taxes Property Tax Assistance

2019 ISD Summary Worksheet

061-Denton

061-902/Lewisville ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 27,782,794,611 0.9950 27,922,406,644 27,782,794,611
B. MULTIFAMILY RESIDENCES 4,676,091,377 0.8386 5,576,068,897 4,676,091,377
C1. VACANT LOTS 567,261,633 0.8528 665,175,461 567,261,633
D1. QUALIFIED AG LAND 867,465 0.9704 893,941 867,465
D2. REAL PROP:FARM & RANCH 6,508,397 N/A 6,508,397 6,508,397
E. REAL PROP NONQUAL ACREAGE 192,035,449 N/A 192,035,449 192,035,449
F1. COMMERCIAL REAL 8,035,142,625 1.0334 7,775,442,834 8,035,142,625
F2. INDUSTRIAL REAL 41,002,042 N/A 41,002,042 41,002,042
G. OIL,GAS,MINERALS 13,083,536 N/A 13,083,536 13,083,536
J. UTILITIES 458,762,116 0.9122 502,918,347 458,762,116
L1. COMMERCIAL PERSONAL 3,010,878,920 1.0187 2,955,609,031 3,010,878,920
L2. INDUSTRIAL PERSONAL 947,607,755 N/A 947,607,755 947,607,755
M. MOBILE HOMES 19,282,620 N/A 19,282,620 19,282,620
O. RESIDENTIAL INVENTORY 213,036,985 N/A 213,036,985 213,036,985
S. SPECIAL INVENTORY 86,947,323 N/A 86,947,323 86,947,323
Subtotal 46,051,302,854 0 46,918,019,262 46,051,302,854
Less Total Deductions 4,290,762,365 0 4,316,025,845 4,290,762,365
Total Taxable Value 41,760,540,489 0 42,601,993,417 41,760,540,489

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
42,357,941,818 41,760,540,489 42,357,941,818 41,760,540,489


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
597,401,329 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
42,357,941,818 41,760,540,489 42,357,941,818 41,760,540,489

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

061-902-02/Lewisville ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 27,782,794,611 0.9950 27,922,406,644 27,782,794,611
B. MULTIFAMILY RESIDENCES 4,676,091,377 0.8386 5,576,068,897 4,676,091,377
C1. VACANT LOTS 567,261,633 0.8528 665,175,461 567,261,633
D1. QUALIFIED AG LAND 867,465 0.9704 893,941 867,465
D2. REAL PROP:FARM & RANCH 6,508,397 N/A 6,508,397 6,508,397
E. REAL PROP NONQUAL ACREAGE 192,035,449 N/A 192,035,449 192,035,449
F1. COMMERCIAL REAL 8,035,142,625 1.0334 7,775,442,834 8,035,142,625
F2. INDUSTRIAL REAL 41,002,042 N/A 41,002,042 41,002,042
G. OIL,GAS,MINERALS 13,083,536 N/A 13,083,536 13,083,536
J. UTILITIES 458,762,116 0.9122 502,918,347 458,762,116
L1. COMMERCIAL PERSONAL 3,010,878,920 1.0187 2,955,609,031 3,010,878,920
L2. INDUSTRIAL PERSONAL 947,607,755 N/A 947,607,755 947,607,755
M. MOBILE HOMES 19,282,620 N/A 19,282,620 19,282,620
O. RESIDENTIAL INVENTORY 213,036,985 N/A 213,036,985 213,036,985
S. SPECIAL INVENTORY 86,947,323 N/A 86,947,323 86,947,323
Subtotal 46,051,302,854 46,918,019,262 46,051,302,854
Less Total Deductions 4,290,762,365 4,316,025,845 4,290,762,365
Total Taxable Value 41,760,540,489 42,601,993,417 41,760,540,489

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
42,357,941,818 41,760,540,489 42,357,941,818 41,760,540,489


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
597,401,329 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
42,357,941,818 41,760,540,489 42,357,941,818 41,760,540,489

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