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 231,957,408 N/A 231,957,408 231,957,408
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 21,257,662 N/A 21,257,662 21,257,662
D2 - FARM & RANCH IMP 418,475 N/A 418,475 418,475
E - NON-AG LAND AND IMPROVEMENTS 134,470,501 N/A 134,470,501 134,470,501
F1 - COMMERCIAL REAL 29,403,358 N/A 29,403,358 29,403,358
F2 - INDUSTRIAL REAL 7,056,328 N/A 7,056,328 7,056,328
G - ALL MINERALS 15,180,380 N/A 15,180,380 15,180,380
J - ALL UTILITIES 14,548,398 N/A 14,548,398 14,548,398
L1 - COMMERCIAL PERSONAL 96,735,459 N/A 96,735,459 96,735,459
L2 - INDUSTRIAL PERSONAL 1,666,712 N/A 1,666,712 1,666,712
M1 - MOBILE HOMES 1,456,842 N/A 1,456,842 1,456,842
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 121,119 N/A 121,119 121,119
S - SPECIAL INVENTORY 89,466 N/A 89,466 89,466
Subtotal 564,686,864 0 564,686,864 564,686,864
Less Total Deductions 137,760,627 0 137,760,627 137,760,627
Total Taxable Value 426,926,237 0 426,926,237 426,926,237

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 475,833,607 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 426,926,237 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 475,833,607 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 426,926,237 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 490,743,607 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 500,683,607 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 435,003,207 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 475,833,607 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 426,926,237 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 475,833,607 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 426,926,237 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 490,743,607 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 500,683,607 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 435,003,207 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 48,907,370 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 14,910,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 9,940,000 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 231,957,408 N/A 231,957,408 231,957,408
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 21,257,662 N/A 21,257,662 21,257,662
D2 - FARM & RANCH IMP 418,475 N/A 418,475 418,475
E - NON-AG LAND AND IMPROVEMENTS 134,470,501 N/A 134,470,501 134,470,501
F1 - COMMERCIAL REAL 29,403,358 N/A 29,403,358 29,403,358
F2 - INDUSTRIAL REAL 7,056,328 N/A 7,056,328 7,056,328
G - ALL MINERALS 15,180,380 N/A 15,180,380 15,180,380
J - ALL UTILITIES 14,548,398 N/A 14,548,398 14,548,398
L1 - COMMERCIAL PERSONAL 96,735,459 N/A 96,735,459 96,735,459
L2 - INDUSTRIAL PERSONAL 1,666,712 N/A 1,666,712 1,666,712
M1 - MOBILE HOMES 1,456,842 N/A 1,456,842 1,456,842
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 121,119 N/A 121,119 121,119
S - SPECIAL INVENTORY 89,466 N/A 89,466 89,466
Subtotal 564,686,864 564,686,864 564,686,864
Less Total Deductions 137,760,627 137,760,627 137,760,627
Total Taxable Value 426,926,237 426,926,237 426,926,237

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 475,833,607 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 426,926,237 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 475,833,607 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 426,926,237 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 490,743,607 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 500,683,607 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 435,003,207 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 475,833,607 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 426,926,237 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 475,833,607 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 426,926,237 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 490,743,607 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 500,683,607 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 435,003,207 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 48,907,370 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 14,910,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 9,940,000 Loss to the third most recent increase in the state-mandated homestead exemption

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