2014 Annual Report - Lubbock Central Appraisal District

Transcription

Lubbock Central Appraisal District
2014 Annual Report
Table of Contents
General Information…………………………………………………………………………..…………
Total Market Value 5 Year History…………………………………………………….………..…
Total Net Taxable Value 5 Year History………………………………………………………....
Average Market Value Single Family Residence 5 Year History…………………..…..
Average Taxable Value Single Family Residence 5 Year History………………………
Protest and Notice Summary………………………………………………………….…………..…
Property Categories and Descriptions..…………………………………………….……............
Lubbock County Market and Taxable Value by Property Category…………............
Exemption Table…………………………………………………………………………………............
Exemptions by Taxing Unit………………………………………………………………………..….
Page
1
2
3
4
5
6
7
8
9
10-11
The Property Tax Assistance Division of the Texas Comptroller's office requires appraisal
districts to publish an annual report. This report provides property owners, taxing units,
and other interested parties information about total market and taxable values, average
market and taxable values of a residence, and exemptions at the time of certification of
values to the taxing units.
Article 8 of The Texas Constitution defines five basic rules for property taxes:
 Property taxes must be equal and uniform
 Generally, property must be taxed at market value defined as "the price at which a
property would transfer for cash or its equivalent under prevailing market
conditions". There are limited exceptions to this rule, such as productivity value for
agricultural land.
 Each property must have a single appraised value.
 All property is taxable unless federal or state law exempts it from taxation
 Property owners have the right to reasonable notice of increases in the appraised
value of their property.
The Lubbock Central Appraisal District was created by the Texas Legislature in 1979.
Senate Bill 621 required that an appraisal district be established in each county for the
purpose of appraising property for ad valorem tax purposes. Appraisal districts are local
government political subdivisions of the state responsible for appraising property with
county boundaries. Prior to the creation of central appraisal districts, each taxing unit
followed their own appraisal standards and practices. Values were inaccurate and
inequitable. Property owners were required to visit multiple taxing units to resolve any
disputes concerning property value. Appraisal districts are independent of the taxing units
but are governed by a board elected by the taxing units elected officials.
By law, an appraisal district is to be managed by a professional staff with training and
education prescribed by the State of Texas. Appraisers are registered with the Texas
Department of Licensing and Registration and must complete courses and exams to
become a Registered Professional Appraiser.
Appraisal practices are governed by the Texas Property Tax Code and rules established by
the Texas Comptroller of Public Accounts. The Property Tax Assistance Division conducts a
property value study and a Methods and Assistance Program review in alternating years.
Results of both reviews are available on the Comptroller's website.
If you have questions about information contained in this report, contact Tim Radloff –
Chief Appraiser/Administrator. Email [email protected]. Phone (806)776-2208.
Page 1
LUBBOCK CENTRAL APPRAISAL DISTRICT
Certified Market Value
2010
2,630,793,819
334,732,163
1,718,220,073
9,969,955,726
245,993,273
277,639,515
239,202,872
269,125,720
2011
2,776,199,023
330,076,809
1,852,350,166
10,106,020,691
254,422,965
295,704,735
250,071,528
288,316,809
2012
2,859,972,468
380,268,085
1,930,754,991
10,230,024,460
253,884,869
303,277,252
267,492,675
326,714,106
2013
3,040,158,537
424,386,420
2,074,065,056
