taxes Property Tax Assistance

2024 ISD Summary Worksheet

Idalou ISD (all splits)   Lubbock County  

152-Lubbock/Lubbock County

152-910/Idalou ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 229,800,408 N/A 229,800,408 229,800,408
B - MULTIFAMILY 2,635,238 N/A 2,635,238 2,635,238
C1 - VACANT LOTS 7,689,518 N/A 7,689,518 7,689,518
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 21,303,803 N/A 21,303,803 21,303,803
D2 - FARM & RANCH IMP 421,719 N/A 421,719 421,719
E - NON-AG LAND AND IMPROVEMENTS 138,498,142 N/A 138,498,142 138,498,142
F1 - COMMERCIAL REAL 27,643,368 N/A 27,643,368 27,643,368
F2 - INDUSTRIAL REAL 7,056,328 N/A 7,056,328 7,056,328
G - ALL MINERALS 15,211,500 N/A 15,211,500 15,211,500
J - ALL UTILITIES 14,485,248 N/A 14,485,248 14,485,248
L1 - COMMERCIAL PERSONAL 91,738,183 N/A 91,738,183 91,738,183
L2 - INDUSTRIAL PERSONAL 1,455,487 N/A 1,455,487 1,455,487
M1 - MOBILE HOMES 1,376,002 N/A 1,376,002 1,376,002
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 121,119 N/A 121,119 121,119
S - SPECIAL INVENTORY 25,941 N/A 25,941 25,941
Subtotal 559,462,004 0 559,462,004 559,462,004
Less Total Deductions 146,221,579 0 146,221,579 146,221,579
Total Taxable Value 413,240,425 0 413,240,425 413,240,425

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 464,346,455 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 413,240,425 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 464,346,455 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 413,240,425 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 479,211,455 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 489,121,455 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 416,719,456 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 464,346,455 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 413,240,425 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 464,346,455 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 413,240,425 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 479,211,455 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 489,121,455 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 416,719,456 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 51,106,030 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 14,865,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 9,910,000 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.


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152-910-02/Idalou ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 229,800,408 N/A 229,800,408 229,800,408
B - MULTIFAMILY 2,635,238 N/A 2,635,238 2,635,238
C1 - VACANT LOTS 7,689,518 N/A 7,689,518 7,689,518
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 21,303,803 N/A 21,303,803 21,303,803
D2 - FARM & RANCH IMP 421,719 N/A 421,719 421,719
E - NON-AG LAND AND IMPROVEMENTS 138,498,142 N/A 138,498,142 138,498,142
F1 - COMMERCIAL REAL 27,643,368 N/A 27,643,368 27,643,368
F2 - INDUSTRIAL REAL 7,056,328 N/A 7,056,328 7,056,328
G - ALL MINERALS 15,211,500 N/A 15,211,500 15,211,500
J - ALL UTILITIES 14,485,248 N/A 14,485,248 14,485,248
L1 - COMMERCIAL PERSONAL 91,738,183 N/A 91,738,183 91,738,183
L2 - INDUSTRIAL PERSONAL 1,455,487 N/A 1,455,487 1,455,487
M1 - MOBILE HOMES 1,376,002 N/A 1,376,002 1,376,002
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 121,119 N/A 121,119 121,119
S - SPECIAL INVENTORY 25,941 N/A 25,941 25,941
Subtotal 559,462,004 559,462,004 559,462,004
Less Total Deductions 146,221,579 146,221,579 146,221,579
Total Taxable Value 413,240,425 413,240,425 413,240,425

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 464,346,455 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 413,240,425 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 464,346,455 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 413,240,425 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 479,211,455 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 489,121,455 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 416,719,456 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 464,346,455 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 413,240,425 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 464,346,455 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 413,240,425 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 479,211,455 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 489,121,455 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 416,719,456 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 51,106,030 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 14,865,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 9,910,000 Loss to the third most recent increase in the state-mandated homestead exemption

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