taxes Property Tax Assistance

2020 ISD Summary Worksheet

061-Denton /Denton County

061-914/Little Elm ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 5,435,730,102 N/A 5,435,730,102 5,435,730,102
B - MULTIFAMILY 76,087,725 N/A 76,087,725 76,087,725
C1 - VACANT LOTS 113,521,302 N/A 113,521,302 113,521,302
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 103,729 N/A 103,729 103,729
D2 - FARM & RANCH IMP 1,707,592 N/A 1,707,592 1,707,592
E - NON-AG LAND AND IMPROVEMENTS 46,394,720 N/A 46,394,720 46,394,720
F1 - COMMERCIAL REAL 274,205,994 N/A 274,205,994 274,205,994
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 48,863,523 N/A 48,863,523 48,863,523
L1 - COMMERCIAL PERSONAL 51,579,327 N/A 51,579,327 51,579,327
L2 - INDUSTRIAL PERSONAL 11,528,754 N/A 11,528,754 11,528,754
M1 - MOBILE HOMES 11,985,202 N/A 11,985,202 11,985,202
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 91,082,037 N/A 91,082,037 91,082,037
S - SPECIAL INVENTORY 334,215 N/A 334,215 334,215
Subtotal 6,163,124,222 0 6,163,124,222 6,163,124,222
Less Total Deductions 634,545,600 0 634,545,600 634,545,600
Total Taxable Value 5,528,578,622 0 5,528,578,622 5,528,578,622

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
5,650,138,354 5,528,578,622 5,650,138,354 5,528,578,622


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
121,559,732 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
5,650,138,354 5,528,578,622 5,650,138,354 5,528,578,622

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 5,435,730,102 N/A 5,435,730,102 5,435,730,102
B - MULTIFAMILY 76,087,725 N/A 76,087,725 76,087,725
C1 - VACANT LOTS 113,521,302 N/A 113,521,302 113,521,302
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 103,729 N/A 103,729 103,729
D2 - FARM & RANCH IMP 1,707,592 N/A 1,707,592 1,707,592
E - NON-AG LAND AND IMPROVEMENTS 46,394,720 N/A 46,394,720 46,394,720
F1 - COMMERCIAL REAL 274,205,994 N/A 274,205,994 274,205,994
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 48,863,523 N/A 48,863,523 48,863,523
L1 - COMMERCIAL PERSONAL 51,579,327 N/A 51,579,327 51,579,327
L2 - INDUSTRIAL PERSONAL 11,528,754 N/A 11,528,754 11,528,754
M1 - MOBILE HOMES 11,985,202 N/A 11,985,202 11,985,202
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 91,082,037 N/A 91,082,037 91,082,037
S - SPECIAL INVENTORY 334,215 N/A 334,215 334,215
Subtotal 6,163,124,222 6,163,124,222 6,163,124,222
Less Total Deductions 634,545,600 634,545,600 634,545,600
Total Taxable Value 5,528,578,622 5,528,578,622 5,528,578,622

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
5,650,138,354 5,528,578,622 5,650,138,354 5,528,578,622


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
121,559,732 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
5,650,138,354 5,528,578,622 5,650,138,354 5,528,578,622

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