taxes Property Tax Assistance

2019 ISD Summary Worksheet

061-Denton

061-914/Little Elm ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	5,002,617,293	0.9865	5,071,076,830	5,002,617,293
B. MULTIFAMILY RESIDENCES	69,259,527	N/A	69,259,527	69,259,527
C1. VACANT LOTS	132,162,556	N/A	132,162,556	132,162,556
D1. QUALIFIED AG LAND	119,399	0.9116	130,972	119,399
D2. REAL PROP:FARM & RANCH	1,570,839	N/A	1,570,839	1,570,839
E. REAL PROP NONQUAL ACREAGE	47,866,767	N/A	47,866,767	47,866,767
F1. COMMERCIAL REAL	238,356,476	N/A	238,356,476	238,356,476
J. UTILITIES	43,469,326	N/A	43,469,326	43,469,326
L1. COMMERCIAL PERSONAL	50,376,698	N/A	50,376,698	50,376,698
L2. INDUSTRIAL PERSONAL	11,927,395	N/A	11,927,395	11,927,395
M. MOBILE HOMES	10,262,860	N/A	10,262,860	10,262,860
O. RESIDENTIAL INVENTORY	83,854,056	N/A	83,854,056	83,854,056
S. SPECIAL INVENTORY	604,157	N/A	604,157	604,157
Subtotal	5,692,447,349	0	5,760,918,459	5,692,447,349
Less Total Deductions	627,778,206	0	641,303,816	627,778,206
Total Taxable Value	5,064,669,143	0	5,119,614,643	5,064,669,143

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
5,178,411,664	5,064,669,143	5,178,411,664	5,064,669,143

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
113,742,521	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
5,178,411,664	5,064,669,143	5,178,411,664	5,064,669,143

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	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	5,002,617,293	0.9865	5,071,076,830	5,002,617,293
B. MULTIFAMILY RESIDENCES	69,259,527	N/A	69,259,527	69,259,527
C1. VACANT LOTS	132,162,556	N/A	132,162,556	132,162,556
D1. QUALIFIED AG LAND	119,399	0.9116	130,972	119,399
D2. REAL PROP:FARM & RANCH	1,570,839	N/A	1,570,839	1,570,839
E. REAL PROP NONQUAL ACREAGE	47,866,767	N/A	47,866,767	47,866,767
F1. COMMERCIAL REAL	238,356,476	N/A	238,356,476	238,356,476
J. UTILITIES	43,469,326	N/A	43,469,326	43,469,326
L1. COMMERCIAL PERSONAL	50,376,698	N/A	50,376,698	50,376,698
L2. INDUSTRIAL PERSONAL	11,927,395	N/A	11,927,395	11,927,395
M. MOBILE HOMES	10,262,860	N/A	10,262,860	10,262,860
O. RESIDENTIAL INVENTORY	83,854,056	N/A	83,854,056	83,854,056
S. SPECIAL INVENTORY	604,157	N/A	604,157	604,157
Subtotal	5,692,447,349		5,760,918,459	5,692,447,349
Less Total Deductions	627,778,206		641,303,816	627,778,206
Total Taxable Value	5,064,669,143		5,119,614,643	5,064,669,143

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
5,178,411,664	5,064,669,143	5,178,411,664	5,064,669,143

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
113,742,521	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
5,178,411,664	5,064,669,143	5,178,411,664	5,064,669,143

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