Property Taxes

Property Tax Rate

The Property Tax Rate is comprised of the Maintenance and Operations (M&O) Tax Rate and a Debt Service Rate. The M&O Rate includes line-items such as salaries, utilities and day-to day operations in the General Fund. The proposed M&O Rate is .544270 per $100 valuation. The Debt Service Rate covers the interest and principal on bonds and other debt secured by property tax revenues, also called the “interest and sinking” or I &S Rate. The proposed Debt Service Rate is .109532 per $100 valuation, which will be applied to payments on the 2012 General Obligation Bonds, the Avenue L Street Repair Loan, the 2019A Certificate of Obligation, and the 2019B Certificate of Obligation.

2020 M&O Rate         0.544270
2020 Debt Service Rate   +     0.109532

2020 Proposed Tax Rate $    0.653802

 


2020 Taxable Value                                  182,467,142
2020 M&O Tax Rate                                    x .544270
(Per $100 Valuation)

2020 Estimated M&O Levy $     993,113.91

 


2020 Taxable Value                    182,467,142
2020 Debt Service Rate                  x     0.109532

2020 Estimated Debt Service Levy $       199,859.91

 


2020 M&O Tax Levy $     993,114
2020 Debt Service Levy +     199,860

2020 Total Tax Levy      1,192,974

2020 Property Tax Rates by Entity

City of Shallowater .653802
Lubbock County .339978
Lubbock County Hospital District  .103164
High Plains Underground Water District     .0055
Shallowater Independent School District    1.4269
Total 2.529344

*Rates based on no exemptions

 

Calculated Rates
2019 Effective Tax Rate .653472 /$100 Valuation 2020 No New Revenue Rate .653802 /$100 Valuation
2019 M&O Tax Rate .539965 /$100 Valuation 2020 M&O Tax Rate .544270 /$100 Valuation
2019 I&S Tax Rate .113507 /$100 Valuation 2020 I&S Tax Rate .109532 /$100 Valuation
2019 Rollback Rate .718179 /$100 Valuation 2020 Voter Approval Rate .668733 /$100 Valuation
2019 Proposed Tax Rate .653472 /$100 Valuation 2020 De Minimis Rate .923844 /$100 Valuation

The City of Shallowater hereby provides for participation in the Lubbock County Central Appraisal District. The said appraisal district shall be authorized to perform all appraisal and collection functions required under the State Property Tax Code.  Property tax administration shall be in accordance with the State Property Tax Code subject to the local options permitted.

Lubbock Central Appraisal District appraises and collects property taxes for the City of Shallowater. The contact information for LCAD is listed below:

Lubbock Central Appraisal District

2109 Avenue Q

Lubbock, Texas 79411

(806) 762-5000

(806) 762-2451

[email protected]

http://lubbockcad.org/


Click here for the Truth in Taxation for City of Shallowater :

2019

 

City of Shallowater Property Tax Rates since 2013:

Year City Rate per $100 valuation
2019 .653472
2018 .681022
2017 .716079
2016 .679250
2015 .679250
2014 .620840
2013 .638910

If you have additional questions regarding your property taxes please do not hesitate to contact Amanda Cummings at City Hall at (806) 832-4521.

 

Calculated Rates
2019 Effective Tax Rate .653472 /$100 Valuation 2020 No New Revenue Rate .653802 /$100 Valuation
2019 M&O Tax Rate .539965 /$100 Valuation 2020 M&O Tax Rate .544270 /$100 Valuation
2019 I&S Tax Rate .113507 /$100 Valuation 2020 I&S Tax Rate .109532 /$100 Valuation
2019 Rollback Rate .718179 /$100 Valuation 2020 Voter Approval Rate .668733 /$100 Valuation
2019 Proposed Tax Rate .653472 /$100 Valuation 2020 De Minimis Rate .923844 /$100 Valuation

The City of Shallowater hereby provides for participation in the Lubbock County Central Appraisal District. The said appraisal district shall be authorized to perform all appraisal and collection functions required under the State Property Tax Code.  Property tax administration shall be in accordance with the State Property Tax Code subject to the local options permitted.

Lubbock Central Appraisal District appraises and collects property taxes for the City of Shallowater. The contact information for LCAD is listed below:

Lubbock Central Appraisal District

2109 Avenue Q

Lubbock, Texas 79411

(806) 762-5000

(806) 762-2451

[email protected]

http://lubbockcad.org/


Click here for the Truth in Taxation for City of Shallowater :

2019

 

City of Shallowater Property Tax Rates since 2013:

Year City Rate per $100 valuation
2019 .653472
2018 .681022
2017 .716079
2016 .679250
2015 .679250
2014 .620840
2013 .638910

If you have additional questions regarding your property taxes please do not hesitate to contact Amanda Cummings at City Hall at (806) 832-4521.