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2023 ISD Summary Worksheet
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 | 852,111,260 | 1.0004 | 851,770,552 | 852,111,260 |
| B - MULTIFAMILY | 287,643,728 | 0.9828 | 292,677,786 | 287,643,728 |
| C1 - VACANT LOTS | 64,430,299 | N/A | 64,430,299 | 64,430,299 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 29,959 | 0.8571 | 34,952 | 29,959 |
| 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 | 505,763,042 | 0.9238 | 547,481,102 | 505,763,042 |
| F2 - INDUSTRIAL REAL | 10,414,720 | N/A | 10,414,720 | 10,414,720 |
| G - ALL MINERALS | 31,042,700 | N/A | 31,042,700 | 31,042,700 |
| J - ALL UTILITIES | 25,941,445 | N/A | 25,941,445 | 25,941,445 |
| L1 - COMMERCIAL PERSONAL | 122,887,100 | 1.0043 | 122,360,948 | 122,887,100 |
| L2 - INDUSTRIAL PERSONAL | 33,385,746 | N/A | 33,385,746 | 33,385,746 |
| M1 - MOBILE HOMES | 184,622 | N/A | 184,622 | 184,622 |
| 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 | 1,946,101,665 | 0 | 1,991,991,916 | 1,946,101,665 |
| Less Total Deductions | 385,339,913 | 0 | 385,236,830 | 385,339,913 |
| Total Taxable Value | 1,560,761,752 | 0 | 1,606,755,086 | 1,560,761,752 |
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 | 1,676,929,304 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 1,560,761,752 | 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 | 1,676,929,304 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 1,560,761,752 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 1,708,534,304 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 1,729,604,304 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 1,574,815,748 | 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 | 1,676,929,304 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 1,560,761,752 | 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 | 1,676,929,304 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 1,560,761,752 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 1,708,534,304 | T13 plus the loss to the chapter 313 agreement |
| T16 | 1,729,604,304 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 1,574,815,748 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 116,167,552 | 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 | 31,605,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 21,070,000 | 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
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 | 852,111,260 | 1.0004 | 851,770,552 | 852,111,260 |
| B - MULTIFAMILY | 287,643,728 | 0.9828 | 292,677,786 | 287,643,728 |
| C1 - VACANT LOTS | 64,430,299 | N/A | 64,430,299 | 64,430,299 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 29,959 | 0.8571 | 34,952 | 29,959 |
| 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 | 505,763,042 | 0.9238 | 547,481,102 | 505,763,042 |
| F2 - INDUSTRIAL REAL | 10,414,720 | N/A | 10,414,720 | 10,414,720 |
| G - ALL MINERALS | 31,042,700 | N/A | 31,042,700 | 31,042,700 |
| J - ALL UTILITIES | 25,941,445 | N/A | 25,941,445 | 25,941,445 |
| L1 - COMMERCIAL PERSONAL | 122,887,100 | 1.0043 | 122,360,948 | 122,887,100 |
| L2 - INDUSTRIAL PERSONAL | 33,385,746 | N/A | 33,385,746 | 33,385,746 |
| M1 - MOBILE HOMES | 184,622 | N/A | 184,622 | 184,622 |
| 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 | 1,946,101,665 | 1,991,991,916 | 1,946,101,665 | |
| Less Total Deductions | 385,339,913 | 385,236,830 | 385,339,913 | |
| Total Taxable Value | 1,560,761,752 | 1,606,755,086 | 1,560,761,752 |
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 | 1,676,929,304 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 1,560,761,752 | 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 | 1,676,929,304 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 1,560,761,752 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 1,708,534,304 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 1,729,604,304 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 1,574,815,748 | 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 | 1,676,929,304 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 1,560,761,752 | 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 | 1,676,929,304 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 1,560,761,752 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 1,708,534,304 | T13 plus the loss to the chapter 313 agreement |
| T16 | 1,729,604,304 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 1,574,815,748 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 116,167,552 | 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 | 31,605,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 21,070,000 | Loss to Second Previous Homestead Increase |