taxes Property Tax Assistance

2021 ISD Summary Worksheet

061-Denton /Denton County

061-912/Lake Dallas ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 2,075,170,521 0.9655 2,149,322,135 2,075,170,521
B - MULTIFAMILY 161,904,058 0.8594 188,391,969 161,904,058
C1 - VACANT LOTS 69,589,455 N/A 69,589,455 69,589,455
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 29,686 1.1480 25,858 29,686
D2 - FARM & RANCH IMP 1,830,307 N/A 1,830,307 1,830,307
E - NON-AG LAND AND IMPROVEMENTS 31,614,200 N/A 31,614,200 31,614,200
F1 - COMMERCIAL REAL 289,180,835 0.9596 301,355,601 289,180,835
F2 - INDUSTRIAL REAL 134,600 N/A 134,600 134,600
G - ALL MINERALS 1,275,760 N/A 1,275,760 1,275,760
J - ALL UTILITIES 41,660,691 N/A 41,660,691 41,660,691
L1 - COMMERCIAL PERSONAL 44,427,241 N/A 44,427,241 44,427,241
L2 - INDUSTRIAL PERSONAL 2,125,984 N/A 2,125,984 2,125,984
M1 - MOBILE HOMES 2,209,220 N/A 2,209,220 2,209,220
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 7,916,261 N/A 7,916,261 7,916,261
S - SPECIAL INVENTORY 7,694,457 N/A 7,694,457 7,694,457
Subtotal 2,736,763,276 0 2,849,573,739 2,736,763,276
Less Total Deductions 287,467,174 0 302,392,256 287,467,174
Total Taxable Value 2,449,296,102 0 2,547,181,483 2,449,296,102

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
2,501,216,474 2,449,296,102 2,501,216,474 2,449,296,102


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
51,920,372 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
2,501,216,474 2,449,296,102 2,501,216,474 2,449,296,102

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

061-912-02/Lake Dallas ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 2,075,170,521 0.9655 2,149,322,135 2,075,170,521
B - MULTIFAMILY 161,904,058 0.8594 188,391,969 161,904,058
C1 - VACANT LOTS 69,589,455 N/A 69,589,455 69,589,455
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 29,686 1.1480 25,858 29,686
D2 - FARM & RANCH IMP 1,830,307 N/A 1,830,307 1,830,307
E - NON-AG LAND AND IMPROVEMENTS 31,614,200 N/A 31,614,200 31,614,200
F1 - COMMERCIAL REAL 289,180,835 0.9596 301,355,601 289,180,835
F2 - INDUSTRIAL REAL 134,600 N/A 134,600 134,600
G - ALL MINERALS 1,275,760 N/A 1,275,760 1,275,760
J - ALL UTILITIES 41,660,691 N/A 41,660,691 41,660,691
L1 - COMMERCIAL PERSONAL 44,427,241 N/A 44,427,241 44,427,241
L2 - INDUSTRIAL PERSONAL 2,125,984 N/A 2,125,984 2,125,984
M1 - MOBILE HOMES 2,209,220 N/A 2,209,220 2,209,220
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 7,916,261 N/A 7,916,261 7,916,261
S - SPECIAL INVENTORY 7,694,457 N/A 7,694,457 7,694,457
Subtotal 2,736,763,276 2,849,573,739 2,736,763,276
Less Total Deductions 287,467,174 302,392,256 287,467,174
Total Taxable Value 2,449,296,102 2,547,181,483 2,449,296,102

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
2,501,216,474 2,449,296,102 2,501,216,474 2,449,296,102


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
51,920,372 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
2,501,216,474 2,449,296,102 2,501,216,474 2,449,296,102

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