10,477,409,116
259,733,703
332,986,494
268,420,784
329,827,146
2014
3,254,935,763
428,034,029
2,286,734,023
10,711,147,552
288,043,603
350,108,012
276,196,213
335,552,150
City of Shallowater
City of Idalou
City of New Deal
City of Wolfforth
City of Slaton
City of Ransom Canyon
City of Lubbock
106,015,385
81,416,288
21,394,185
200,612,776
154,605,362
116,627,030
13,022,497,984
105,582,186
83,610,780
21,274,568
209,505,339
154,648,216
112,322,658
13,373,602,859
106,967,923
83,217,271
21,500,344
215,021,319
160,444,633
113,658,039
13,679,542,807
122,971,298
83,773,235
23,185,112
222,123,977
163,863,101
113,645,334
14,127,877,710
127,687,304
97,625,591
24,660,782
242,399,960
165,118,301
113,812,257
14,703,652,598
Lubbock County
Hospital District
Water District
15,792,376,928
15,792,376,928
15,792,376,928
16,259,914,760
16,259,914,760
16,259,914,760
16,741,000,708
16,741,000,708
16,741,000,708
17,335,102,797
17,335,102,797
17,335,102,797
18,042,664,792
18,042,664,792
18,042,664,792
17,293,040
86,499,642
19,467,208
746,647
18,946,084
87,119,466
18,707,782
795,476
21,508,054
93,526,969
18,843,691
858,922
22,479,569
89,551,979
19,559,277
883,902
23,416,711
97,795,727
20,778,718
884,382
*Frenship ISD
*Slaton ISD
Lubbock Cooper ISD
Lubbock ISD
Idalou ISD
Shallowater ISD
New Deal ISD
Roosevelt ISD
* City of Abernathy
* Abernathy ISD
* Lorenzo ISD
* Southland ISD
*Lubbock County portion only
As of Certification
Page 2
Net Taxable Value
*Frenship ISD
*Slaton ISD
Lubbock Cooper ISD
Lubbock ISD
Idalou ISD
Shallowater ISD
New Deal ISD
Roosevelt ISD
2010
2011
2012
2013
2014
2,383,627,671
277,722,106
1,554,531,671
9,011,095,205
216,493,946
242,739,646
193,385,942
236,443,045
2,519,283,884
280,682,402
1,668,402,102
9,188,691,919
221,706,894
259,026,904
201,928,294
252,719,255
2,637,614,619
334,161,417
1,765,350,588
9,435,946,274
223,642,615
269,901,156
224,222,494
293,650,070
2,812,335,062
377,354,982
1,897,503,969
9,684,057,781
226,308,789
289,367,016
220,663,051
293,932,961
3,022,248,029
376,902,171
2,102,688,402
9,922,214,413
249,306,064
309,826,325
221,695,167
297,554,006
City of Shallowater
City of Idalou
City of New Deal
City of Wolfforth
City of Slaton
City of Lubbock
103,704,863
79,308,757
20,005,971
192,454,939
148,962,513
105,398,621
12,288,360,698
103,477,035
81,872,593
19,748,978
202,318,278
150,484,597
110,338,920
12,629,609,265
105,944,971
82,274,940
19,991,189
213,465,623
156,644,600
111,818,387
13,100,207,098
117,590,984
82,999,975
21,718,358
218,564,878
161,870,195
111,263,441
13,535,673,257
125,793,386
94,151,096
23,213,376
238,677,279
161,818,097
111,431,271
14,101,575,930
Lubbock County
Hospital District
Water District
14,872,370,434
14,872,370,434
14,872,370,434
15,306,314,027
15,306,314,027
15,306,314,027
15,982,655,182
15,982,655,182
15,982,655,182
16,532,997,255
16,532,997,255
16,532,997,255
17,200,886,809
17,200,886,809
17,200,886,809
16,820,029
79,674,178
16,596,093
708,702
18,582,003
77,942,077
14,937,733
700,917
21,296,243
85,007,212
15,185,674
755,768
22,328,166
80,408,138
14,942,592
739,893
23,375,759
87,110,735
15,802,861
684,649
* City of Abernathy
* Abernathy ISD
* Lorenzo ISD
* Southland ISD
As of Certification
Page 3
Average Market Value - Single Family Residence
2010
2011
2012
2013
2014
*Frenship ISD
*Slaton ISD
Lubbock Cooper ISD
Lubbock ISD
Idalou ISD
Shallowater ISD
New Deal ISD
Roosevelt ISD
126,245
63,344
161,809
101,138
84,155
78,959
52,003
66,231
129,462
64,104
168,229
102,244
84,975
81,574
52,400
69,248
131,443
65,805
171,599
102,381
86,329
82,316
53,878
70,187
133,204
65,712
174,369
102,517
87,903
94,990
53,919
71,580
140,963
66,351
191,367
104,082
103,570
103,494
60,595
76,377
City of Shallowater
City of Idalou
City of New Deal
City of Wolfforth
City of Slaton
City of Lubbock
105,987
85,704
43,035
109,985
45,837
210,853
111,684
107,473
86,216
42,779
