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	569,718,767	0.9760	583,728,245	569,718,767
B - MULTIFAMILY	197,627,850	0.8913	221,729,889	197,627,850
C1 - VACANT LOTS	65,577,901	N/A	65,577,901	65,577,901
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	37,424	1.0191	36,721	37,424
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	380,429,054	0.9417	403,981,155	380,429,054
F2 - INDUSTRIAL REAL	9,187,977	N/A	9,187,977	9,187,977
G - ALL MINERALS	6,751,200	N/A	6,751,200	6,751,200
J - ALL UTILITIES	22,714,553	N/A	22,714,553	22,714,553
L1 - COMMERCIAL PERSONAL	104,348,096	0.9955	104,819,785	104,348,096
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	1,388,529,543	0	1,450,664,147	1,388,529,543
Less Total Deductions	171,355,977	0	175,026,571	171,355,977
Total Taxable Value	1,217,173,566	0	1,275,637,576	1,217,173,566

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
1,237,053,293	1,217,173,566	1,237,053,293	1,217,173,566

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
19,879,727	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
1,237,053,293	1,217,173,566	1,237,053,293	1,217,173,566

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	569,718,767	0.9760	583,728,245	569,718,767
B - MULTIFAMILY	197,627,850	0.8913	221,729,889	197,627,850
C1 - VACANT LOTS	65,577,901	N/A	65,577,901	65,577,901
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	37,424	1.0191	36,721	37,424
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	380,429,054	0.9417	403,981,155	380,429,054
F2 - INDUSTRIAL REAL	9,187,977	N/A	9,187,977	9,187,977
G - ALL MINERALS	6,751,200	N/A	6,751,200	6,751,200
J - ALL UTILITIES	22,714,553	N/A	22,714,553	22,714,553
L1 - COMMERCIAL PERSONAL	104,348,096	0.9955	104,819,785	104,348,096
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	1,388,529,543		1,450,664,147	1,388,529,543
Less Total Deductions	171,355,977		175,026,571	171,355,977
Total Taxable Value	1,217,173,566		1,275,637,576	1,217,173,566

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
1,237,053,293	1,217,173,566	1,237,053,293	1,217,173,566

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
19,879,727	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
1,237,053,293	1,217,173,566	1,237,053,293	1,217,173,566

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