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2011 ISD Summary Worksheet

152/Lubbock

152-901/Lubbock ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTD Value Estimate 2011 Value Assigned
A. Single-Family Residences 5,271,969,172 1.0030 5,256,200,570 5,271,969,172
B. Multi-Family Residences 858,810,820 .9705 884,915,837 858,810,820
C. Vacant Lots 81,770,036 N/A 81,770,036 81,770,036
D. Rural Real(Taxable) 10,433,742 1.0307 10,122,961 10,433,742
F1. Commercial Real 2,137,249,360 .9785 2,184,209,872 2,137,249,360
F2. Industrial Real 160,380,260 N/A 160,380,260 160,380,260
G. Oil, Gas, Minerals 59,256,290 N/A 59,256,290 59,256,290
J. Utilities 143,603,370 N/A 143,603,370 143,603,370
L1. Commercial Personal 972,264,745 .9785 993,627,741 972,264,745
L2. Industrial Personal 292,260,135 N/A 292,260,135 292,260,135
M. Other Personal 3,829,203 N/A 3,829,203 3,829,203
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 14,886,645 N/A 14,886,645 14,886,645
S. Special Inventory 44,480,669 N/A 44,480,669 44,480,669
Subtotal 10,051,194,447 10,129,543,589 10,051,194,447
Less Total Deductions 1,165,910,693   1,161,615,013 1,165,910,693
Total Taxable Value 8,885,283,754 8,967,928,576 8,885,283,754 T2

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 7,068,569 N/A 7,068,569
Prod Value Qualified Acres 3,365,173 1.1017 3,054,392
Taxable Value 10,433,742   10,122,961

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
9,221,178,036 8,885,283,754 9,221,178,036 8,885,283,754 8,885,283,754 8,885,283,754


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
335,894,282 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
9,221,178,036 8,885,283,754 9,221,178,036 8,885,283,754 8,885,283,754 8,885,283,754

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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