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2011 ISD Summary Worksheet

152/Lubbock

152-902/New Deal ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTD Value Estimate 2011 Value Assigned
A. Single-Family Residences 65,028,654 .9743 66,743,974 65,028,654
B. Multi-Family Residences 353,836 N/A 353,836 353,836
C. Vacant Lots 3,039,878 N/A 3,039,878 3,039,878
D. Rural Real(Taxable) 45,205,570 1.0134 44,608,036 45,205,570
F1. Commercial Real 4,649,239 N/A 4,649,239 4,649,239
F2. Industrial Real 17,749,818 N/A 17,749,818 17,749,818
G. Oil, Gas, Minerals 47,455,810 1.0124 46,874,565 47,455,810
J. Utilities 9,445,682 N/A 9,445,682 9,445,682
L1. Commercial Personal 5,482,340 N/A 5,482,340 5,482,340
L2. Industrial Personal 36,617,859 N/A 36,617,859 36,617,859
M. Other Personal 205,648 N/A 205,648 205,648
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 122,800 N/A 122,800 122,800
S. Special Inventory 331,246 N/A 331,246 331,246
Subtotal 235,688,380 236,224,921 235,688,380
Less Total Deductions 35,043,848   35,480,960 35,043,848
Total Taxable Value 200,644,532 200,743,961 200,644,532 T2

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 21,887,396 .9273 23,603,360
Prod Value Qualified Acres 23,318,174 1.1101 21,004,676
Taxable Value 45,205,570   44,608,036

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
207,674,963 200,644,532 207,674,963 200,644,532 200,644,532 200,644,532


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,030,431 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
207,674,963 200,644,532 207,674,963 200,644,532 200,644,532 200,644,532

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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