taxes Property Tax Assistance

2020 ISD Summary Worksheet

227-Travis /Travis County

227-912/Lago Vista ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 2,016,751,982 0.9614 2,097,724,134 2,016,751,982
B - MULTIFAMILY 37,450,396 N/A 37,450,396 37,450,396
C1 - VACANT LOTS 158,938,591 0.7892 201,392,031 158,938,591
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 203,306 3.7939 53,588 203,306
D2 - FARM & RANCH IMP 281,490 N/A 281,490 281,490
E - NON-AG LAND AND IMPROVEMENTS 60,833,054 N/A 60,833,054 60,833,054
F1 - COMMERCIAL REAL 89,942,483 N/A 89,942,483 89,942,483
F2 - INDUSTRIAL REAL 230,570 N/A 230,570 230,570
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 8,506,938 N/A 8,506,938 8,506,938
L1 - COMMERCIAL PERSONAL 15,930,959 N/A 15,930,959 15,930,959
L2 - INDUSTRIAL PERSONAL 2,400,960 N/A 2,400,960 2,400,960
M1 - MOBILE HOMES 1,166,666 N/A 1,166,666 1,166,666
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 34,088,202 N/A 34,088,202 34,088,202
S - SPECIAL INVENTORY 4,752 N/A 4,752 4,752
Subtotal 2,426,730,349 0 2,550,006,223 2,426,730,349
Less Total Deductions 357,088,640 0 379,621,967 357,088,640
Total Taxable Value 2,069,641,709 0 2,170,384,256 2,069,641,709

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
2,107,905,957 2,069,641,709 1,972,285,378 1,934,021,130


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
38,264,248 135,620,579


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
2,107,905,957 2,069,641,709 1,972,285,378 1,934,021,130

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

227-912-02/Lago Vista ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 2,016,751,982 0.9614 2,097,724,134 2,016,751,982
B - MULTIFAMILY 37,450,396 N/A 37,450,396 37,450,396
C1 - VACANT LOTS 158,938,591 0.7892 201,392,031 158,938,591
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 203,306 3.7939 53,588 203,306
D2 - FARM & RANCH IMP 281,490 N/A 281,490 281,490
E - NON-AG LAND AND IMPROVEMENTS 60,833,054 N/A 60,833,054 60,833,054
F1 - COMMERCIAL REAL 89,942,483 N/A 89,942,483 89,942,483
F2 - INDUSTRIAL REAL 230,570 N/A 230,570 230,570
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 8,506,938 N/A 8,506,938 8,506,938
L1 - COMMERCIAL PERSONAL 15,930,959 N/A 15,930,959 15,930,959
L2 - INDUSTRIAL PERSONAL 2,400,960 N/A 2,400,960 2,400,960
M1 - MOBILE HOMES 1,166,666 N/A 1,166,666 1,166,666
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 34,088,202 N/A 34,088,202 34,088,202
S - SPECIAL INVENTORY 4,752 N/A 4,752 4,752
Subtotal 2,426,730,349 2,550,006,223 2,426,730,349
Less Total Deductions 357,088,640 379,621,967 357,088,640
Total Taxable Value 2,069,641,709 2,170,384,256 2,069,641,709

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
2,107,905,957 2,069,641,709 1,972,285,378 1,934,021,130


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
38,264,248 135,620,579


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
2,107,905,957 2,069,641,709 1,972,285,378 1,934,021,130

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