taxes Property Tax Assistance

2020 ISD Summary Worksheet

152-Lubbock /Lubbock County

152-910/Idalou ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	153,081,831	N/A	153,081,831	153,081,831
B - MULTIFAMILY	1,405,282	N/A	1,405,282	1,405,282
C1 - VACANT LOTS	1,477,547	N/A	1,477,547	1,477,547
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	20,203,647	N/A	20,203,647	20,203,647
D2 - FARM & RANCH IMP	378,925	N/A	378,925	378,925
E - NON-AG LAND AND IMPROVEMENTS	54,044,506	N/A	54,044,506	54,044,506
F1 - COMMERCIAL REAL	20,483,421	N/A	20,483,421	20,483,421
F2 - INDUSTRIAL REAL	5,275,864	N/A	5,275,864	5,275,864
G - ALL MINERALS	8,403,640	N/A	8,403,640	8,403,640
J - ALL UTILITIES	11,193,853	N/A	11,193,853	11,193,853
L1 - COMMERCIAL PERSONAL	70,567,214	N/A	70,567,214	70,567,214
L2 - INDUSTRIAL PERSONAL	1,928,259	N/A	1,928,259	1,928,259
M1 - MOBILE HOMES	765,755	N/A	765,755	765,755
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	85,413	N/A	85,413	85,413
Subtotal	349,295,157	0	349,295,157	349,295,157
Less Total Deductions	47,361,297	0	47,361,297	47,361,297
Total Taxable Value	301,933,860	0	301,933,860	301,933,860

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
310,264,011	301,933,860	310,264,011	301,933,860

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
8,330,151	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
310,264,011	301,933,860	310,264,011	301,933,860

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

152-910-02/Idalou ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	153,081,831	N/A	153,081,831	153,081,831
B - MULTIFAMILY	1,405,282	N/A	1,405,282	1,405,282
C1 - VACANT LOTS	1,477,547	N/A	1,477,547	1,477,547
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	20,203,647	N/A	20,203,647	20,203,647
D2 - FARM & RANCH IMP	378,925	N/A	378,925	378,925
E - NON-AG LAND AND IMPROVEMENTS	54,044,506	N/A	54,044,506	54,044,506
F1 - COMMERCIAL REAL	20,483,421	N/A	20,483,421	20,483,421
F2 - INDUSTRIAL REAL	5,275,864	N/A	5,275,864	5,275,864
G - ALL MINERALS	8,403,640	N/A	8,403,640	8,403,640
J - ALL UTILITIES	11,193,853	N/A	11,193,853	11,193,853
L1 - COMMERCIAL PERSONAL	70,567,214	N/A	70,567,214	70,567,214
L2 - INDUSTRIAL PERSONAL	1,928,259	N/A	1,928,259	1,928,259
M1 - MOBILE HOMES	765,755	N/A	765,755	765,755
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	85,413	N/A	85,413	85,413
Subtotal	349,295,157		349,295,157	349,295,157
Less Total Deductions	47,361,297		47,361,297	47,361,297
Total Taxable Value	301,933,860		301,933,860	301,933,860

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
310,264,011	301,933,860	310,264,011	301,933,860

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
8,330,151	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
310,264,011	301,933,860	310,264,011	301,933,860

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