taxes Property Tax Assistance

2020 ISD Summary Worksheet

227-Travis

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	0.9507	2,121,333,735	2,016,751,982
B - MULTIFAMILY	37,450,396	N/A	37,450,396	37,450,396
C1 - VACANT LOTS	158,938,591	0.7843	202,650,250	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	2,574,874,043	2,426,730,349
Less Total Deductions	357,088,640	0	386,192,186	357,088,640
Total Taxable Value	2,069,641,709	0	2,188,681,857	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	0.9507	2,121,333,735	2,016,751,982
B - MULTIFAMILY	37,450,396	N/A	37,450,396	37,450,396
C1 - VACANT LOTS	158,938,591	0.7843	202,650,250	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		2,574,874,043	2,426,730,349
Less Total Deductions	357,088,640		386,192,186	357,088,640
Total Taxable Value	2,069,641,709		2,188,681,857	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