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


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
166,121,654 953,962,422


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

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

227-913-02/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
14,827,392,163 14,661,270,509 13,873,429,741 13,707,308,087


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
166,121,654 953,962,422


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

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