taxes Property Tax Assistance

2020 ISD Summary Worksheet

227-Travis /Travis County

227-913/Lake Travis ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	12,413,575,533	0.9393	13,215,772,951	12,413,575,533
B - MULTIFAMILY	535,635,141	0.9971	537,193,001	535,635,141
C1 - VACANT LOTS	471,245,123	0.8173	576,587,695	471,245,123
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,884,325	4.9212	382,900	1,884,325
D2 - FARM & RANCH IMP	3,976,884	N/A	3,976,884	3,976,884
E - NON-AG LAND AND IMPROVEMENTS	204,546,790	N/A	204,546,790	204,546,790
F1 - COMMERCIAL REAL	2,148,718,051	1.0032	2,141,864,086	2,148,718,051
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	35,452,468	N/A	35,452,468	35,452,468
L1 - COMMERCIAL PERSONAL	245,860,703	1.0090	243,667,694	245,860,703
L2 - INDUSTRIAL PERSONAL	3,363,146	N/A	3,363,146	3,363,146
M1 - MOBILE HOMES	4,105,159	N/A	4,105,159	4,105,159
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	225,048,314	N/A	225,048,314	225,048,314
S - SPECIAL INVENTORY	4,780,571	N/A	4,780,571	4,780,571
Subtotal	16,298,192,208	0	17,196,741,659	16,298,192,208
Less Total Deductions	1,636,921,699	0	1,823,548,736	1,636,921,699
Total Taxable Value	14,661,270,509	0	15,373,192,923	14,661,270,509

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	T13
14,827,392,163	14,661,270,509	13,873,429,741	13,707,308,087	0

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
166,121,654	953,962,422	0

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
14,827,392,163	14,661,270,509	13,873,429,741	13,707,308,087	0

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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

227-913-02/Lake Travis ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	12,413,575,533	0.9393	13,215,772,951	12,413,575,533
B - MULTIFAMILY	535,635,141	0.9971	537,193,001	535,635,141
C1 - VACANT LOTS	471,245,123	0.8173	576,587,695	471,245,123
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,884,325	4.9212	382,900	1,884,325
D2 - FARM & RANCH IMP	3,976,884	N/A	3,976,884	3,976,884
E - NON-AG LAND AND IMPROVEMENTS	204,546,790	N/A	204,546,790	204,546,790
F1 - COMMERCIAL REAL	2,148,718,051	1.0032	2,141,864,086	2,148,718,051
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	35,452,468	N/A	35,452,468	35,452,468
L1 - COMMERCIAL PERSONAL	245,860,703	1.0090	243,667,694	245,860,703
L2 - INDUSTRIAL PERSONAL	3,363,146	N/A	3,363,146	3,363,146
M1 - MOBILE HOMES	4,105,159	N/A	4,105,159	4,105,159
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	225,048,314	N/A	225,048,314	225,048,314
S - SPECIAL INVENTORY	4,780,571	N/A	4,780,571	4,780,571
Subtotal	16,298,192,208		17,196,741,659	16,298,192,208
Less Total Deductions	1,636,921,699		1,823,548,736	1,636,921,699
Total Taxable Value	14,661,270,509		15,373,192,923	14,661,270,509

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	T13
14,827,392,163	14,661,270,509	13,873,429,741	13,707,308,087	0

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
166,121,654	953,962,422	0

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
14,827,392,163	14,661,270,509	13,873,429,741	13,707,308,087	0

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement