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2007 ISD Summary Worksheet

152/Lubbock
152-901/Lubbock ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 4,839,232,625 .9573 5,055,084,744 4,839,232,625
B. Multi-Family Residences 752,166,029 .9834 764,862,751 752,166,029
C. Vacant Lots 98,124,322 N/A 98,124,322 98,124,322
D. Rural Real(Taxable) 16,104,381 1.0755 14,974,254 16,104,381
F1. Commercial Real 1,758,533,070 .9776 1,798,826,790 1,758,533,070
F2. Industrial Real 137,889,495 N/A 137,889,495 137,889,495
G. Oil, Gas, Minerals 30,509,582 N/A 30,509,582 30,509,582
J. Utilities 163,106,586 N/A 163,106,586 163,106,586
L1. Commercial Personal 913,550,067 1.0076 906,659,455 913,550,067
L2. Industrial Personal 272,530,655 N/A 272,530,655 272,530,655
M. Other Personal 5,305,520 N/A 5,305,520 5,305,520
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 21,241,167 N/A 21,241,167 21,241,167
S. Special Inventory 47,458,283 N/A 47,458,283 47,458,283
Subtotal 9,055,751,782 9,316,573,604 9,055,751,782
Less Total Deductions 1,102,512,396   1,159,686,664 1,102,512,396
Total Taxable Value 7,953,239,386 8,156,886,940 7,953,239,386 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 12,667,395 N/A 12,667,395
Prod Value Qualified Acres 3,436,986 1.4899 2,306,859
Taxable Value 16,104,381   14,974,254

The taxable values shown here will not match the values reported by your appraisal district

NOTE: See the ISD Deduction Report for a breakdown of deduction values

SB4, Passed by the 1999 legislature, (Section 403.302(J) and (K), Government Code), requires the Comptroller to certify alternative measures of school district wealth (T1, T3, and T4) in addition to the traditional measure (T2). Questions about the extent to which any of these wealth measures affect school funding should be directed to the Division of State Funding at the Texas Education Agency, Telephone #512-463-9238.

T1 Loss To The Additional $10,000 Homestead Exemption T2 50% Of The Loss To The Local Optional Percentage Homestead Exemption T3 T4
8,291,093,706 337,854,320 7,953,239,386 0 8,291,093,706 7,953,239,386

T1 = School district taxable value before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value after the loss to the additional $10,000 homestead exemption

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

The PVS found your local value to be valid, and local value was certified

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