taxes Property Tax Assistance

2018 ISD Summary Worksheet

152-Lubbock

152-901/Lubbock ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 6,567,025,019 N/A 6,567,025,019 6,567,025,019
B. MULTIFAMILY RESIDENCES 1,343,873,937 N/A 1,343,873,937 1,343,873,937
C1. VACANT LOTS 90,963,294 N/A 90,963,294 90,963,294
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 3,078,495 N/A 3,078,495 3,078,495
D2. REAL PROP:FARM & RANCH 117,157 N/A 117,157 117,157
E. REAL PROP NONQUAL ACREAGE 7,315,381 N/A 7,315,381 7,315,381
F1. COMMERCIAL REAL 2,641,695,253 N/A 2,641,695,253 2,641,695,253
F2. INDUSTRIAL REAL 128,644,389 N/A 128,644,389 128,644,389
G. OIL,GAS,MINERALS 15,071,951 N/A 15,071,951 15,071,951
J. UTILITIES 188,617,978 N/A 188,617,978 188,617,978
L1. COMMERCIAL PERSONAL 1,156,698,302 N/A 1,156,698,302 1,156,698,302
L2. INDUSTRIAL PERSONAL 262,305,849 N/A 262,305,849 262,305,849
M. MOBILE HOMES 3,570,349 N/A 3,570,349 3,570,349
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,553,642 N/A 1,553,642 1,553,642
S. SPECIAL INVENTORY 62,787,642 N/A 62,787,642 62,787,642
Subtotal 12,473,318,638 0 12,473,318,638 12,473,318,638
Less Total Deductions 1,621,703,974 0 1,621,703,974 1,621,703,974
Total Taxable Value 10,851,614,664 0 10,851,614,664 10,851,614,664

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
11,141,503,703 10,851,614,664 11,141,503,703 10,851,614,664


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
289,889,039 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
11,141,503,703 10,851,614,664 11,141,503,703 10,851,614,664

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

152-901-02/Lubbock ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 6,567,025,019 N/A 6,567,025,019 6,567,025,019
B. MULTIFAMILY RESIDENCES 1,343,873,937 N/A 1,343,873,937 1,343,873,937
C1. VACANT LOTS 90,963,294 N/A 90,963,294 90,963,294
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 3,078,495 N/A 3,078,495 3,078,495
D2. REAL PROP:FARM & RANCH 117,157 N/A 117,157 117,157
E. REAL PROP NONQUAL ACREAGE 7,315,381 N/A 7,315,381 7,315,381
F1. COMMERCIAL REAL 2,641,695,253 N/A 2,641,695,253 2,641,695,253
F2. INDUSTRIAL REAL 128,644,389 N/A 128,644,389 128,644,389
G. OIL,GAS,MINERALS 15,071,951 N/A 15,071,951 15,071,951
J. UTILITIES 188,617,978 N/A 188,617,978 188,617,978
L1. COMMERCIAL PERSONAL 1,156,698,302 N/A 1,156,698,302 1,156,698,302
L2. INDUSTRIAL PERSONAL 262,305,849 N/A 262,305,849 262,305,849
M. MOBILE HOMES 3,570,349 N/A 3,570,349 3,570,349
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,553,642 N/A 1,553,642 1,553,642
S. SPECIAL INVENTORY 62,787,642 N/A 62,787,642 62,787,642
Subtotal 12,473,318,638 12,473,318,638 12,473,318,638
Less Total Deductions 1,621,703,974 1,621,703,974 1,621,703,974
Total Taxable Value 10,851,614,664 10,851,614,664 10,851,614,664

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
11,141,503,703 10,851,614,664 11,141,503,703 10,851,614,664


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
289,889,039 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
11,141,503,703 10,851,614,664 11,141,503,703 10,851,614,664

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