taxes Property Tax Assistance

2021 ISD Summary Worksheet

227-Travis /Travis County

227-913/Lake Travis ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	14,946,078,982	0.9391	15,915,322,098	14,946,078,982
B - MULTIFAMILY	561,911,263	1.0244	548,527,199	561,911,263
C1 - VACANT LOTS	528,260,688	0.7572	697,650,143	528,260,688
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,080,957	4.4724	465,287	2,080,957
D2 - FARM & RANCH IMP	4,233,242	N/A	4,233,242	4,233,242
E - NON-AG LAND AND IMPROVEMENTS	264,928,304	N/A	264,928,304	264,928,304
F1 - COMMERCIAL REAL	2,066,825,668	0.9630	2,146,236,415	2,066,825,668
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	38,339,811	N/A	38,339,811	38,339,811
L1 - COMMERCIAL PERSONAL	239,001,910	N/A	239,001,910	239,001,910
L2 - INDUSTRIAL PERSONAL	3,252,780	N/A	3,252,780	3,252,780
M1 - MOBILE HOMES	4,186,081	N/A	4,186,081	4,186,081
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	166,232,985	N/A	166,232,985	166,232,985
S - SPECIAL INVENTORY	5,694,648	N/A	5,694,648	5,694,648
Subtotal	18,831,027,319	0	20,034,070,903	18,831,027,319
Less Total Deductions	2,530,533,140	0	2,791,711,635	2,530,533,140
Total Taxable Value	16,300,494,179	0	17,242,359,268	16,300,494,179

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	T13
16,463,389,974	16,300,494,179	15,404,037,266	15,241,141,471	0

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
162,895,795	1,059,352,708	0

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
16,463,389,974	16,300,494,179	15,404,037,266	15,241,141,471	0

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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

227-913-02/Lake Travis ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	14,946,078,982	0.9391	15,915,322,098	14,946,078,982
B - MULTIFAMILY	561,911,263	1.0244	548,527,199	561,911,263
C1 - VACANT LOTS	528,260,688	0.7572	697,650,143	528,260,688
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,080,957	4.4724	465,287	2,080,957
D2 - FARM & RANCH IMP	4,233,242	N/A	4,233,242	4,233,242
E - NON-AG LAND AND IMPROVEMENTS	264,928,304	N/A	264,928,304	264,928,304
F1 - COMMERCIAL REAL	2,066,825,668	0.9630	2,146,236,415	2,066,825,668
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	38,339,811	N/A	38,339,811	38,339,811
L1 - COMMERCIAL PERSONAL	239,001,910	N/A	239,001,910	239,001,910
L2 - INDUSTRIAL PERSONAL	3,252,780	N/A	3,252,780	3,252,780
M1 - MOBILE HOMES	4,186,081	N/A	4,186,081	4,186,081
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	166,232,985	N/A	166,232,985	166,232,985
S - SPECIAL INVENTORY	5,694,648	N/A	5,694,648	5,694,648
Subtotal	18,831,027,319		20,034,070,903	18,831,027,319
Less Total Deductions	2,530,533,140		2,791,711,635	2,530,533,140
Total Taxable Value	16,300,494,179		17,242,359,268	16,300,494,179

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	T13
16,463,389,974	16,300,494,179	15,404,037,266	15,241,141,471	0

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
162,895,795	1,059,352,708	0

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
16,463,389,974	16,300,494,179	15,404,037,266	15,241,141,471	0

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement