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2011 ISD Summary Worksheet

152/Lubbock

152-901/Lubbock ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTAD Value Estimate 2011 Value Assigned
A. Single-Family Residences 5,269,958,084 1.0030 5,254,195,498 5,269,958,084
B. Multi-Family Residences 853,395,853 .9705 879,336,273 853,395,853
C. Vacant Lots 81,785,464 N/A 81,785,464 81,785,464
D. Rural Real(Taxable) 10,412,342 1.0303 10,106,140 10,412,342
F1. Commercial Real 2,133,909,770 .9785 2,180,796,903 2,133,909,770
F2. Industrial Real 158,968,405 N/A 158,968,405 158,968,405
G. Oil, Gas, Minerals 59,255,450 N/A 59,255,450 59,255,450
J. Utilities 143,732,680 N/A 143,732,680 143,732,680
L1. Commercial Personal 977,602,614 .9785 999,082,896 977,602,614
L2. Industrial Personal 290,527,832 N/A 290,527,832 290,527,832
M. Other Personal 3,803,956 N/A 3,803,956 3,803,956
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 14,593,306 N/A 14,593,306 14,593,306
S. Special Inventory 45,548,316 N/A 45,548,316 45,548,316
Subtotal 10,043,494,072 10,121,733,119 10,043,494,072
Less Total Deductions 1,172,865,314   1,168,450,801 1,172,865,314
Total Taxable Value 8,870,628,758 8,953,282,318 8,870,628,758 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 7,047,169 N/A 7,047,169
Prod Value Qualified Acres 3,365,173 1.1001 3,058,971
Taxable Value 10,412,342   10,106,140

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
9,208,272,428 8,870,628,758 9,208,272,428 8,870,628,758 8,870,628,758 8,870,628,758


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
337,643,670 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
9,208,272,428 8,870,628,758 9,208,272,428 8,870,628,758 8,870,628,758 8,870,628,758

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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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