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2011 ISD Summary Worksheet

152/Lubbock

152-908/Roosevelt ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTAD Value Estimate 2011 Value Assigned
A. Single-Family Residences 127,090,657 .9595 132,455,088 127,090,657
B. Multi-Family Residences 452,141 N/A 452,141 452,141
C. Vacant Lots 4,866,282 N/A 4,866,282 4,866,282
D. Rural Real(Taxable) 35,085,770 .9412 37,279,257 35,085,770
F1. Commercial Real 11,481,644 N/A 11,481,644 11,481,644
F2. Industrial Real 3,915,746 N/A 3,915,746 3,915,746
G. Oil, Gas, Minerals 76,271,980 1.0215 74,666,647 76,271,980
J. Utilities 6,077,449 N/A 6,077,449 6,077,449
L1. Commercial Personal 7,518,402 N/A 7,518,402 7,518,402
L2. Industrial Personal 3,132,566 N/A 3,132,566 3,132,566
M. Other Personal 774,941 N/A 774,941 774,941
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 151,200 N/A 151,200 151,200
S. Special Inventory 184,070 N/A 184,070 184,070
Subtotal 277,002,848 282,955,433 277,002,848
Less Total Deductions 34,223,937   35,847,127 34,223,937
Total Taxable Value 242,778,911 247,108,306 242,778,911 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 15,535,651 .7908 19,645,487
Prod Value Qualified Acres 19,550,119 1.1087 17,633,770
Taxable Value 35,085,770   37,279,257

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
253,030,481 242,778,911 253,030,481 242,778,911 242,778,911 242,778,911


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,251,570 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
253,030,481 242,778,911 253,030,481 242,778,911 242,778,911 242,778,911

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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