114,014
45,823
220,065
113,931
108,882
86,625
43,947
115,639
46,997
222,030
114,986
124,996
86,559
43,717
118,143
46,841
221,878
116,040
128,758
100,503
47,656
126,084
46,890
221,838
119,660
Lubbock County
Hospital District
Water District
106,923
106,923
106,923
109,321
109,321
109,321
110,420
110,420
110,420
111,804
111,804
111,804
116,824
116,824
116,824
57,340
55,311
63,610
23,775
59,242
57,331
62,958
22,664
60,914
57,815
64,861
33,774
61,704
59,826
67,776
33,774
62,337
62,667
67,213
33,774
* City of Abernathy
* Abernathy ISD
* Lorenzo ISD
* Southland ISD
Category A divided by number of category A parcels (see page 7 for category descriptions)
As of Certification
Page 4
Average Taxable Value - Single Family Residence
2010
115,762
52,938
150,807
90,810
71,514
68,160
42,570
56,793
2011
118,576
54,056
157,017
92,207
72,908
71,067
43,315
60,135
2012
121,081
55,774
161,063
92,685
74,784
72,240
45,143
61,280
2013
123,291
56,142
164,122
93,002
76,733
80,476
45,430
62,549
2014
130,925
56,767
180,728
94,756
89,246
91,529
50,698
67,028
City of Shallowater
City of Idalou
City of New Deal
City of Wolfforth
City of Slaton
City of Lubbock
105,465
84,670
40,014
109,931
45,634
210,595
111,247
107,320
85,693
39,792
113,779
45,704
219,701
113,658
108,737
86,195
40,905
115,562
46,597
221,718
114,840
119,489
86,340
40,819
118,143
46,666
221,688
115,923
127,805
96,865
44,507
125,692
46,764
221,824
119,541
Lubbock County
Hospital District
Water District
106,435
106,435
106,435
108,953
108,953
108,953
110,200
110,200
110,200
111,547
111,547
111,547
116,610
116,610
116,610
56,300
44,560
50,899
8,775
58,450
46,807
51,116
7,664
60,119
47,436
51,328
18,774
61,152
50,155
52,356
3,774
62,263
53,129
53,879
3,774
*Frenship ISD
*Slaton ISD
Lubbock Cooper ISD
Lubbock ISD
Idalou ISD
Shallowater ISD
New Deal ISD
Roosevelt ISD
*City of Abernathy
*Abernathy ISD
*Lorenzo ISD
*Southland ISD
* Lubbock County portion only
Category A less homestead exemptions and homestead cap adjustment divided by category A parcels
(see page 7 for category descriptions)
As of Certification
Page 5
Protest and Notice Summary
No Change
Change Value
Pending
Total
% Inquiries to Notices Mailed
Protests Filed
Pending Protests
Cancelled/No Show
Settled
ARB Decision
Pending Arbitration
Total
Online Inquiries/Protests*
Pending Protests
Cancelled/No Show
Settled
ARB Decision
Pending Arbitration
Total
Total Formal Protests
% Formal Protests to Notices Mailed
Notices Mailed
2010
467
1,174
0
1,641
2.23%
2011
316
1,007
8
1,331
1.78%
2012
349
1,099
2013
244
915
77
1,236
1.97%
2014
348
987
5
1,340
1.80%
174
1,729
4,757
1,421
454
1,513
4,560
1,168
375
1,284
4,681
828
507
1,622
4,178
482
7,168
249
1,269
4,686
763
1
6,968
8,081
7,695
1
73
184
76
0
40
135
31
0
29
51
108
2
33
56
134
1,448
2.54%
8,081
10.97%
334
8,029
10.72%
206
7,374
12.93%
188
7,156
11.43%
73,692
74,928
57,041
62,592
6,789
225
7,014
9.40%
74,644
* 2011 First year for online protests
As of Certification
Page 6
Code
Category Name
A
F1
Real Property: Single-family
Residential
Real Property: Multi-family
Residential
Real Property: Vacant Lots and
Tracts
Real Property: Colonia Lots and Land
Tracts
Real Property: Qualified Open-space
Land
Real Property: Farm and Ranch
Improvements on Qualified Openspace Land
Real Property: Rural Land, not
Qualified for Open-space Appraisal,
and Residential Improvements
Real Property: Commercial
F2
Real Property: Industrial
G
Oil, Gas and Other Minerals
H1
Tangible Personal Property:
Personal Vehicles, Not Used for
Business Purposes
Tangible Personal Property: Goods in Transit
Personal property stored under a contract of bailment by a public warehouse
operator and identified according to the provisions of Tax Code Section 11.253
B
C1
C2
D1
D2
E
H2
J
L1
L2
M
N
O
S
X
Description
Houses, condominiums and mobile homes located on land owned by the
occupant.
