taxes Property Tax Assistance

2024 ISD Summary Worksheet

Lubbock ISD (all splits)   Lubbock County  

152-Lubbock/Lubbock County

152-901/Lubbock ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 10,026,528,560 N/A 10,026,528,560 10,026,528,560
B - MULTIFAMILY 1,891,576,477 N/A 1,891,576,477 1,891,576,477
C1 - VACANT LOTS 105,930,173 N/A 105,930,173 105,930,173
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,492,786 N/A 2,492,786 2,492,786
D2 - FARM & RANCH IMP 176,418 N/A 176,418 176,418
E - NON-AG LAND AND IMPROVEMENTS 19,037,826 N/A 19,037,826 19,037,826
F1 - COMMERCIAL REAL 3,238,303,339 N/A 3,238,303,339 3,238,303,339
F2 - INDUSTRIAL REAL 134,764,631 N/A 134,764,631 134,764,631
G - ALL MINERALS 20,500,800 N/A 20,500,800 20,500,800
J - ALL UTILITIES 311,732,220 N/A 311,732,220 311,732,220
L1 - COMMERCIAL PERSONAL 1,525,928,488 N/A 1,525,928,488 1,525,928,488
L2 - INDUSTRIAL PERSONAL 480,172,990 N/A 480,172,990 480,172,990
M1 - MOBILE HOMES 6,162,105 N/A 6,162,105 6,162,105
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,789,067 N/A 6,789,067 6,789,067
S - SPECIAL INVENTORY 101,369,519 N/A 101,369,519 101,369,519
Subtotal 17,871,465,399 0 17,871,465,399 17,871,465,399
Less Total Deductions 4,328,694,095 0 4,328,694,095 4,328,694,095
Total Taxable Value 13,542,771,304 0 13,542,771,304 13,542,771,304

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's office 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 school 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 15,070,537,046 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 13,542,771,304 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 15,070,537,046 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 13,542,771,304 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 15,510,202,046 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 15,803,312,046 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 13,814,148,272 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 15,070,537,046 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 13,542,771,304 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 15,070,537,046 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 13,542,771,304 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 15,510,202,046 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 15,803,312,046 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 13,814,148,272 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,527,765,742 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 439,665,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 293,110,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


Back to top

152-901-02/Lubbock ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 10,026,528,560 N/A 10,026,528,560 10,026,528,560
B - MULTIFAMILY 1,891,576,477 N/A 1,891,576,477 1,891,576,477
C1 - VACANT LOTS 105,930,173 N/A 105,930,173 105,930,173
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,492,786 N/A 2,492,786 2,492,786
D2 - FARM & RANCH IMP 176,418 N/A 176,418 176,418
E - NON-AG LAND AND IMPROVEMENTS 19,037,826 N/A 19,037,826 19,037,826
F1 - COMMERCIAL REAL 3,238,303,339 N/A 3,238,303,339 3,238,303,339
F2 - INDUSTRIAL REAL 134,764,631 N/A 134,764,631 134,764,631
G - ALL MINERALS 20,500,800 N/A 20,500,800 20,500,800
J - ALL UTILITIES 311,732,220 N/A 311,732,220 311,732,220
L1 - COMMERCIAL PERSONAL 1,525,928,488 N/A 1,525,928,488 1,525,928,488
L2 - INDUSTRIAL PERSONAL 480,172,990 N/A 480,172,990 480,172,990
M1 - MOBILE HOMES 6,162,105 N/A 6,162,105 6,162,105
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,789,067 N/A 6,789,067 6,789,067
S - SPECIAL INVENTORY 101,369,519 N/A 101,369,519 101,369,519
Subtotal 17,871,465,399 17,871,465,399 17,871,465,399
Less Total Deductions 4,328,694,095 4,328,694,095 4,328,694,095
Total Taxable Value 13,542,771,304 13,542,771,304 13,542,771,304

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's office 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 school 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 15,070,537,046 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 13,542,771,304 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 15,070,537,046 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 13,542,771,304 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 15,510,202,046 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 15,803,312,046 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 13,814,148,272 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 15,070,537,046 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 13,542,771,304 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 15,070,537,046 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 13,542,771,304 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 15,510,202,046 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 15,803,312,046 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 13,814,148,272 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,527,765,742 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 439,665,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 293,110,000 Loss to the third most recent increase in the state-mandated homestead exemption

Back to top