taxes Property Tax Assistance

2019 ISD Summary Worksheet

152-Lubbock

152-903/Slaton ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 263,129,607 0.9474 277,738,661 263,129,607
B. MULTIFAMILY RESIDENCES 4,189,420 N/A 4,189,420 4,189,420
C1. VACANT LOTS 3,388,607 N/A 3,388,607 3,388,607
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 9,638,826 1.1944 8,069,877 9,638,826
D2. REAL PROP:FARM & RANCH 1,140,294 N/A 1,140,294 1,140,294
E. REAL PROP NONQUAL ACREAGE 24,556,940 N/A 24,556,940 24,556,940
F1. COMMERCIAL REAL 38,643,352 0.9910 38,994,301 38,643,352
F2. INDUSTRIAL REAL 1,334,713 N/A 1,334,713 1,334,713
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 115,965,498 0.8477 136,800,163 115,965,498
L1. COMMERCIAL PERSONAL 27,286,997 1.0721 25,451,914 27,286,997
L2. INDUSTRIAL PERSONAL 12,358,709 N/A 12,358,709 12,358,709
M. MOBILE HOMES 1,623,357 N/A 1,623,357 1,623,357
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 66,627 N/A 66,627 66,627
S. SPECIAL INVENTORY 3,736,688 N/A 3,736,688 3,736,688
Subtotal 507,059,635 0 539,450,271 507,059,635
Less Total Deductions 92,523,401 0 98,772,941 92,523,401
Total Taxable Value 414,536,234 0 440,677,330 414,536,234

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
429,138,492 414,536,234 429,138,492 414,536,234


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,602,258 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
429,138,492 414,536,234 429,138,492 414,536,234

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

152-903-02/Slaton ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 263,129,607 0.9474 277,738,661 263,129,607
B. MULTIFAMILY RESIDENCES 4,189,420 N/A 4,189,420 4,189,420
C1. VACANT LOTS 3,388,607 N/A 3,388,607 3,388,607
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 9,638,826 1.1944 8,069,877 9,638,826
D2. REAL PROP:FARM & RANCH 1,140,294 N/A 1,140,294 1,140,294
E. REAL PROP NONQUAL ACREAGE 24,556,940 N/A 24,556,940 24,556,940
F1. COMMERCIAL REAL 38,643,352 0.9910 38,994,301 38,643,352
F2. INDUSTRIAL REAL 1,334,713 N/A 1,334,713 1,334,713
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 115,965,498 0.8477 136,800,163 115,965,498
L1. COMMERCIAL PERSONAL 27,286,997 1.0721 25,451,914 27,286,997
L2. INDUSTRIAL PERSONAL 12,358,709 N/A 12,358,709 12,358,709
M. MOBILE HOMES 1,623,357 N/A 1,623,357 1,623,357
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 66,627 N/A 66,627 66,627
S. SPECIAL INVENTORY 3,736,688 N/A 3,736,688 3,736,688
Subtotal 507,059,635 539,450,271 507,059,635
Less Total Deductions 92,523,401 98,772,941 92,523,401
Total Taxable Value 414,536,234 440,677,330 414,536,234

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
429,138,492 414,536,234 429,138,492 414,536,234


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
14,602,258 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
429,138,492 414,536,234 429,138,492 414,536,234

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