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2011 ISD Summary Worksheet

152/Lubbock

152-906/Lubbock-Cooper ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTAD Value Estimate 2011 Value Assigned
A. Single-Family Residences 1,360,303,630 1.0004 1,359,759,726 1,360,303,630
B. Multi-Family Residences 22,741,930 N/A 22,741,930 22,741,930
C. Vacant Lots 49,503,527 N/A 49,503,527 49,503,527
D. Rural Real(Taxable) 60,556,694 1.0335 58,591,457 60,556,694
F1. Commercial Real 163,243,558 1.0051 162,415,240 163,243,558
F2. Industrial Real 9,475,273 N/A 9,475,273 9,475,273
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 21,039,912 N/A 21,039,912 21,039,912
L1. Commercial Personal 77,763,759 N/A 77,763,759 77,763,759
L2. Industrial Personal 8,739,972 N/A 8,739,972 8,739,972
M. Other Personal 772,647 N/A 772,647 772,647
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 12,993,445 N/A 12,993,445 12,993,445
S. Special Inventory 117,323 N/A 117,323 117,323
Subtotal 1,787,251,670 1,783,914,211 1,787,251,670
Less Total Deductions 159,741,193   159,659,271 159,741,193
Total Taxable Value 1,627,510,477 1,624,254,940 1,627,510,477 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 40,560,614 N/A 40,560,614
Prod Value Qualified Acres 19,996,080 1.1090 18,030,843
Taxable Value 60,556,694   58,591,457

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
1,684,288,895 1,627,510,477 1,684,288,895 1,627,510,477 1,627,510,477 1,627,510,477


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
56,778,418 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
1,684,288,895 1,627,510,477 1,684,288,895 1,627,510,477 1,627,510,477 1,627,510,477

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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