taxes Property Tax Assistance

2024 ISD Summary Worksheet

Little Elm ISD (all splits)   Denton County  

061-Denton/Denton County

061-914/Little Elm ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 9,975,461,285 N/A 9,975,461,285 9,975,461,285
B - MULTIFAMILY 148,284,343 N/A 148,284,343 148,284,343
C1 - VACANT LOTS 192,713,385 N/A 192,713,385 192,713,385
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 73,741 N/A 73,741 73,741
D2 - FARM & RANCH IMP 3,200,158 N/A 3,200,158 3,200,158
E - NON-AG LAND AND IMPROVEMENTS 105,756,439 N/A 105,756,439 105,756,439
F1 - COMMERCIAL REAL 427,918,799 N/A 427,918,799 427,918,799
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 69,918,921 N/A 69,918,921 69,918,921
L1 - COMMERCIAL PERSONAL 73,985,785 N/A 73,985,785 73,985,785
L2 - INDUSTRIAL PERSONAL 83,230,552 N/A 83,230,552 83,230,552
M1 - MOBILE HOMES 20,925,235 N/A 20,925,235 20,925,235
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 78,213,332 N/A 78,213,332 78,213,332
S - SPECIAL INVENTORY 309,706 N/A 309,706 309,706
Subtotal 11,179,991,681 0 11,179,991,681 11,179,991,681
Less Total Deductions 3,238,812,602 0 3,238,812,602 3,238,812,602
Total Taxable Value 7,941,179,079 0 7,941,179,079 7,941,179,079

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's office 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 school 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 8,799,527,086 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 7,941,179,079 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 8,799,527,086 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 7,941,179,079 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,023,057,086 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 9,172,077,086 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 7,943,839,053 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 8,799,527,086 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 7,941,179,079 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 8,799,527,086 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 7,941,179,079 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,023,057,086 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 9,172,077,086 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 7,943,839,053 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 858,348,007 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 223,530,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 149,020,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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061-914-02/Little Elm ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 9,975,461,285 N/A 9,975,461,285 9,975,461,285
B - MULTIFAMILY 148,284,343 N/A 148,284,343 148,284,343
C1 - VACANT LOTS 192,713,385 N/A 192,713,385 192,713,385
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 73,741 N/A 73,741 73,741
D2 - FARM & RANCH IMP 3,200,158 N/A 3,200,158 3,200,158
E - NON-AG LAND AND IMPROVEMENTS 105,756,439 N/A 105,756,439 105,756,439
F1 - COMMERCIAL REAL 427,918,799 N/A 427,918,799 427,918,799
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 69,918,921 N/A 69,918,921 69,918,921
L1 - COMMERCIAL PERSONAL 73,985,785 N/A 73,985,785 73,985,785
L2 - INDUSTRIAL PERSONAL 83,230,552 N/A 83,230,552 83,230,552
M1 - MOBILE HOMES 20,925,235 N/A 20,925,235 20,925,235
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 78,213,332 N/A 78,213,332 78,213,332
S - SPECIAL INVENTORY 309,706 N/A 309,706 309,706
Subtotal 11,179,991,681 11,179,991,681 11,179,991,681
Less Total Deductions 3,238,812,602 3,238,812,602 3,238,812,602
Total Taxable Value 7,941,179,079 7,941,179,079 7,941,179,079

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's office 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 school 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 8,799,527,086 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 7,941,179,079 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 8,799,527,086 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 7,941,179,079 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,023,057,086 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 9,172,077,086 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 7,943,839,053 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 8,799,527,086 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 7,941,179,079 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 8,799,527,086 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 7,941,179,079 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,023,057,086 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 9,172,077,086 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 7,943,839,053 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 858,348,007 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 223,530,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 149,020,000 Loss to the third most recent increase in the state-mandated homestead exemption

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