Residential structures containing two or more dwelling units belonging to one
owner. Includes apartments but not motels or hotels.
Unimproved land parcels usually located within or adjacent to cities with no
minimum or maximum size requirement.
Properties that may not be sold pursuant to Chapter 232 of the Texas Local
Government Code.
All acreage qualified for productivity valuation under Texas Constitution, Article
VIII, 1-d or 1-d-1, and Tax Code Chapter 23, Subchapters C,D,E, and H.
Improvements, other than residences, associated with land reported as Category
D1 property.
Rural land not qualified for productivity valuation and the improvements,
including residential, on that land.
Land and improvements devoted to sales, entertainment or services to the
public. Does not include utility property, which is included in Category J.
Land and improvements devoted to the development, manufacturing,
fabrication, processing or storage of a product, except for utility property
included in Category J.
Producing and non-producing wells, all other minerals and mineral interests and
equipment used to bring the oil and gas to the surface, not including surface
rights.
Automobiles, motorcycles and light trucks not used for the production of income
and subject to taxation under Tax Code Section 11.14.
Real and Personal Property: Utilities All real and tangible personal property of railroads, pipelines, electric
companies, gas companies, telephone companies, water systems, cable TV
companies and other utility companies.
Personal Property: Commercial
All tangible personal property used by a commercial business to produce
income, including fixtures, equipment and inventory.
Personal Property: Industrial
All tangible personal property used by an industrial business to produce income,
including fixtures, equipment and inventory.
Mobile Homes and Other Tangible Personal
Taxable
Property
personal property not included in other categories, such as mobile
homes on land owned by someone else. It also may include privately owned
aircraft, boats, travel trailers, motor homes and mobile homes on rented or
leased land.
Intangible Personal Property
All taxable intangible property not otherwise classified.
Real Property: Residential Inventory Residential real property inventory held for sale and appraised as provided by
Tax Code Section 23.12.
Special Inventory
Certain property inventories of businesses that provide items for sale to the
public. State law requires the appraisal district to appraise these inventory items
based on business's total annual sales in the prior tax year. Category S properties
include dealers' motor vehicle inventory, dealers' heavy equipment inventory,
dealers' vessel and outboard motor inventory and retail manufactured housing
inventory.
Exempt Property
Exempt properties must have the qualifications found in law.
Property Tax Assistance Division Property Classification Guide - updated 2013
Page 7
2014 Market Value by State Code Classification
A
B
C
D1
D2
E
F1
F2
G
H
J
L1
L2
M
N
O
S
Real Property: Single-family Residential
Real Property: Multi-family Residential
Real Property: Vacant Lots and Tracts
Real Property: Qualified Agricultural Land
Real Property: Non-Qualified Land
Real Property: Farm and Ranch Improvements
Tangible Personal Property: Nonbusiness Vehicles
Real and Personal Property: Utilities
Mobile Homes and Other Tangible Personal Property
Real Property: Residential Inventory
Special Inventory
Lubbock County Total Market Value
