taxes Property Tax Assistance

2024 ISD Summary Worksheet

Lake Worth ISD (all splits)   Tarrant County  

220-Tarrant/Tarrant County

220-910/Lake Worth ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 830,342,707 N/A 830,342,707 830,342,707
B - MULTIFAMILY 353,926,047 N/A 353,926,047 353,926,047
C1 - VACANT LOTS 55,501,399 N/A 55,501,399 55,501,399
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 28,520 N/A 28,520 28,520
D2 - FARM & RANCH IMP 6,795 N/A 6,795 6,795
E - NON-AG LAND AND IMPROVEMENTS 0 N/A 0 0
F1 - COMMERCIAL REAL 575,986,641 N/A 575,986,641 575,986,641
F2 - INDUSTRIAL REAL 10,796,778 N/A 10,796,778 10,796,778
G - ALL MINERALS 3,288,960 N/A 3,288,960 3,288,960
J - ALL UTILITIES 33,882,015 N/A 33,882,015 33,882,015
L1 - COMMERCIAL PERSONAL 130,070,267 N/A 130,070,267 130,070,267
L2 - INDUSTRIAL PERSONAL 31,587,609 N/A 31,587,609 31,587,609
M1 - MOBILE HOMES 220,457 N/A 220,457 220,457
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 4,623,465 N/A 4,623,465 4,623,465
S - SPECIAL INVENTORY 5,698,759 N/A 5,698,759 5,698,759
Subtotal 2,035,960,419 0 2,035,960,419 2,035,960,419
Less Total Deductions 357,134,767 0 357,134,767 357,134,767
Total Taxable Value 1,678,825,652 0 1,678,825,652 1,678,825,652

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 1,794,880,465 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,678,825,652 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,794,880,465 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,678,825,652 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,826,050,465 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,846,830,465 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,689,460,611 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 1,794,880,465 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,678,825,652 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,794,880,465 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,678,825,652 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,826,050,465 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,846,830,465 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,689,460,611 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 116,054,813 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 31,170,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 20,780,000 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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220-910-02/Lake Worth ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 830,342,707 N/A 830,342,707 830,342,707
B - MULTIFAMILY 353,926,047 N/A 353,926,047 353,926,047
C1 - VACANT LOTS 55,501,399 N/A 55,501,399 55,501,399
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 28,520 N/A 28,520 28,520
D2 - FARM & RANCH IMP 6,795 N/A 6,795 6,795
E - NON-AG LAND AND IMPROVEMENTS 0 N/A 0 0
F1 - COMMERCIAL REAL 575,986,641 N/A 575,986,641 575,986,641
F2 - INDUSTRIAL REAL 10,796,778 N/A 10,796,778 10,796,778
G - ALL MINERALS 3,288,960 N/A 3,288,960 3,288,960
J - ALL UTILITIES 33,882,015 N/A 33,882,015 33,882,015
L1 - COMMERCIAL PERSONAL 130,070,267 N/A 130,070,267 130,070,267
L2 - INDUSTRIAL PERSONAL 31,587,609 N/A 31,587,609 31,587,609
M1 - MOBILE HOMES 220,457 N/A 220,457 220,457
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 4,623,465 N/A 4,623,465 4,623,465
S - SPECIAL INVENTORY 5,698,759 N/A 5,698,759 5,698,759
Subtotal 2,035,960,419 2,035,960,419 2,035,960,419
Less Total Deductions 357,134,767 357,134,767 357,134,767
Total Taxable Value 1,678,825,652 1,678,825,652 1,678,825,652

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 1,794,880,465 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,678,825,652 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,794,880,465 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,678,825,652 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,826,050,465 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,846,830,465 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,689,460,611 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 1,794,880,465 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,678,825,652 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,794,880,465 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,678,825,652 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,826,050,465 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,846,830,465 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,689,460,611 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 116,054,813 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 31,170,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 20,780,000 Loss to the third most recent increase in the state-mandated homestead exemption

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