taxes Property Tax Assistance

2021 ISD Summary Worksheet

152-Lubbock /Lubbock County

152-903/Slaton ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	285,706,789	0.9239	309,239,949	309,239,949
B - MULTIFAMILY	6,596,725	N/A	6,596,725	6,596,725
C1 - VACANT LOTS	3,291,152	N/A	3,291,152	3,291,152
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,534,726	0.9046	9,435,323	9,435,323
D2 - FARM & RANCH IMP	1,041,907	N/A	1,041,907	1,041,907
E - NON-AG LAND AND IMPROVEMENTS	23,726,331	N/A	23,726,331	23,726,331
F1 - COMMERCIAL REAL	43,666,723	1.0203	42,797,925	42,797,925
F2 - INDUSTRIAL REAL	1,553,050	N/A	1,553,050	1,553,050
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	161,082,678	0.8663	185,943,297	185,943,297
L1 - COMMERCIAL PERSONAL	22,863,956	N/A	22,863,956	22,863,956
L2 - INDUSTRIAL PERSONAL	9,788,734	N/A	9,788,734	9,788,734
M1 - MOBILE HOMES	1,847,751	N/A	1,847,751	1,847,751
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	62,952	N/A	62,952	62,952
S - SPECIAL INVENTORY	3,583,974	N/A	3,583,974	3,583,974
Subtotal	573,347,448	0	621,773,026	621,773,026
Less Total Deductions	90,164,760	0	98,277,185	98,277,185
Total Taxable Value	483,182,688	0	523,495,841	523,495,841

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
538,099,704	523,495,841	538,099,704	523,495,841

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
14,603,863	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
538,099,704	523,495,841	538,099,704	523,495,841

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

153-Lynn /Lynn County

152-903/Slaton ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 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	1,699,050	N/A	1,699,050	1,699,050
D2 - FARM & RANCH IMP	319,900	N/A	319,900	319,900
E - NON-AG LAND AND IMPROVEMENTS	981,820	N/A	981,820	981,820
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	188,360	N/A	188,360	188,360
L1 - COMMERCIAL PERSONAL	0	N/A	0	0
L2 - INDUSTRIAL PERSONAL	15,730	N/A	15,730	15,730
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	3,229,010	0	3,229,010	3,229,010
Less Total Deductions	624,249	0	624,249	624,249
Total Taxable Value	2,604,761	0	2,604,761	2,604,761

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
2,674,761	2,604,761	2,674,761	2,604,761

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
2,674,761	2,604,761	2,674,761	2,604,761

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	285,706,789	0.9239	309,239,949	309,239,949
B - MULTIFAMILY	6,596,725	N/A	6,596,725	6,596,725
C1 - VACANT LOTS	3,291,152	N/A	3,291,152	3,291,152
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,233,776	0.9191	11,134,373	11,134,373
D2 - FARM & RANCH IMP	1,361,807	N/A	1,361,807	1,361,807
E - NON-AG LAND AND IMPROVEMENTS	24,708,151	N/A	24,708,151	24,708,151
F1 - COMMERCIAL REAL	43,666,723	1.0203	42,797,925	42,797,925
F2 - INDUSTRIAL REAL	1,553,050	N/A	1,553,050	1,553,050
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	161,271,038	0.8664	186,131,657	186,131,657
L1 - COMMERCIAL PERSONAL	22,863,956	N/A	22,863,956	22,863,956
L2 - INDUSTRIAL PERSONAL	9,804,464	N/A	9,804,464	9,804,464
M1 - MOBILE HOMES	1,871,901	N/A	1,871,901	1,871,901
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	62,952	N/A	62,952	62,952
S - SPECIAL INVENTORY	3,583,974	N/A	3,583,974	3,583,974
Subtotal	576,576,458		625,002,036	625,002,036
Less Total Deductions	90,789,009		98,901,434	98,901,434
Total Taxable Value	485,787,449		526,100,602	526,100,602

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
540,774,465	526,100,602	540,774,465	526,100,602

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
14,673,863	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
540,774,465	526,100,602	540,774,465	526,100,602

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