taxes Property Tax Assistance

2018 ISD Summary Worksheet

152/Lubbock

152-910/Idalou ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 149,548,151 N/A 149,548,151 149,548,151
B. Multi-Family Residences 1,495,239 N/A 1,495,239 1,495,239
C1. Vacant Lots 1,671,004 N/A 1,671,004 1,671,004
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 25,258,586 N/A 25,258,586 25,258,586
D2. Real Prop Farm & Ranch 317,807 N/A 317,807 317,807
E. Real Prop NonQual Acres 40,944,988 N/A 40,944,988 40,944,988
F1. Commercial Real 18,381,502 N/A 18,381,502 18,381,502
F2. Industrial Real 5,425,052 N/A 5,425,052 5,425,052
G. Oil, Gas, Minerals 12,966,790 N/A 12,966,790 12,966,790
J. Utilities 9,618,353 N/A 9,618,353 9,618,353
L1. Commercial Personal 52,098,052 N/A 52,098,052 52,098,052
L2. Industrial Personal 2,053,680 N/A 2,053,680 2,053,680
M. Other Personal 813,863 N/A 813,863 813,863
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 7,963 N/A 7,963 7,963
Subtotal 320,601,030 320,601,030 320,601,030
Less Total Deductions 51,061,581   51,061,581 51,061,581
Total Taxable Value 269,539,449 269,539,449 269,539,449 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
277,590,875 269,539,449 277,590,875 269,539,449


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,051,426 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
277,590,875 269,539,449 277,590,875 269,539,449

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