taxes Property Tax Assistance

2025 ISD Summary Worksheet

Shallowater ISD (all splits)   Lubbock County  

152-Lubbock/Lubbock County

152-909/Shallowater ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 442,064,373 0.9880 447,433,576 442,064,373
B - MULTIFAMILY 13,536,336 N/A 13,536,336 13,536,336
C1 - VACANT LOTS 11,229,470 N/A 11,229,470 11,229,470
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,114,745 1.0960 8,316,110 9,114,745
D2 - FARM & RANCH IMP 644,121 N/A 644,121 644,121
E - NON-AG LAND AND IMPROVEMENTS 139,057,872 0.9353 148,677,293 139,057,872
F1 - COMMERCIAL REAL 43,861,742 0.9282 47,254,624 43,861,742
F2 - INDUSTRIAL REAL 43,750 N/A 43,750 43,750
G - ALL MINERALS 38,480,970 1.0015 38,423,335 38,480,970
J - ALL UTILITIES 31,192,383 N/A 31,192,383 31,192,383
L1 - COMMERCIAL PERSONAL 27,361,234 N/A 27,361,234 27,361,234
L2 - INDUSTRIAL PERSONAL 5,541,340 N/A 5,541,340 5,541,340
M1 - MOBILE HOMES 9,926,393 N/A 9,926,393 9,926,393
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,772,516 N/A 3,772,516 3,772,516
S - SPECIAL INVENTORY 134,946 N/A 134,946 134,946
Subtotal 775,962,191 0 793,487,427 775,962,191
Less Total Deductions 244,994,270 0 246,084,173 244,994,270
Total Taxable Value 530,967,921 0 547,403,254 530,967,921

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 575,864,494 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 530,967,921 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 575,864,494 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 530,967,921 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 650,459,720 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 670,879,609 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 546,771,618 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
T19 685,207,467 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 543,963,973 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 575,864,494 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 530,967,921 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 575,864,494 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 530,967,921 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 650,459,720 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 670,879,609 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 546,771,618 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
T20 685,207,467 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 543,963,973 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 44,896,573 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 74,595,226 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 20,419,889 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 14,327,858 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 12,996,052 Loss to the increase in the Over-65/Disabled Homestead

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


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152-909-02/Shallowater ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 442,064,373 0.9880 447,433,576 442,064,373
B - MULTIFAMILY 13,536,336 N/A 13,536,336 13,536,336
C1 - VACANT LOTS 11,229,470 N/A 11,229,470 11,229,470
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,114,745 1.0960 8,316,110 9,114,745
D2 - FARM & RANCH IMP 644,121 N/A 644,121 644,121
E - NON-AG LAND AND IMPROVEMENTS 139,057,872 0.9353 148,677,293 139,057,872
F1 - COMMERCIAL REAL 43,861,742 0.9282 47,254,624 43,861,742
F2 - INDUSTRIAL REAL 43,750 N/A 43,750 43,750
G - ALL MINERALS 38,480,970 1.0015 38,423,335 38,480,970
J - ALL UTILITIES 31,192,383 N/A 31,192,383 31,192,383
L1 - COMMERCIAL PERSONAL 27,361,234 N/A 27,361,234 27,361,234
L2 - INDUSTRIAL PERSONAL 5,541,340 N/A 5,541,340 5,541,340
M1 - MOBILE HOMES 9,926,393 N/A 9,926,393 9,926,393
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,772,516 N/A 3,772,516 3,772,516
S - SPECIAL INVENTORY 134,946 N/A 134,946 134,946
Subtotal 775,962,191 793,487,427 775,962,191
Less Total Deductions 244,994,270 246,084,173 244,994,270
Total Taxable Value 530,967,921 547,403,254 530,967,921

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 575,864,494 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 530,967,921 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 575,864,494 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 530,967,921 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 650,459,720 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 670,879,609 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 546,771,618 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
T19 685,207,467 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 543,963,973 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 575,864,494 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 530,967,921 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 575,864,494 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 530,967,921 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 650,459,720 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 670,879,609 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 546,771,618 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
T20 685,207,467 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 543,963,973 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 44,896,573 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 74,595,226 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 20,419,889 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 14,327,858 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 12,996,052 Loss to the increase in the Over-65/Disabled Homestead

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