taxes Property Tax Assistance

2016 ISD Summary Worksheet

152/Lubbock

152-908/Roosevelt ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 146,989,095 N/A 146,989,095 146,989,095
B. Multi-Family Residences 432,227 N/A 432,227 432,227
C1. Vacant Lots 4,571,892 N/A 4,571,892 4,571,892
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,000,877 N/A 11,000,877 11,000,877
D2. Real Prop Farm & Ranch 135,431 N/A 135,431 135,431
E. Real Prop NonQual Acres 19,359,987 N/A 19,359,987 19,359,987
F1. Commercial Real 13,785,346 N/A 13,785,346 13,785,346
F2. Industrial Real 2,322,557 N/A 2,322,557 2,322,557
G. Oil, Gas, Minerals 13,843,140 N/A 13,843,140 13,843,140
J. Utilities 7,963,343 N/A 7,963,343 7,963,343
L1. Commercial Personal 13,110,081 N/A 13,110,081 13,110,081
L2. Industrial Personal 6,654,824 N/A 6,654,824 6,654,824
M. Other Personal 2,839,671 N/A 2,839,671 2,839,671
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 29,400 N/A 29,400 29,400
S. Special Inventory 78,867 N/A 78,867 78,867
Subtotal 243,116,738 243,116,738 243,116,738
Less Total Deductions 45,987,505   45,987,505 45,987,505
Total Taxable Value 197,129,233 197,129,233 197,129,233 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
204,539,347 197,129,233 204,539,347 197,129,233


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,410,114 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
204,539,347 197,129,233 204,539,347 197,129,233

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