taxes Property Tax Assistance

2021 ISD Summary Worksheet

227-Travis /Travis County

227-912/Lago Vista ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	2,382,181,097	0.9207	2,587,358,637	2,382,181,097
B - MULTIFAMILY	40,997,890	N/A	40,997,890	40,997,890
C1 - VACANT LOTS	218,955,330	0.5056	433,060,384	218,955,330
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	211,951	3.3831	62,650	211,951
D2 - FARM & RANCH IMP	346,852	N/A	346,852	346,852
E - NON-AG LAND AND IMPROVEMENTS	59,635,975	N/A	59,635,975	59,635,975
F1 - COMMERCIAL REAL	95,112,626	N/A	95,112,626	95,112,626
F2 - INDUSTRIAL REAL	222,050	N/A	222,050	222,050
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	9,357,811	N/A	9,357,811	9,357,811
L1 - COMMERCIAL PERSONAL	16,636,478	N/A	16,636,478	16,636,478
L2 - INDUSTRIAL PERSONAL	2,263,866	N/A	2,263,866	2,263,866
M1 - MOBILE HOMES	1,179,435	N/A	1,179,435	1,179,435
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	33,546,546	N/A	33,546,546	33,546,546
S - SPECIAL INVENTORY	2,268	N/A	2,268	2,268
Subtotal	2,860,650,175	0	3,279,783,468	2,860,650,175
Less Total Deductions	459,421,591	0	518,892,217	459,421,591
Total Taxable Value	2,401,228,584	0	2,760,891,251	2,401,228,584

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
2,442,398,716	2,401,228,584	2,290,309,610	2,249,139,478

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
41,170,132	152,089,106

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
2,442,398,716	2,401,228,584	2,290,309,610	2,249,139,478

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

227-912-02/Lago Vista ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	2,382,181,097	0.9207	2,587,358,637	2,382,181,097
B - MULTIFAMILY	40,997,890	N/A	40,997,890	40,997,890
C1 - VACANT LOTS	218,955,330	0.5056	433,060,384	218,955,330
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	211,951	3.3831	62,650	211,951
D2 - FARM & RANCH IMP	346,852	N/A	346,852	346,852
E - NON-AG LAND AND IMPROVEMENTS	59,635,975	N/A	59,635,975	59,635,975
F1 - COMMERCIAL REAL	95,112,626	N/A	95,112,626	95,112,626
F2 - INDUSTRIAL REAL	222,050	N/A	222,050	222,050
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	9,357,811	N/A	9,357,811	9,357,811
L1 - COMMERCIAL PERSONAL	16,636,478	N/A	16,636,478	16,636,478
L2 - INDUSTRIAL PERSONAL	2,263,866	N/A	2,263,866	2,263,866
M1 - MOBILE HOMES	1,179,435	N/A	1,179,435	1,179,435
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	33,546,546	N/A	33,546,546	33,546,546
S - SPECIAL INVENTORY	2,268	N/A	2,268	2,268
Subtotal	2,860,650,175		3,279,783,468	2,860,650,175
Less Total Deductions	459,421,591		518,892,217	459,421,591
Total Taxable Value	2,401,228,584		2,760,891,251	2,401,228,584

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
2,442,398,716	2,401,228,584	2,290,309,610	2,249,139,478

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
41,170,132	152,089,106

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
2,442,398,716	2,401,228,584	2,290,309,610	2,249,139,478

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