taxes Property Tax Assistance

2018 ISD Summary Worksheet

061-Denton

061-914/Little Elm ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	4,399,876,859	N/A	4,399,876,859	4,399,876,859
B. MULTIFAMILY RESIDENCES	60,352,714	N/A	60,352,714	60,352,714
C1. VACANT LOTS	131,018,557	N/A	131,018,557	131,018,557
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	153,935	N/A	153,935	153,935
D2. REAL PROP:FARM & RANCH	1,565,639	N/A	1,565,639	1,565,639
E. REAL PROP NONQUAL ACREAGE	47,584,635	N/A	47,584,635	47,584,635
F1. COMMERCIAL REAL	225,484,486	N/A	225,484,486	225,484,486
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	37,870,118	N/A	37,870,118	37,870,118
L1. COMMERCIAL PERSONAL	50,763,884	N/A	50,763,884	50,763,884
L2. INDUSTRIAL PERSONAL	10,867,786	N/A	10,867,786	10,867,786
M. MOBILE HOMES	10,163,019	N/A	10,163,019	10,163,019
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	120,976,248	N/A	120,976,248	120,976,248
S. SPECIAL INVENTORY	589,614	N/A	589,614	589,614
Subtotal	5,097,267,494	0	5,097,267,494	5,097,267,494
Less Total Deductions	601,715,586	0	601,715,586	601,715,586
Total Taxable Value	4,495,551,908	0	4,495,551,908	4,495,551,908

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 T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1	T2	T3	T4
4,596,711,407	4,495,551,908	4,596,711,407	4,495,551,908

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
101,159,499	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

Value Taxable For I & S Purposes

T7	T8	T9	T10
4,596,711,407	4,495,551,908	4,596,711,407	4,495,551,908

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

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

061-914-02/Little Elm ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	4,399,876,859	N/A	4,399,876,859	4,399,876,859
B. MULTIFAMILY RESIDENCES	60,352,714	N/A	60,352,714	60,352,714
C1. VACANT LOTS	131,018,557	N/A	131,018,557	131,018,557
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	153,935	N/A	153,935	153,935
D2. REAL PROP:FARM & RANCH	1,565,639	N/A	1,565,639	1,565,639
E. REAL PROP NONQUAL ACREAGE	47,584,635	N/A	47,584,635	47,584,635
F1. COMMERCIAL REAL	225,484,486	N/A	225,484,486	225,484,486
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	37,870,118	N/A	37,870,118	37,870,118
L1. COMMERCIAL PERSONAL	50,763,884	N/A	50,763,884	50,763,884
L2. INDUSTRIAL PERSONAL	10,867,786	N/A	10,867,786	10,867,786
M. MOBILE HOMES	10,163,019	N/A	10,163,019	10,163,019
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	120,976,248	N/A	120,976,248	120,976,248
S. SPECIAL INVENTORY	589,614	N/A	589,614	589,614
Subtotal	5,097,267,494		5,097,267,494	5,097,267,494
Less Total Deductions	601,715,586		601,715,586	601,715,586
Total Taxable Value	4,495,551,908		4,495,551,908	4,495,551,908

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 T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1	T2	T3	T4
4,596,711,407	4,495,551,908	4,596,711,407	4,495,551,908

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
101,159,499	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

Value Taxable For I & S Purposes

T7	T8	T9	T10
4,596,711,407	4,495,551,908	4,596,711,407	4,495,551,908

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