taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

227/Travis

227-912/Lago Vista ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 1,210,052,030 .9229 1,311,141,001 1,210,052,030
B. Multi-Family Residences 16,873,423 N/A 16,873,423 16,873,423
C1. Vacant Lots 184,427,056 .8347 220,950,109 184,427,056
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 229,711 2.0506 112,020 229,711
D2. Real Prop Farm & Ranch 265,476 N/A 265,476 265,476
E. Real Prop NonQual Acres 43,045,901 N/A 43,045,901 43,045,901
F1. Commercial Real 59,368,872 N/A 59,368,872 59,368,872
F2. Industrial Real 200,300 N/A 200,300 200,300
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,546,869 N/A 9,546,869 9,546,869
L1. Commercial Personal 14,422,971 N/A 14,422,971 14,422,971
L2. Industrial Personal 2,064,620 N/A 2,064,620 2,064,620
M. Other Personal 479,384 N/A 479,384 479,384
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 6,098,279 N/A 6,098,279 6,098,279
S. Special Inventory 5,003 N/A 5,003 5,003
Subtotal 1,547,079,895 1,684,574,228 1,547,079,895
Less Total Deductions 199,557,920   227,346,992 199,557,920
Total Taxable Value 1,347,521,975 1,457,227,236 1,347,521,975 T2*

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
1,376,860,795 1,347,521,975 1,301,869,697 1,272,530,877 1,363,468,036 1,288,476,938


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
29,338,820 74,991,098


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
1,376,860,795 1,347,521,975 1,301,869,697 1,272,530,877 1,363,468,036 1,288,476,938

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value invalid, but local value was certified because your school district is in year one of the grace period.