taxes Property Tax Assistance

2019 ISD Summary Worksheet

220-Tarrant

220-910/Lake Worth ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	503,465,239	0.9860	510,613,833	503,465,239
B. MULTIFAMILY RESIDENCES	164,104,895	0.9539	172,035,743	164,104,895
C1. VACANT LOTS	52,025,980	N/A	52,025,980	52,025,980
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	58,171	3.1563	18,430	58,171
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	391,498,971	0.9281	421,828,436	391,498,971
F2. INDUSTRIAL REAL	7,810,971	N/A	7,810,971	7,810,971
G. OIL,GAS,MINERALS	10,349,230	N/A	10,349,230	10,349,230
J. UTILITIES	20,086,553	N/A	20,086,553	20,086,553
L1. COMMERCIAL PERSONAL	93,808,525	1.0044	93,397,576	93,808,525
L2. INDUSTRIAL PERSONAL	27,475,290	N/A	27,475,290	27,475,290
M. MOBILE HOMES	214,985	N/A	214,985	214,985
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	259,000	N/A	259,000	259,000
S. SPECIAL INVENTORY	1,379,391	N/A	1,379,391	1,379,391
Subtotal	1,272,551,601	0	1,317,509,818	1,272,551,601
Less Total Deductions	170,432,903	0	172,449,105	170,432,903
Total Taxable Value	1,102,118,698	0	1,145,060,713	1,102,118,698

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
1,122,562,511	1,102,118,698	1,122,562,511	1,102,118,698

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
20,443,813	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
1,122,562,511	1,102,118,698	1,122,562,511	1,102,118,698

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	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	503,465,239	0.9860	510,613,833	503,465,239
B. MULTIFAMILY RESIDENCES	164,104,895	0.9539	172,035,743	164,104,895
C1. VACANT LOTS	52,025,980	N/A	52,025,980	52,025,980
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	58,171	3.1563	18,430	58,171
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	391,498,971	0.9281	421,828,436	391,498,971
F2. INDUSTRIAL REAL	7,810,971	N/A	7,810,971	7,810,971
G. OIL,GAS,MINERALS	10,349,230	N/A	10,349,230	10,349,230
J. UTILITIES	20,086,553	N/A	20,086,553	20,086,553
L1. COMMERCIAL PERSONAL	93,808,525	1.0044	93,397,576	93,808,525
L2. INDUSTRIAL PERSONAL	27,475,290	N/A	27,475,290	27,475,290
M. MOBILE HOMES	214,985	N/A	214,985	214,985
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	259,000	N/A	259,000	259,000
S. SPECIAL INVENTORY	1,379,391	N/A	1,379,391	1,379,391
Subtotal	1,272,551,601		1,317,509,818	1,272,551,601
Less Total Deductions	170,432,903		172,449,105	170,432,903
Total Taxable Value	1,102,118,698		1,145,060,713	1,102,118,698

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
1,122,562,511	1,102,118,698	1,122,562,511	1,102,118,698

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
20,443,813	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
1,122,562,511	1,102,118,698	1,122,562,511	1,102,118,698

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