2014 Taxable Value by State Code Classification
A
B
C
D1
D2
E
F1
F2
G
H
J
L1
L2
M
N
O
S
Number of
Items
82,054
3,363
11,259
4,497
144
3,054
6,425
176
5,561
0
589
12,795
713
3,024
0
2,015
224
Total Market
Value of Taxable
Property
9,644,790,560
1,266,529,310
254,403,554
346,513,915
1,494,247
219,781,020
3,219,085,036
192,147,331
376,163,200
0
408,524,588
1,528,291,635
459,358,382
33,339,063
0
47,082,009
108,528,416
135,893
18,106,032,266
Number of
Items
Total Taxable
Value of Taxable
Property
Percent of
Total
Market
Value
53.27%
7.00%
1.41%
1.91%
0.01%
1.21%
17.78%
1.06%
2.08%
0.00%
2.26%
8.44%
2.54%
0.18%
0.00%
0.26%
0.60%
Percent of
Total
Taxable
Value
51.25%
6.96%
1.40%
0.64%
0.01%
1.17%
17.68%
0.98%
2.08%
0.00%
2.23%
8.06%
2.17%
0.16%
0.00%
0.26%
0.60%
0.00%
Real Property: Single-family Residential
82,054
9,278,928,665
Real Property: Multi-family Residential
3,363
1,260,583,680
Real Property: Vacant Lots and Tracts
11,259
254,111,560
Real Property: Qualified Agricultural Land
4,497
116,240,789
Real Property: Non-Qualified Land
144
1,493,281
Real Property: Farm and Ranch Improvements
3,054
211,822,405
6,425
3,200,881,661
176
177,080,931
5,561
376,163,200
Tangible Personal Property: Nonbusiness Vehicles
0
0
Real and Personal Property: Utilities
589
404,251,018
12,795
1,459,402,805
713
393,153,314
Mobile Homes and Other Tangible Personal Property
3,024
29,840,684
0
0
Real Property: Residential Inventory
2,015
47,056,400
Special Inventory
224
108,528,416
Adjust for property under ARB review
Lubbock County Total Taxable Value
135,893
17,319,538,809
As of Certification - 2014 reclassification of Categories A, D2, E, and M
County net taxable values reflect exemptions and other reductions from market value applicable specifically to
the County only. Net taxable values are specific to each taxing unit. (see pages 9-11)
Page 8
Homestead Exemptions
Homestead Local
Homestead State
Over 65 Local
Over 65 Local
Over 65 Local
Over 65 State
Over 65 Tax Ceiling
Disabled Persons Local
Disabled Persons State
Disabled Persons Tax Ceiling
Disabled Veterans-100%
Amount
5,000
15,000
5,000
16,700
16,500
10,000
Taxing Units
New Deal City
All School Districts
Lubbock ISD
City of Lubbock
Lubbock County, HPWD, LCHD
All School Districts, City of Lubbock, City
of Wolfforth, City of Abernathy, Lubbock
County
10,000
City of Lubbock
10,000
All School Districts, City of Lubbock, City
of Wolfforth, City of Abernathy, Lubbock
County
Total Residence All Taxing Units
Other Exemptions
Disabled Veterans
House Bill 366
varies
varies
Pollution Control
Abatements
varies
varies
Freeport
varies
Energy
Lease Vehicles Ex
Mixed Use Vehicle
Aircraft
Charitable Low Income Housing
Prorated Exempt Property
Goods In Transit
varies
varies
varies
varies
varies
varies
varies
All Taxing Units
All Taxing Units - Business Personal &
Mineral Value less than $500 per taxing
unit
All Taxing Units
Determined by each taxing unit on a case
by case basis
City of Lubbock, Lubbock County,
HPWD, LCHD, New Deal ISD
All Taxing Units
All Taxing Units
All Taxing Units
All Taxing Units
All Taxing Units
All Taxing Units
Idalou ISD, Lubbock Cooper ISD, New
Deal ISD, Roosevelt ISD, Shallowater ISD,
City of Idalou, City of Lubbock, City of
New Deal, Town of Ransom Canyon, City
of Shallowater, City of Slaton, City of
Wolfforth, Lubbock County, LCHD
Page 9
School Districts - 2014
Exemptions
Homestead Local
Homestead State
Over 65 Local
Over 65 State
Disabled Veterans
House Bill 366
Pollution Control
