taxes Property Tax Assistance

2018 ISD Summary Worksheet

220-Tarrant

220-910/Lake Worth ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 425,527,783 N/A 425,527,783 425,527,783
B. MULTIFAMILY RESIDENCES 143,811,380 N/A 143,811,380 143,811,380
C1. VACANT LOTS 51,336,441 N/A 51,336,441 51,336,441
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 58,502 N/A 58,502 58,502
D2. REAL PROP:FARM & RANCH 14,400 N/A 14,400 14,400
E. REAL PROP NONQUAL ACREAGE 0 N/A 0 0
F1. COMMERCIAL REAL 374,710,112 N/A 374,710,112 374,710,112
F2. INDUSTRIAL REAL 2,798,804 N/A 2,798,804 2,798,804
G. OIL,GAS,MINERALS 13,969,040 N/A 13,969,040 13,969,040
J. UTILITIES 20,004,830 N/A 20,004,830 20,004,830
L1. COMMERCIAL PERSONAL 92,376,231 N/A 92,376,231 92,376,231
L2. INDUSTRIAL PERSONAL 22,561,259 N/A 22,561,259 22,561,259
M. MOBILE HOMES 153,107 N/A 153,107 153,107
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 1,234,104 N/A 1,234,104 1,234,104
Subtotal 1,148,555,993 0 1,148,555,993 1,148,555,993
Less Total Deductions 136,464,997 0 136,464,983 136,464,997
Total Taxable Value 1,012,090,996 0 1,012,091,010 1,012,090,996

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
1,032,236,007 1,012,090,996 1,032,236,007 1,012,090,996


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,145,011 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
1,032,236,007 1,012,090,996 1,032,236,007 1,012,090,996

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

220-910-02/Lake Worth ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 425,527,783 N/A 425,527,783 425,527,783
B. MULTIFAMILY RESIDENCES 143,811,380 N/A 143,811,380 143,811,380
C1. VACANT LOTS 51,336,441 N/A 51,336,441 51,336,441
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 58,502 N/A 58,502 58,502
D2. REAL PROP:FARM & RANCH 14,400 N/A 14,400 14,400
E. REAL PROP NONQUAL ACREAGE 0 N/A 0 0
F1. COMMERCIAL REAL 374,710,112 N/A 374,710,112 374,710,112
F2. INDUSTRIAL REAL 2,798,804 N/A 2,798,804 2,798,804
G. OIL,GAS,MINERALS 13,969,040 N/A 13,969,040 13,969,040
J. UTILITIES 20,004,830 N/A 20,004,830 20,004,830
L1. COMMERCIAL PERSONAL 92,376,231 N/A 92,376,231 92,376,231
L2. INDUSTRIAL PERSONAL 22,561,259 N/A 22,561,259 22,561,259
M. MOBILE HOMES 153,107 N/A 153,107 153,107
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 1,234,104 N/A 1,234,104 1,234,104
Subtotal 1,148,555,993 1,148,555,993 1,148,555,993
Less Total Deductions 136,464,997 136,464,983 136,464,997
Total Taxable Value 1,012,090,996 1,012,091,010 1,012,090,996

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
1,032,236,007 1,012,090,996 1,032,236,007 1,012,090,996


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
20,145,011 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
1,032,236,007 1,012,090,996 1,032,236,007 1,012,090,996

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