taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

152/Lubbock

152-903/Slaton ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 202,081,098 .9770 206,838,381 202,081,098
B. Multi-Family Residences 3,501,005 N/A 3,501,005 3,501,005
C1. Vacant Lots 3,031,726 N/A 3,031,726 3,031,726
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,891,364 1.1608 5,936,703 6,891,364
D2. Real Prop Farm & Ranch 409,873 N/A 409,873 409,873
E. Real Prop NonQual Acres 12,554,412 N/A 12,554,412 12,554,412
F1. Commercial Real 34,954,266 .9696 36,050,192 34,954,266
F2. Industrial Real 1,341,766 N/A 1,341,766 1,341,766
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 123,627,797 1.0736 115,152,568 123,627,797
L1. Commercial Personal 26,891,873 1.0325 26,045,398 26,891,873
L2. Industrial Personal 19,615,063 N/A 19,615,063 19,615,063
M. Other Personal 1,628,065 N/A 1,628,065 1,628,065
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 308,466 N/A 308,466 308,466
S. Special Inventory 2,694,570 N/A 2,694,570 2,694,570
Subtotal 439,531,344 435,108,188 439,531,344
Less Total Deductions 77,260,882   78,961,811 77,260,882
Total Taxable Value 362,270,462 356,146,377 362,270,462 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
376,886,117 362,270,462 376,886,117 362,270,462


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,615,655 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
376,886,117 362,270,462 376,886,117 362,270,462

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

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

153/Lynn

152-903/Slaton ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,374,750 N/A 1,374,750 1,374,750
D2. Real Prop Farm & Ranch 138,760 N/A 138,760 138,760
E. Real Prop NonQual Acres 794,920 N/A 794,920 794,920
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 142,890 N/A 142,890 142,890
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 11,160 N/A 11,160 11,160
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 2,462,480 2,462,480 2,462,480
Less Total Deductions 438,197   438,197 438,197
Total Taxable Value 2,024,283 2,024,283 2,024,283 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
2,084,283 2,024,283 2,084,283 2,024,283


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
60,000 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
2,084,283 2,024,283 2,084,283 2,024,283

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

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

152-903/Slaton ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 202,081,098 .9770 206,838,381 202,081,098
B. Multi-Family Residences 3,501,005 N/A 3,501,005 3,501,005
C1. Vacant Lots 3,031,726 N/A 3,031,726 3,031,726
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,266,114 1.1306 7,311,453 8,266,114
D2. Real Prop Farm & Ranch 548,633 N/A 548,633 548,633
E. Real Prop NonQual Acres 13,349,332 N/A 13,349,332 13,349,332
F1. Commercial Real 34,954,266 .9696 36,050,192 34,954,266
F2. Industrial Real 1,341,766 N/A 1,341,766 1,341,766
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 123,770,687 1.0735 115,295,458 123,770,687
L1. Commercial Personal 26,891,873 1.0325 26,045,398 26,891,873
L2. Industrial Personal 19,615,063 N/A 19,615,063 19,615,063
M. Other Personal 1,639,225 N/A 1,639,225 1,639,225
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 308,466 N/A 308,466 308,466
S. Special Inventory 2,694,570 N/A 2,694,570 2,694,570
Subtotal 441,993,824 437,570,668 441,993,824
Less Total Deductions 77,699,079   79,400,008 77,699,079
Total Taxable Value 364,294,745 358,170,660 364,294,745 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