Quick Start for:

2011 ISD Summary Worksheet

152/Lubbock

152-910/Idalou ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTAD Value Estimate 2011 Value Assigned
A. Single-Family Residences 93,940,516 1.0132 92,716,656 93,940,516
B. Multi-Family Residences 1,373,763 N/A 1,373,763 1,373,763
C. Vacant Lots 2,362,481 N/A 2,362,481 2,362,481
D. Rural Real(Taxable) 49,406,750 1.0124 48,802,126 49,406,750
F1. Commercial Real 14,969,580 .9954 15,038,758 14,969,580
F2. Industrial Real 3,476,051 N/A 3,476,051 3,476,051
G. Oil, Gas, Minerals 29,202,790 1.0239 28,521,135 29,202,790
J. Utilities 6,427,553 N/A 6,427,553 6,427,553
L1. Commercial Personal 34,773,162 .9749 35,668,440 34,773,162
L2. Industrial Personal 2,745,559 N/A 2,745,559 2,745,559
M. Other Personal 306,712 N/A 306,712 306,712
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 155,587 N/A 155,587 155,587
Subtotal 239,140,504 237,594,821 239,140,504
Less Total Deductions 27,551,938   27,167,058 27,551,938
Total Taxable Value 211,588,566 210,427,763 211,588,566 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 22,109,223 .9265 23,863,166
Prod Value Qualified Acres 27,297,527 1.0946 24,938,960
Taxable Value 49,406,750   48,802,126

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
220,121,842 211,588,566 220,121,842 211,588,566 211,588,566 211,588,566


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,533,276 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
220,121,842 211,588,566 220,121,842 211,588,566 211,588,566 211,588,566

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

Required Plug-ins