Abatements
Freeport
Energy
Lease Vehicles Ex
Mixed Use Vehicle
Aircraft
Total Exemptions
*Frenship
*Slaton Lubbock Cooper
0
0
0
130,534,364 26,037,755
92,680,005
0
0
0
19,273,468 6,458,008
14,080,764
0
0
0
1,785,883
704,449
1,133,345
2,635,934
427,076
1,389,093
9,184,586 1,398,244
7,471,438
29,124
6,467
22,996
0 4,273,570
0
0
0
0
0
0
0
Lubbock
7,700,090
265,309
278,884
5,950
0
0
992,932
0
1,056,279
5,880
173,471,544 39,582,708
12,357,422
79,358
0
0
7,830
129,222,251
0
476,411,509
56,487,924
119,055,323
0
12,839,840
9,884,888
26,406,932
204,995
1,912,640
0
0
15,066,400
33,100,031
675,886
0
2,793,154
137,262
754,976,784
Other Deductions from Market Value
Loss due to Ag Value
56,876,298 11,201,115
Loss due to Homestead Cap
2,339,892
348,035
52,692,849
2,130,521
28,655,606
5,300,749
Exemptions
Homestead Local
Homestead State
Over 65 Local
Over 65 State
Disabled Veterans
House Bill 366
Pollution Control
Abatements
Freeport
Energy
Lease Vehicles Ex
Mixed Use Vehicle
Aircraft
Total Exemptions
New Deal
Roosevelt
0
0
10,640,221 15,409,928
0
0
1,925,718 3,500,325
0
0
225,013
454,923
261,754
353,715
459,416 1,192,604
58,583
41,377
126,392
0
0
0
20,228,370
0
*Abernathy
*Lorenzo
Idalou
0
12,312,874
0
2,960,423
0
301,753
205,060
552,621
43,892
0
0
0
Shallowater
0
17,924,685
0
2,993,059
0
328,675
265,953
545,719
29,713
0
0
0
112,928
2,125
0
0
455
16,492,131
529,525
0
0
0
912
22,618,241
18,443,726
3,801,682
14,840,771
2,822,675
0
2,866,246
0
802,534
0
64,734
74,548
78,554
3,278
0
0
0
0
240,000
0
80,000
0
0
0
0
127
0
0
0
*Southland
0
30,000
0
10,000
0
0
0
0
0
0
0
0
340,134
459,788
28,500
0
0
0
0
0
0
508
34,294,101 21,413,168
0
0
0
0
0
3,889,894
0
0
0
0
0
320,127
0
0
0
0
0
40,000
20,119,655 15,848,819
87,290
736,157
6,685,451
109,647
4,655,730
0
159,733
0
As of Certification
Page 10
Cities and Lubbock County - 2014
Exemptions
Homestead Local
Homestead State
Over 65 Local
Over 65 State
Disabled Veterans
House Bill 366
Pollution Control
Abatements
Freeport
Energy
Lease Vehicles Ex
Mixed Use Vehicle
Aircraft
Total Exemptions
Shallowater
Exemptions
Homestead Local
Homestead State
Over 65 Local
Over 65 State
Disabled Veterans
House Bill 366
Pollution Control
Abatements
Freeport
Energy
Lease Vehicles Ex
Mixed Use Vehicle
Aircraft
Total Exemptions
0
0
0
0
0
0
155,000
468,075
4,167
0
0
0
0
296,903
0
0
0
0
924,145
0
0
0
0
0
0
167,000
208,623
2,257
0
0
0
0
112,928
0
0
0
0
490,808
New Deal
741,548
0
0
0
0
0
84,121
42,636
1,491
126,392
0
0
0
34,639
0
0
0
0
1,030,827
189,880
779,893
159,960
2,823,727
402,487
14,092
Ransom Canyon
0
0
0
0
0
0
160,086
1,832,175
2,279
0
0
0
0
379,359
0
0
0
0
2,373,899
0
7,087
Idalou
Lubbock
0
0
236,023,314
0
15,125,410
0
13,100,112
49,048,115
214,173
1,912,640
38,776,856
90,811,280
15,066,400
49,448,053
997,703
0
3,786,086
284,697
514,594,839
*Abernathy
0
0
0
0
0
0
22,000
0
273
0
0
0
0
0
0
0
0
0
22,273
79,555,844
7,925,985
0
18,679
Wolfforth
Slaton
0
0
0
0
0
0
293,500
808,307
3,354
0
0
0
0
816,082
0
0
0
909,352
2,830,595
0
0
0
0
0
0
343,675
552,042
4,749
0
1,385,389
0
0
232,147
5,950
0
0
5,880
2,529,832
329,318
562,768
500,971
269,401
Lubbock County
HPWD, LCHD
0
0
286,983,339
0
0
0
16,265,164
58,706,128
292,317
6,312,602
38,396,240
110,828,915
15,066,400
54,992,209
1,083,056
0
3,786,086
1,209,126
593,921,582
230,179,753
17,676,648
As of Certification
Page 11

2014 Annual Report - Lubbock Central Appraisal District

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2013 Annual Report - Lubbock Central Appraisal District