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	504,626,459	0.9860	511,791,541	504,626,459
B. MULTIFAMILY RESIDENCES	164,104,896	0.9539	172,035,744	164,104,896
C1. VACANT LOTS	52,019,801	N/A	52,019,801	52,019,801
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	397,268,154	0.9281	428,044,558	397,268,154
F2. INDUSTRIAL REAL	7,810,971	N/A	7,810,971	7,810,971
G. OIL,GAS,MINERALS	10,346,350	N/A	10,346,350	10,346,350
J. UTILITIES	20,252,386	N/A	20,252,386	20,252,386
L1. COMMERCIAL PERSONAL	96,087,915	1.0044	95,666,980	96,087,915
L2. INDUSTRIAL PERSONAL	27,538,656	N/A	27,538,656	27,538,656
M. MOBILE HOMES	211,232	N/A	211,232	211,232
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	1,281,977,782	0	1,327,389,440	1,281,977,782
Less Total Deductions	169,245,779	0	171,252,125	169,245,779
Total Taxable Value	1,112,732,003	0	1,156,137,315	1,112,732,003

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
1,133,072,770	1,112,732,003	1,133,072,770	1,112,732,003

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
20,340,767	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
1,133,072,770	1,112,732,003	1,133,072,770	1,112,732,003

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	504,626,459	0.9860	511,791,541	504,626,459
B. MULTIFAMILY RESIDENCES	164,104,896	0.9539	172,035,744	164,104,896
C1. VACANT LOTS	52,019,801	N/A	52,019,801	52,019,801
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	397,268,154	0.9281	428,044,558	397,268,154
F2. INDUSTRIAL REAL	7,810,971	N/A	7,810,971	7,810,971
G. OIL,GAS,MINERALS	10,346,350	N/A	10,346,350	10,346,350
J. UTILITIES	20,252,386	N/A	20,252,386	20,252,386
L1. COMMERCIAL PERSONAL	96,087,915	1.0044	95,666,980	96,087,915
L2. INDUSTRIAL PERSONAL	27,538,656	N/A	27,538,656	27,538,656
M. MOBILE HOMES	211,232	N/A	211,232	211,232
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	1,281,977,782		1,327,389,440	1,281,977,782
Less Total Deductions	169,245,779		171,252,125	169,245,779
Total Taxable Value	1,112,732,003		1,156,137,315	1,112,732,003

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
1,133,072,770	1,112,732,003	1,133,072,770	1,112,732,003

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
20,340,767	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
1,133,072,770	1,112,732,003	1,133,072,770	1,112,732,003

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