taxes Property Tax Assistance

2020 ISD Summary Worksheet

220-Tarrant

220-910/Lake Worth ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	519,198,947	N/A	519,198,947	519,198,947
B - MULTIFAMILY	178,989,997	N/A	178,989,997	178,989,997
C1 - VACANT LOTS	59,132,678	N/A	59,132,678	59,132,678
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	46,433	N/A	46,433	46,433
D2 - FARM & RANCH IMP	8,190	N/A	8,190	8,190
E - NON-AG LAND AND IMPROVEMENTS	0	N/A	0	0
F1 - COMMERCIAL REAL	397,400,716	N/A	397,400,716	397,400,716
F2 - INDUSTRIAL REAL	9,192,470	N/A	9,192,470	9,192,470
G - ALL MINERALS	8,898,980	N/A	8,898,980	8,898,980
J - ALL UTILITIES	21,811,260	N/A	21,811,260	21,811,260
L1 - COMMERCIAL PERSONAL	101,301,810	N/A	101,301,810	101,301,810
L2 - INDUSTRIAL PERSONAL	31,517,553	N/A	31,517,553	31,517,553
M1 - MOBILE HOMES	159,240	N/A	159,240	159,240
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	236,142	N/A	236,142	236,142
S - SPECIAL INVENTORY	2,147,423	N/A	2,147,423	2,147,423
Subtotal	1,330,041,839	0	1,330,041,839	1,330,041,839
Less Total Deductions	159,157,907	0	159,157,907	159,157,907
Total Taxable Value	1,170,883,932	0	1,170,883,932	1,170,883,932

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
1,191,091,226	1,170,883,932	1,191,091,226	1,170,883,932

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
20,207,294	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
1,191,091,226	1,170,883,932	1,191,091,226	1,170,883,932

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

220-910-02/Lake Worth ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	519,198,947	N/A	519,198,947	519,198,947
B - MULTIFAMILY	178,989,997	N/A	178,989,997	178,989,997
C1 - VACANT LOTS	59,132,678	N/A	59,132,678	59,132,678
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	46,433	N/A	46,433	46,433
D2 - FARM & RANCH IMP	8,190	N/A	8,190	8,190
E - NON-AG LAND AND IMPROVEMENTS	0	N/A	0	0
F1 - COMMERCIAL REAL	397,400,716	N/A	397,400,716	397,400,716
F2 - INDUSTRIAL REAL	9,192,470	N/A	9,192,470	9,192,470
G - ALL MINERALS	8,898,980	N/A	8,898,980	8,898,980
J - ALL UTILITIES	21,811,260	N/A	21,811,260	21,811,260
L1 - COMMERCIAL PERSONAL	101,301,810	N/A	101,301,810	101,301,810
L2 - INDUSTRIAL PERSONAL	31,517,553	N/A	31,517,553	31,517,553
M1 - MOBILE HOMES	159,240	N/A	159,240	159,240
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	236,142	N/A	236,142	236,142
S - SPECIAL INVENTORY	2,147,423	N/A	2,147,423	2,147,423
Subtotal	1,330,041,839		1,330,041,839	1,330,041,839
Less Total Deductions	159,157,907		159,157,907	159,157,907
Total Taxable Value	1,170,883,932		1,170,883,932	1,170,883,932

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
1,191,091,226	1,170,883,932	1,191,091,226	1,170,883,932

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
20,207,294	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
1,191,091,226	1,170,883,932	1,191,091,226	1,170,883,932

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