taxes Property Tax Assistance

2020 ISD Summary Worksheet

061-Denton

061-912/Lake Dallas ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,879,746,478 N/A 1,879,746,478 1,879,746,478
B - MULTIFAMILY 188,631,276 N/A 188,631,276 188,631,276
C1 - VACANT LOTS 29,868,929 N/A 29,868,929 29,868,929
C2 - COLONIA LOTS 38,560,789 N/A 38,560,789 38,560,789
D1 ACRES - QUALIFIED OPEN-SPACE LAND 33,029 N/A 33,029 33,029
D2 - FARM & RANCH IMP 1,701,367 N/A 1,701,367 1,701,367
E - NON-AG LAND AND IMPROVEMENTS 38,108,024 N/A 38,108,024 38,108,024
F1 - COMMERCIAL REAL 273,872,463 N/A 273,872,463 273,872,463
F2 - INDUSTRIAL REAL 134,600 N/A 134,600 134,600
G - ALL MINERALS 768,960 N/A 768,960 768,960
J - ALL UTILITIES 33,941,508 N/A 33,941,508 33,941,508
L1 - COMMERCIAL PERSONAL 48,398,663 N/A 48,398,663 48,398,663
L2 - INDUSTRIAL PERSONAL 2,150,035 N/A 2,150,035 2,150,035
M1 - MOBILE HOMES 2,132,316 N/A 2,132,316 2,132,316
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 15,880,482 N/A 15,880,482 15,880,482
S - SPECIAL INVENTORY 7,208,930 N/A 7,208,930 7,208,930
Subtotal 2,561,137,849 0 2,561,137,849 2,561,137,849
Less Total Deductions 300,281,948 0 300,281,948 300,281,948
Total Taxable Value 2,260,855,901 0 2,260,855,901 2,260,855,901

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
2,312,464,972 2,260,855,901 2,312,464,972 2,260,855,901


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
51,609,071 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
2,312,464,972 2,260,855,901 2,312,464,972 2,260,855,901

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

061-912-02/Lake Dallas ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,879,746,478 N/A 1,879,746,478 1,879,746,478
B - MULTIFAMILY 188,631,276 N/A 188,631,276 188,631,276
C1 - VACANT LOTS 29,868,929 N/A 29,868,929 29,868,929
C2 - COLONIA LOTS 38,560,789 N/A 38,560,789 38,560,789
D1 ACRES - QUALIFIED OPEN-SPACE LAND 33,029 N/A 33,029 33,029
D2 - FARM & RANCH IMP 1,701,367 N/A 1,701,367 1,701,367
E - NON-AG LAND AND IMPROVEMENTS 38,108,024 N/A 38,108,024 38,108,024
F1 - COMMERCIAL REAL 273,872,463 N/A 273,872,463 273,872,463
F2 - INDUSTRIAL REAL 134,600 N/A 134,600 134,600
G - ALL MINERALS 768,960 N/A 768,960 768,960
J - ALL UTILITIES 33,941,508 N/A 33,941,508 33,941,508
L1 - COMMERCIAL PERSONAL 48,398,663 N/A 48,398,663 48,398,663
L2 - INDUSTRIAL PERSONAL 2,150,035 N/A 2,150,035 2,150,035
M1 - MOBILE HOMES 2,132,316 N/A 2,132,316 2,132,316
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 15,880,482 N/A 15,880,482 15,880,482
S - SPECIAL INVENTORY 7,208,930 N/A 7,208,930 7,208,930
Subtotal 2,561,137,849 2,561,137,849 2,561,137,849
Less Total Deductions 300,281,948 300,281,948 300,281,948
Total Taxable Value 2,260,855,901 2,260,855,901 2,260,855,901

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
2,312,464,972 2,260,855,901 2,312,464,972 2,260,855,901


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
51,609,071 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
2,312,464,972 2,260,855,901 2,312,464,972 2,260,855,901

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