S - SPECIAL INVENTORY | 124,271 | N/A | 124,271 | 124,271 |
| Subtotal | 665,982,455 | 691,876,989 | 665,982,455 | |
| Less Total Deductions | 168,529,134 | 171,850,241 | 168,529,134 | |
| Total Taxable Value | 497,453,321 | 520,026,748 | 497,453,321 |
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 | 553,667,128 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 497,453,321 | 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 | 553,667,128 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 497,453,321 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 576,197,128 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 591,217,128 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 501,025,170 | 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 | 553,667,128 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 497,453,321 | 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 | 553,667,128 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 497,453,321 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 576,197,128 | T13 plus the loss to the chapter 313 agreement |
| T16 | 591,217,128 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 501,025,170 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 56,213,807 | 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 | 22,530,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 15,020,000 | Loss to Second Previous Homestead Increase |