taxes Property Tax Assistance

2018 ISD Summary Worksheet

227-Travis

227-912/Lago Vista ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,733,302,585	0.9663	1,793,752,028	1,733,302,585
B. MULTIFAMILY RESIDENCES	26,056,620	N/A	26,056,620	26,056,620
C1. VACANT LOTS	184,016,106	0.8629	213,253,107	184,016,106
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	273,760	2.3244	117,775	273,760
D2. REAL PROP:FARM & RANCH	358,837	N/A	358,837	358,837
E. REAL PROP NONQUAL ACREAGE	53,531,859	N/A	53,531,859	53,531,859
F1. COMMERCIAL REAL	80,476,058	N/A	80,476,058	80,476,058
F2. INDUSTRIAL REAL	278,483	N/A	278,483	278,483
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	8,893,083	N/A	8,893,083	8,893,083
L1. COMMERCIAL PERSONAL	12,494,642	N/A	12,494,642	12,494,642
L2. INDUSTRIAL PERSONAL	2,498,759	N/A	2,498,759	2,498,759
M. MOBILE HOMES	670,046	N/A	670,046	670,046
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	11,548,261	N/A	11,548,261	11,548,261
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	2,114,399,099	0	2,203,929,558	2,114,399,099
Less Total Deductions	363,588,020	0	381,848,445	363,588,020
Total Taxable Value	1,750,811,079	0	1,822,081,113	1,750,811,079

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
1,782,070,747	1,750,811,079	1,671,323,863	1,640,064,195

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
31,259,668	110,746,884

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
1,782,070,747	1,750,811,079	1,671,323,863	1,640,064,195

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

227-912-02/Lago Vista ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,733,302,585	0.9663	1,793,752,028	1,733,302,585
B. MULTIFAMILY RESIDENCES	26,056,620	N/A	26,056,620	26,056,620
C1. VACANT LOTS	184,016,106	0.8629	213,253,107	184,016,106
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	273,760	2.3244	117,775	273,760
D2. REAL PROP:FARM & RANCH	358,837	N/A	358,837	358,837
E. REAL PROP NONQUAL ACREAGE	53,531,859	N/A	53,531,859	53,531,859
F1. COMMERCIAL REAL	80,476,058	N/A	80,476,058	80,476,058
F2. INDUSTRIAL REAL	278,483	N/A	278,483	278,483
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	8,893,083	N/A	8,893,083	8,893,083
L1. COMMERCIAL PERSONAL	12,494,642	N/A	12,494,642	12,494,642
L2. INDUSTRIAL PERSONAL	2,498,759	N/A	2,498,759	2,498,759
M. MOBILE HOMES	670,046	N/A	670,046	670,046
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	11,548,261	N/A	11,548,261	11,548,261
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	2,114,399,099		2,203,929,558	2,114,399,099
Less Total Deductions	363,588,020		381,848,445	363,588,020
Total Taxable Value	1,750,811,079		1,822,081,113	1,750,811,079

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
1,782,070,747	1,750,811,079	1,671,323,863	1,640,064,195

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
31,259,668	110,746,884

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
1,782,070,747	1,750,811,079	1,671,323,863	1,640,064,195

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