taxes Property Tax Assistance

2021 ISD Summary Worksheet

152-Lubbock /Lubbock County

152-902/New Deal ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 107,814,539 0.9193 117,278,950 107,814,539
B - MULTIFAMILY 651,503 N/A 651,503 651,503
C1 - VACANT LOTS 2,582,431 N/A 2,582,431 2,582,431
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,623,155 0.9268 16,856,794 15,623,155
D2 - FARM & RANCH IMP 677,906 N/A 677,906 677,906
E - NON-AG LAND AND IMPROVEMENTS 58,092,850 0.9295 62,499,032 58,092,850
F1 - COMMERCIAL REAL 44,780,493 1.0236 43,748,039 44,780,493
F2 - INDUSTRIAL REAL 64,895,408 N/A 64,895,408 64,895,408
G - ALL MINERALS 13,473,250 1.0971 12,280,786 13,473,250
J - ALL UTILITIES 18,373,939 0.8433 21,788,141 18,373,939
L1 - COMMERCIAL PERSONAL 63,600,105 0.9909 64,184,181 63,600,105
L2 - INDUSTRIAL PERSONAL 128,721,400 N/A 128,721,400 128,721,400
M1 - MOBILE HOMES 3,703,179 N/A 3,703,179 3,703,179
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 828,246 N/A 828,246 828,246
Subtotal 523,818,404 0 540,695,996 523,818,404
Less Total Deductions 86,133,966 0 90,318,838 86,133,966
Total Taxable Value 437,684,438 0 450,377,158 437,684,438

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
443,232,986 437,684,438 443,232,986 437,684,438


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,548,548 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
443,232,986 437,684,438 443,232,986 437,684,438

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

152-902-02/New Deal ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 107,814,539 0.9193 117,278,950 107,814,539
B - MULTIFAMILY 651,503 N/A 651,503 651,503
C1 - VACANT LOTS 2,582,431 N/A 2,582,431 2,582,431
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,623,155 0.9268 16,856,794 15,623,155
D2 - FARM & RANCH IMP 677,906 N/A 677,906 677,906
E - NON-AG LAND AND IMPROVEMENTS 58,092,850 0.9295 62,499,032 58,092,850
F1 - COMMERCIAL REAL 44,780,493 1.0236 43,748,039 44,780,493
F2 - INDUSTRIAL REAL 64,895,408 N/A 64,895,408 64,895,408
G - ALL MINERALS 13,473,250 1.0971 12,280,786 13,473,250
J - ALL UTILITIES 18,373,939 0.8433 21,788,141 18,373,939
L1 - COMMERCIAL PERSONAL 63,600,105 0.9909 64,184,181 63,600,105
L2 - INDUSTRIAL PERSONAL 128,721,400 N/A 128,721,400 128,721,400
M1 - MOBILE HOMES 3,703,179 N/A 3,703,179 3,703,179
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 828,246 N/A 828,246 828,246
Subtotal 523,818,404 540,695,996 523,818,404
Less Total Deductions 86,133,966 90,318,838 86,133,966
Total Taxable Value 437,684,438 450,377,158 437,684,438

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
443,232,986 437,684,438 443,232,986 437,684,438


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,548,548 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
443,232,986 437,684,438 443,232,986 437,684,438

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