taxes Property Tax Assistance

2017 ISD Summary Worksheet

152/Lubbock

152-910/Idalou ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 132,430,432 .9800 135,133,094 132,430,432
B. Multi-Family Residences 1,422,114 N/A 1,422,114 1,422,114
C1. Vacant Lots 1,979,957 N/A 1,979,957 1,979,957
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,890,943 1.2191 12,214,937 14,890,943
D2. Real Prop Farm & Ranch 356,320 N/A 356,320 356,320
E. Real Prop NonQual Acres 31,959,487 .8248 38,748,166 31,959,487
F1. Commercial Real 17,848,564 .9734 18,336,310 17,848,564
F2. Industrial Real 4,907,732 N/A 4,907,732 4,907,732
G. Oil, Gas, Minerals 7,290,010 N/A 7,290,010 7,290,010
J. Utilities 8,803,603 N/A 8,803,603 8,803,603
L1. Commercial Personal 55,142,391 .9623 57,302,703 55,142,391
L2. Industrial Personal 2,420,310 N/A 2,420,310 2,420,310
M. Other Personal 716,398 N/A 716,398 716,398
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 10,383 N/A 10,383 10,383
Subtotal 280,178,644 289,642,037 280,178,644
Less Total Deductions 41,395,949   42,283,364 41,395,949
Total Taxable Value 238,782,695 247,358,673 238,782,695 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
246,788,024 238,782,695 246,788,024 238,782,695


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,005,329 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
246,788,024 238,782,695 246,788,024 238,782,695

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