taxes Property Tax Assistance

2019 ISD Summary Worksheet

220-Tarrant

061-902/Lewisville ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 82,430,049 N/A 82,430,049 82,430,049
B. MULTIFAMILY RESIDENCES 20,145,171 N/A 20,145,171 20,145,171
C1. VACANT LOTS 21,033,183 N/A 21,033,183 21,033,183
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 5,294 N/A 5,294 5,294
D2. REAL PROP:FARM & RANCH 0 N/A 0 0
E. REAL PROP NONQUAL ACREAGE 0 N/A 0 0
F1. COMMERCIAL REAL 95,013,092 N/A 95,013,092 95,013,092
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 282,308 N/A 282,308 282,308
L1. COMMERCIAL PERSONAL 115,566,645 N/A 115,566,645 115,566,645
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 277,295 N/A 277,295 277,295
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 17,706,813 N/A 17,706,813 17,706,813
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 352,459,850 0 352,459,850 352,459,850
Less Total Deductions 41,521,848 0 41,521,848 41,521,848
Total Taxable Value 310,938,002 0 310,938,002 310,938,002

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
311,358,324 310,938,002 311,358,324 310,938,002


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
420,322 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
311,358,324 310,938,002 311,358,324 310,938,002

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 82,430,049 N/A 82,430,049 82,430,049
B. MULTIFAMILY RESIDENCES 20,145,171 N/A 20,145,171 20,145,171
C1. VACANT LOTS 21,033,183 N/A 21,033,183 21,033,183
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 5,294 N/A 5,294 5,294
D2. REAL PROP:FARM & RANCH 0 N/A 0 0
E. REAL PROP NONQUAL ACREAGE 0 N/A 0 0
F1. COMMERCIAL REAL 95,013,092 N/A 95,013,092 95,013,092
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 282,308 N/A 282,308 282,308
L1. COMMERCIAL PERSONAL 115,566,645 N/A 115,566,645 115,566,645
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 277,295 N/A 277,295 277,295
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 17,706,813 N/A 17,706,813 17,706,813
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 352,459,850 352,459,850 352,459,850
Less Total Deductions 41,521,848 41,521,848 41,521,848
Total Taxable Value 310,938,002 310,938,002 310,938,002

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
311,358,324 310,938,002 311,358,324 310,938,002


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
420,322 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
311,358,324 310,938,002 311,358,324 310,938,002

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