taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

152/Lubbock

152-908/Roosevelt ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 141,726,516 .9796 144,677,946 141,726,516
B. Multi-Family Residences 442,914 N/A 442,914 442,914
C1. Vacant Lots 4,807,434 N/A 4,807,434 4,807,434
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,397,979 1.1757 10,545,536 12,397,979
D2. Real Prop Farm & Ranch 160,547 N/A 160,547 160,547
E. Real Prop NonQual Acres 17,221,032 .9718 17,720,757 17,221,032
F1. Commercial Real 12,928,612 N/A 12,928,612 12,928,612
F2. Industrial Real 2,357,454 N/A 2,357,454 2,357,454
G. Oil, Gas, Minerals 39,730,680 1.0045 39,552,693 39,730,680
J. Utilities 6,938,926 N/A 6,938,926 6,938,926
L1. Commercial Personal 11,423,041 N/A 11,423,041 11,423,041
L2. Industrial Personal 7,519,732 N/A 7,519,732 7,519,732
M. Other Personal 2,775,559 N/A 2,775,559 2,775,559
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 88,200 N/A 88,200 88,200
S. Special Inventory 82,014 N/A 82,014 82,014
Subtotal 260,600,640 262,021,365 260,600,640
Less Total Deductions 44,778,712   45,733,680 44,778,712
Total Taxable Value 215,821,928 216,287,685 215,821,928 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
223,380,398 215,821,928 223,380,398 215,821,928


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,558,470 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
223,380,398 215,821,928 223,380,398 215,821,928

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