taxes Property Tax Assistance

2023 ISD Summary Worksheet

Little Elm ISD (all splits)   Denton County  

061-Denton/Denton County

061-914/Little Elm ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 10,002,333,136 0.9983 10,019,366,058 10,002,333,136
B - MULTIFAMILY 133,023,995 N/A 133,023,995 133,023,995
C1 - VACANT LOTS 161,465,059 N/A 161,465,059 161,465,059
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 76,784 1.1134 68,964 76,784
D2 - FARM & RANCH IMP 3,041,666 N/A 3,041,666 3,041,666
E - NON-AG LAND AND IMPROVEMENTS 98,243,208 N/A 98,243,208 98,243,208
F1 - COMMERCIAL REAL 353,705,514 0.9277 381,271,439 353,705,514
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 53,207,621 N/A 53,207,621 53,207,621
L1 - COMMERCIAL PERSONAL 59,613,478 N/A 59,613,478 59,613,478
L2 - INDUSTRIAL PERSONAL 82,676,210 N/A 82,676,210 82,676,210
M1 - MOBILE HOMES 14,746,837 N/A 14,746,837 14,746,837
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 72,428,787 N/A 72,428,787 72,428,787
S - SPECIAL INVENTORY 821,359 N/A 821,359 821,359
Subtotal 11,035,383,654 0 11,079,974,681 11,035,383,654
Less Total Deductions 3,552,573,620 0 3,558,053,306 3,552,573,620
Total Taxable Value 7,482,810,034 0 7,521,921,375 7,482,810,034

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

Measure Value Description
T1 8,315,998,519 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 7,482,810,034 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 8,315,998,519 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 7,482,810,034 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 8,534,263,519 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 8,679,773,519 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 7,802,560,502 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 8,315,998,519 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 7,482,810,034 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 8,315,998,519 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 7,482,810,034 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 8,534,263,519 T13 plus the loss to the chapter 313 agreement
T16 8,679,773,519 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 7,802,560,502 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 833,188,485 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 218,265,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 145,510,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


Back to top

061-914-02/Little Elm ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 10,002,333,136 0.9983 10,019,366,058 10,002,333,136
B - MULTIFAMILY 133,023,995 N/A 133,023,995 133,023,995
C1 - VACANT LOTS 161,465,059 N/A 161,465,059 161,465,059
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 76,784 1.1134 68,964 76,784
D2 - FARM & RANCH IMP 3,041,666 N/A 3,041,666 3,041,666
E - NON-AG LAND AND IMPROVEMENTS 98,243,208 N/A 98,243,208 98,243,208
F1 - COMMERCIAL REAL 353,705,514 0.9277 381,271,439 353,705,514
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 53,207,621 N/A 53,207,621 53,207,621
L1 - COMMERCIAL PERSONAL 59,613,478 N/A 59,613,478 59,613,478
L2 - INDUSTRIAL PERSONAL 82,676,210 N/A 82,676,210 82,676,210
M1 - MOBILE HOMES 14,746,837 N/A 14,746,837 14,746,837
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 72,428,787 N/A 72,428,787 72,428,787
S - SPECIAL INVENTORY 821,359 N/A 821,359 821,359
Subtotal 11,035,383,654 11,079,974,681 11,035,383,654
Less Total Deductions 3,552,573,620 3,558,053,306 3,552,573,620
Total Taxable Value 7,482,810,034 7,521,921,375 7,482,810,034

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

Measure Value Description
T1 8,315,998,519 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 7,482,810,034 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 8,315,998,519 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 7,482,810,034 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 8,534,263,519 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 8,679,773,519 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 7,802,560,502 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 8,315,998,519 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 7,482,810,034 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 8,315,998,519 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 7,482,810,034 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 8,534,263,519 T13 plus the loss to the chapter 313 agreement
T16 8,679,773,519 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 7,802,560,502 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 833,188,485 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 218,265,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 145,510,000 Loss to Second Previous Homestead Increase

Back to top