taxes Property Tax Assistance

2018 ISD Summary Worksheet

152/Lubbock

152-909/Shallowater ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 258,279,113 N/A 258,279,113 258,279,113
B. Multi-Family Residences 2,613,922 N/A 2,613,922 2,613,922
C1. Vacant Lots 4,085,091 N/A 4,085,091 4,085,091
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,796,426 N/A 10,796,426 10,796,426
D2. Real Prop Farm & Ranch 278,576 N/A 278,576 278,576
E. Real Prop NonQual Acres 35,590,311 N/A 35,590,311 35,590,311
F1. Commercial Real 27,926,092 N/A 27,926,092 27,926,092
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 26,176,800 N/A 26,176,800 26,176,800
J. Utilities 17,645,873 N/A 17,645,873 17,645,873
L1. Commercial Personal 6,999,188 N/A 6,999,188 6,999,188
L2. Industrial Personal 1,531,395 N/A 1,531,395 1,531,395
M. Other Personal 3,150,614 N/A 3,150,614 3,150,614
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,180,734 N/A 1,180,734 1,180,734
S. Special Inventory 8,738 N/A 8,738 8,738
Subtotal 396,262,873 396,262,873 396,262,873
Less Total Deductions 61,863,713   61,863,713 61,863,713
Total Taxable Value 334,399,160 334,399,160 334,399,160 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
344,426,346 334,399,160 344,426,346 334,399,160


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,027,186 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
344,426,346 334,399,160 344,426,346 334,399,160

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