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2011 ISD Summary Worksheet

152/Lubbock

152-909/Shallowater ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTAD Value Estimate 2011 Value Assigned
A. Single-Family Residences 146,030,713 .9593 152,226,324 146,030,713
B. Multi-Family Residences 1,802,666 N/A 1,802,666 1,802,666
C. Vacant Lots 3,623,088 N/A 3,623,088 3,623,088
D. Rural Real(Taxable) 27,432,311 1.0563 25,971,118 27,432,311
F1. Commercial Real 12,990,394 N/A 12,990,394 12,990,394
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 67,781,190 1.0111 67,037,078 67,781,190
J. Utilities 10,520,482 N/A 10,520,482 10,520,482
L1. Commercial Personal 9,799,226 N/A 9,799,226 9,799,226
L2. Industrial Personal 1,638,869 N/A 1,638,869 1,638,869
M. Other Personal 989,666 N/A 989,666 989,666
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 1,369,900 N/A 1,369,900 1,369,900
S. Special Inventory 11,664 N/A 11,664 11,664
Subtotal 283,990,169 287,980,475 283,990,169
Less Total Deductions 30,948,202   32,154,408 30,948,202
Total Taxable Value 253,041,967 255,826,067 253,041,967 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 12,788,975 N/A 12,788,975
Prod Value Qualified Acres 14,643,336 1.1108 13,182,143
Taxable Value 27,432,311   25,971,118

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
264,849,952 253,041,967 264,849,952 253,041,967 253,041,967 253,041,967


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,807,985 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
264,849,952 253,041,967 264,849,952 253,041,967 253,041,967 253,041,967

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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