taxes Property Tax Assistance

2021 ISD Summary Worksheet

152-Lubbock /Lubbock County

152-901/Lubbock ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 7,493,888,561 0.9801 7,646,044,854 7,493,888,561
B - MULTIFAMILY 1,483,529,298 0.9746 1,522,193,000 1,483,529,298
C1 - VACANT LOTS 91,060,918 N/A 91,060,918 91,060,918
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,384,097 1.0287 2,317,480 2,384,097
D2 - FARM & RANCH IMP 217,090 N/A 217,090 217,090
E - NON-AG LAND AND IMPROVEMENTS 8,471,115 N/A 8,471,115 8,471,115
F1 - COMMERCIAL REAL 2,792,919,393 0.9878 2,827,413,842 2,792,919,393
F2 - INDUSTRIAL REAL 112,552,152 N/A 112,552,152 112,552,152
G - ALL MINERALS 9,192,920 N/A 9,192,920 9,192,920
J - ALL UTILITIES 245,957,510 N/A 245,957,510 245,957,510
L1 - COMMERCIAL PERSONAL 1,303,344,998 0.9858 1,322,119,089 1,303,344,998
L2 - INDUSTRIAL PERSONAL 263,520,658 N/A 263,520,658 263,520,658
M1 - MOBILE HOMES 3,853,345 N/A 3,853,345 3,853,345
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,520,785 N/A 1,520,785 1,520,785
S - SPECIAL INVENTORY 59,797,446 N/A 59,797,446 59,797,446
Subtotal 13,872,210,286 0 14,116,232,204 13,872,210,286
Less Total Deductions 1,693,827,644 0 1,742,587,113 1,693,827,644
Total Taxable Value 12,178,382,642 0 12,373,645,091 12,178,382,642

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
12,461,249,678 12,178,382,642 12,461,249,678 12,178,382,642


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
282,867,036 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
12,461,249,678 12,178,382,642 12,461,249,678 12,178,382,642

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 7,493,888,561 0.9801 7,646,044,854 7,493,888,561
B - MULTIFAMILY 1,483,529,298 0.9746 1,522,193,000 1,483,529,298
C1 - VACANT LOTS 91,060,918 N/A 91,060,918 91,060,918
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,384,097 1.0287 2,317,480 2,384,097
D2 - FARM & RANCH IMP 217,090 N/A 217,090 217,090
E - NON-AG LAND AND IMPROVEMENTS 8,471,115 N/A 8,471,115 8,471,115
F1 - COMMERCIAL REAL 2,792,919,393 0.9878 2,827,413,842 2,792,919,393
F2 - INDUSTRIAL REAL 112,552,152 N/A 112,552,152 112,552,152
G - ALL MINERALS 9,192,920 N/A 9,192,920 9,192,920
J - ALL UTILITIES 245,957,510 N/A 245,957,510 245,957,510
L1 - COMMERCIAL PERSONAL 1,303,344,998 0.9858 1,322,119,089 1,303,344,998
L2 - INDUSTRIAL PERSONAL 263,520,658 N/A 263,520,658 263,520,658
M1 - MOBILE HOMES 3,853,345 N/A 3,853,345 3,853,345
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,520,785 N/A 1,520,785 1,520,785
S - SPECIAL INVENTORY 59,797,446 N/A 59,797,446 59,797,446
Subtotal 13,872,210,286 14,116,232,204 13,872,210,286
Less Total Deductions 1,693,827,644 1,742,587,113 1,693,827,644
Total Taxable Value 12,178,382,642 12,373,645,091 12,178,382,642

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
12,461,249,678 12,178,382,642 12,461,249,678 12,178,382,642


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
282,867,036 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
12,461,249,678 12,178,382,642 12,461,249,678 12,178,382,642

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