taxes Property Tax Assistance

2020 ISD Summary Worksheet

152-Lubbock /Lubbock County

152-903/Slaton ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	272,702,519	0.9441	288,849,189	272,702,519
B - MULTIFAMILY	4,519,599	N/A	4,519,599	4,519,599
C1 - VACANT LOTS	3,283,315	N/A	3,283,315	3,283,315
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,340,286	1.0494	7,947,776	8,340,286
D2 - FARM & RANCH IMP	1,078,930	N/A	1,078,930	1,078,930
E - NON-AG LAND AND IMPROVEMENTS	23,747,180	1.0185	23,315,837	23,747,180
F1 - COMMERCIAL REAL	40,318,913	0.9432	42,746,939	40,318,913
F2 - INDUSTRIAL REAL	1,309,252	N/A	1,309,252	1,309,252
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	141,661,908	0.9518	148,835,793	141,661,908
L1 - COMMERCIAL PERSONAL	24,791,111	1.0760	23,040,066	24,791,111
L2 - INDUSTRIAL PERSONAL	13,894,614	N/A	13,894,614	13,894,614
M1 - MOBILE HOMES	1,700,428	N/A	1,700,428	1,700,428
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	66,627	N/A	66,627	66,627
S - SPECIAL INVENTORY	3,825,993	N/A	3,825,993	3,825,993
Subtotal	541,240,675	0	564,414,358	541,240,675
Less Total Deductions	91,173,329	0	97,991,982	91,173,329
Total Taxable Value	450,067,346	0	466,422,376	450,067,346

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
465,148,562	450,067,346	465,148,562	450,067,346

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
15,081,216	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
465,148,562	450,067,346	465,148,562	450,067,346

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

153-Lynn /Lynn County

152-903/Slaton ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	0	N/A	0	0
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	0	N/A	0	0
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,516,230	N/A	1,516,230	1,516,230
D2 - FARM & RANCH IMP	319,900	N/A	319,900	319,900
E - NON-AG LAND AND IMPROVEMENTS	981,840	N/A	981,840	981,840
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	182,140	N/A	182,140	182,140
L1 - COMMERCIAL PERSONAL	0	N/A	0	0
L2 - INDUSTRIAL PERSONAL	18,940	N/A	18,940	18,940
M1 - MOBILE HOMES	24,150	N/A	24,150	24,150
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	3,043,200	0	3,043,200	3,043,200
Less Total Deductions	667,176	0	667,176	667,176
Total Taxable Value	2,376,024	0	2,376,024	2,376,024

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
2,446,024	2,376,024	2,446,024	2,376,024

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
70,000	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
2,446,024	2,376,024	2,446,024	2,376,024

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

152-903-02/Slaton ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	272,702,519	0.9441	288,849,189	272,702,519
B - MULTIFAMILY	4,519,599	N/A	4,519,599	4,519,599
C1 - VACANT LOTS	3,283,315	N/A	3,283,315	3,283,315
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,856,516	1.0415	9,464,006	9,856,516
D2 - FARM & RANCH IMP	1,398,830	N/A	1,398,830	1,398,830
E - NON-AG LAND AND IMPROVEMENTS	24,729,020	1.0178	24,297,677	24,729,020
F1 - COMMERCIAL REAL	40,318,913	0.9432	42,746,939	40,318,913
F2 - INDUSTRIAL REAL	1,309,252	N/A	1,309,252	1,309,252
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	141,844,048	0.9519	149,017,933	141,844,048
L1 - COMMERCIAL PERSONAL	24,791,111	1.0760	23,040,066	24,791,111
L2 - INDUSTRIAL PERSONAL	13,913,554	N/A	13,913,554	13,913,554
M1 - MOBILE HOMES	1,724,578	N/A	1,724,578	1,724,578
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	66,627	N/A	66,627	66,627
S - SPECIAL INVENTORY	3,825,993	N/A	3,825,993	3,825,993
Subtotal	544,283,875		567,457,558	544,283,875
Less Total Deductions	91,840,505		98,659,158	91,840,505
Total Taxable Value	452,443,370		468,798,400	452,443,370

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
467,594,586	452,443,370	467,594,586	452,443,370

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
15,151,216	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
467,594,586	452,443,370	467,594,586	452,443,370

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