taxes Property Tax Assistance

2021 ISD Summary Worksheet

Lake Worth ISD (all splits)   Tarrant County  

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's office 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 school 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

Measure Value Description
T1 1,226,810,773 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,206,865,094 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,226,810,773 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,206,865,094 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,226,810,773 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,206,865,094 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,226,810,773 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,206,865,094 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 19,945,679 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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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's office 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 school 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

Measure Value Description
T1 1,226,810,773 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,206,865,094 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,226,810,773 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,206,865,094 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,226,810,773 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,206,865,094 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,226,810,773 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,206,865,094 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 19,945,679 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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