taxes Property Tax Assistance

2021 ISD Summary Worksheet

220-Tarrant /Tarrant County

220-910/Lake Worth ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 569,499,053 0.9760 583,503,128 569,499,053
B - MULTIFAMILY 192,327,850 0.8913 215,783,518 192,327,850
C1 - VACANT LOTS 65,246,641 N/A 65,246,641 65,246,641
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 37,132 1.0229 36,301 37,132
D2 - FARM & RANCH IMP 8,820 N/A 8,820 8,820
E - NON-AG LAND AND IMPROVEMENTS 0 N/A 0 0
F1 - COMMERCIAL REAL 379,880,453 0.9417 403,398,591 379,880,453
F2 - INDUSTRIAL REAL 9,187,977 N/A 9,187,977 9,187,977
G - ALL MINERALS 6,716,580 N/A 6,716,580 6,716,580
J - ALL UTILITIES 22,754,728 N/A 22,754,728 22,754,728
L1 - COMMERCIAL PERSONAL 101,448,924 0.9955 101,907,508 101,448,924
L2 - INDUSTRIAL PERSONAL 27,495,056 N/A 27,495,056 27,495,056
M1 - MOBILE HOMES 147,317 N/A 147,317 147,317
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 218,642 N/A 218,642 218,642
S - SPECIAL INVENTORY 4,266,886 N/A 4,266,886 4,266,886
Subtotal 1,379,236,059 0 1,440,671,693 1,379,236,059
Less Total Deductions 172,370,965 0 176,063,391 172,370,965
Total Taxable Value 1,206,865,094 0 1,264,608,302 1,206,865,094

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
1,226,810,773 1,206,865,094 1,226,810,773 1,206,865,094


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,945,679 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
1,226,810,773 1,206,865,094 1,226,810,773 1,206,865,094

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 569,499,053 0.9760 583,503,128 569,499,053
B - MULTIFAMILY 192,327,850 0.8913 215,783,518 192,327,850
C1 - VACANT LOTS 65,246,641 N/A 65,246,641 65,246,641
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 37,132 1.0229 36,301 37,132
D2 - FARM & RANCH IMP 8,820 N/A 8,820 8,820
E - NON-AG LAND AND IMPROVEMENTS 0 N/A 0 0
F1 - COMMERCIAL REAL 379,880,453 0.9417 403,398,591 379,880,453
F2 - INDUSTRIAL REAL 9,187,977 N/A 9,187,977 9,187,977
G - ALL MINERALS 6,716,580 N/A 6,716,580 6,716,580
J - ALL UTILITIES 22,754,728 N/A 22,754,728 22,754,728
L1 - COMMERCIAL PERSONAL 101,448,924 0.9955 101,907,508 101,448,924
L2 - INDUSTRIAL PERSONAL 27,495,056 N/A 27,495,056 27,495,056
M1 - MOBILE HOMES 147,317 N/A 147,317 147,317
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 218,642 N/A 218,642 218,642
S - SPECIAL INVENTORY 4,266,886 N/A 4,266,886 4,266,886
Subtotal 1,379,236,059 1,440,671,693 1,379,236,059
Less Total Deductions 172,370,965 176,063,391 172,370,965
Total Taxable Value 1,206,865,094 1,264,608,302 1,206,865,094

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
1,226,810,773 1,206,865,094 1,226,810,773 1,206,865,094


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
19,945,679 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
1,226,810,773 1,206,865,094 1,226,810,773 1,206,865,094

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