taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

152/Lubbock

152-908/Roosevelt ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 134,073,675 .9378 142,966,171 134,073,675
B. Multi-Family Residences 442,131 N/A 442,131 442,131
C1. Vacant Lots 4,963,807 N/A 4,963,807 4,963,807
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,379,204 1.1377 16,154,146 18,379,204
D2. Real Prop Farm & Ranch 2,258,648 N/A 2,258,648 2,258,648
E. Real Prop NonQual Acres 12,831,466 1.0512 12,206,494 12,831,466
F1. Commercial Real 11,682,095 N/A 11,682,095 11,682,095
F2. Industrial Real 2,361,280 N/A 2,361,280 2,361,280
G. Oil, Gas, Minerals 104,574,950 .9963 104,963,314 104,574,950
J. Utilities 6,759,288 N/A 6,759,288 6,759,288
L1. Commercial Personal 8,032,657 N/A 8,032,657 8,032,657
L2. Industrial Personal 11,036,697 N/A 11,036,697 11,036,697
M. Other Personal 904,061 N/A 904,061 904,061
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 136,500 N/A 136,500 136,500
S. Special Inventory 143,946 N/A 143,946 143,946
Subtotal 318,580,405 325,011,235 318,580,405
Less Total Deductions 34,595,899   37,350,975 34,595,899
Total Taxable Value 283,984,506 287,660,260 283,984,506 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
294,100,801 283,984,506 294,100,801 283,984,506 285,890,965 285,890,965


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,116,295 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
294,100,801 283,984,506 294,100,801 283,984,506 285,890,965 285,890,965

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified