taxes Property Tax Assistance

2016 ISD Summary Worksheet

152/Lubbock

152-902/New Deal ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 80,417,618 N/A 80,417,618 80,417,618
B. Multi-Family Residences 366,253 N/A 366,253 366,253
C1. Vacant Lots 3,108,617 N/A 3,108,617 3,108,617
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,393,801 N/A 12,393,801 12,393,801
D2. Real Prop Farm & Ranch 176,826 N/A 176,826 176,826
E. Real Prop NonQual Acres 33,489,855 N/A 33,489,855 33,489,855
F1. Commercial Real 10,310,360 N/A 10,310,360 10,310,360
F2. Industrial Real 17,890,394 N/A 17,890,394 17,890,394
G. Oil, Gas, Minerals 10,291,090 N/A 10,291,090 10,291,090
J. Utilities 12,897,818 N/A 12,897,818 12,897,818
L1. Commercial Personal 9,902,891 N/A 9,902,891 9,902,891
L2. Industrial Personal 54,819,919 N/A 54,819,919 54,819,919
M. Other Personal 2,815,166 N/A 2,815,166 2,815,166
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 418,928 N/A 418,928 418,928
Subtotal 249,299,536 249,299,536 249,299,536
Less Total Deductions 54,112,408   54,112,408 54,112,408
Total Taxable Value 195,187,128 195,187,128 195,187,128 T2

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
200,225,163 195,187,128 200,225,163 195,187,128


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,038,035 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
200,225,163 195,187,128 200,225,163 195,187,128

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