taxes Property Tax Assistance

2020 ISD Summary Worksheet

152-Lubbock

152-910/Idalou ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 153,255,090 N/A 153,255,090 153,255,090
B - MULTIFAMILY 1,405,282 N/A 1,405,282 1,405,282
C1 - VACANT LOTS 1,413,719 N/A 1,413,719 1,413,719
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 20,220,691 N/A 20,220,691 20,220,691
D2 - FARM & RANCH IMP 364,778 N/A 364,778 364,778
E - NON-AG LAND AND IMPROVEMENTS 54,076,177 N/A 54,076,177 54,076,177
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 8,401,740 N/A 8,401,740 8,401,740
J - ALL UTILITIES 11,193,853 N/A 11,193,853 11,193,853
L1 - COMMERCIAL PERSONAL 72,649,987 N/A 72,649,987 72,649,987
L2 - INDUSTRIAL PERSONAL 2,120,759 N/A 2,120,759 2,120,759
M1 - MOBILE HOMES 777,935 N/A 777,935 777,935
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 351,724,709 0 351,724,709 351,724,709
Less Total Deductions 46,449,733 0 46,449,733 46,449,733
Total Taxable Value 305,274,976 0 305,274,976 305,274,976

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
313,040,127 305,274,976 313,040,127 305,274,976


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,765,151 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
313,040,127 305,274,976 313,040,127 305,274,976

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 153,255,090 N/A 153,255,090 153,255,090
B - MULTIFAMILY 1,405,282 N/A 1,405,282 1,405,282
C1 - VACANT LOTS 1,413,719 N/A 1,413,719 1,413,719
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 20,220,691 N/A 20,220,691 20,220,691
D2 - FARM & RANCH IMP 364,778 N/A 364,778 364,778
E - NON-AG LAND AND IMPROVEMENTS 54,076,177 N/A 54,076,177 54,076,177
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 8,401,740 N/A 8,401,740 8,401,740
J - ALL UTILITIES 11,193,853 N/A 11,193,853 11,193,853
L1 - COMMERCIAL PERSONAL 72,649,987 N/A 72,649,987 72,649,987
L2 - INDUSTRIAL PERSONAL 2,120,759 N/A 2,120,759 2,120,759
M1 - MOBILE HOMES 777,935 N/A 777,935 777,935
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 351,724,709 351,724,709 351,724,709
Less Total Deductions 46,449,733 46,449,733 46,449,733
Total Taxable Value 305,274,976 305,274,976 305,274,976

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
313,040,127 305,274,976 313,040,127 305,274,976


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
7,765,151 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
313,040,127 305,274,976 313,040,127 305,274,976

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