taxes Property Tax Assistance

2023 ISD Summary Worksheet

Lake Worth ISD (all splits)   Tarrant County  

220-Tarrant/Tarrant County

220-910/Lake Worth ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 852,136,077 1.0004 851,795,359 852,136,077
B - MULTIFAMILY 285,602,249 0.9828 290,600,579 285,602,249
C1 - VACANT LOTS 63,983,324 N/A 63,983,324 63,983,324
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 29,822 0.8280 36,017 29,822
D2 - FARM & RANCH IMP 6,912 N/A 6,912 6,912
E - NON-AG LAND AND IMPROVEMENTS 0 N/A 0 0
F1 - COMMERCIAL REAL 498,929,829 0.9238 540,084,249 498,929,829
F2 - INDUSTRIAL REAL 10,414,720 N/A 10,414,720 10,414,720
G - ALL MINERALS 22,579,510 N/A 22,579,510 22,579,510
J - ALL UTILITIES 25,981,896 N/A 25,981,896 25,981,896
L1 - COMMERCIAL PERSONAL 123,393,890 1.0043 122,865,568 123,393,890
L2 - INDUSTRIAL PERSONAL 33,389,835 N/A 33,389,835 33,389,835
M1 - MOBILE HOMES 205,025 N/A 205,025 205,025
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,774,277 N/A 5,774,277 5,774,277
S - SPECIAL INVENTORY 6,485,855 N/A 6,485,855 6,485,855
Subtotal 1,928,913,221 0 1,974,203,126 1,928,913,221
Less Total Deductions 390,621,454 0 390,518,182 390,621,454
Total Taxable Value 1,538,291,767 0 1,583,684,944 1,538,291,767

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 1,655,999,182 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,538,291,767 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 1,655,999,182 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,538,291,767 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,688,384,182 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,709,974,182 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,552,506,320 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 1,655,999,182 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,538,291,767 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 1,655,999,182 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,538,291,767 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,688,384,182 T13 plus the loss to the chapter 313 agreement
T16 1,709,974,182 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,552,506,320 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 117,707,415 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 32,385,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 21,590,000 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


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220-910-02/Lake Worth ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 852,136,077 1.0004 851,795,359 852,136,077
B - MULTIFAMILY 285,602,249 0.9828 290,600,579 285,602,249
C1 - VACANT LOTS 63,983,324 N/A 63,983,324 63,983,324
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 29,822 0.8280 36,017 29,822
D2 - FARM & RANCH IMP 6,912 N/A 6,912 6,912
E - NON-AG LAND AND IMPROVEMENTS 0 N/A 0 0
F1 - COMMERCIAL REAL 498,929,829 0.9238 540,084,249 498,929,829
F2 - INDUSTRIAL REAL 10,414,720 N/A 10,414,720 10,414,720
G - ALL MINERALS 22,579,510 N/A 22,579,510 22,579,510
J - ALL UTILITIES 25,981,896 N/A 25,981,896 25,981,896
L1 - COMMERCIAL PERSONAL 123,393,890 1.0043 122,865,568 123,393,890
L2 - INDUSTRIAL PERSONAL 33,389,835 N/A 33,389,835 33,389,835
M1 - MOBILE HOMES 205,025 N/A 205,025 205,025
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,774,277 N/A 5,774,277 5,774,277
S - SPECIAL INVENTORY 6,485,855 N/A 6,485,855 6,485,855
Subtotal 1,928,913,221 1,974,203,126 1,928,913,221
Less Total Deductions 390,621,454 390,518,182 390,621,454
Total Taxable Value 1,538,291,767 1,583,684,944 1,538,291,767

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 1,655,999,182 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,538,291,767 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 1,655,999,182 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,538,291,767 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,688,384,182 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,709,974,182 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,552,506,320 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 1,655,999,182 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,538,291,767 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 1,655,999,182 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,538,291,767 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,688,384,182 T13 plus the loss to the chapter 313 agreement
T16 1,709,974,182 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,552,506,320 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 117,707,415 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 32,385,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 21,590,000 Loss to Second Previous Homestead Increase

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