taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

061/Denton

061-912/Lake Dallas ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,162,183,268 .9620 1,208,090,715 1,162,183,268
B. Multi-Family Residences 56,802,802 N/A 56,802,802 56,802,802
C1. Vacant Lots 56,029,099 N/A 56,029,099 56,029,099
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 68,180 1.0087 67,593 68,180
D2. Real Prop Farm & Ranch 1,329,954 N/A 1,329,954 1,329,954
E. Real Prop NonQual Acres 30,762,019 N/A 30,762,019 30,762,019
F1. Commercial Real 193,089,282 .9474 203,809,671 193,089,282
F2. Industrial Real 138,600 N/A 138,600 138,600
G. Oil, Gas, Minerals 2,697,160 N/A 2,697,160 2,697,160
J. Utilities 22,770,156 N/A 22,770,156 22,770,156
L1. Commercial Personal 55,106,413 N/A 55,106,413 55,106,413
L2. Industrial Personal 1,479,160 N/A 1,479,160 1,479,160
M. Other Personal 2,039,721 N/A 2,039,721 2,039,721
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 14,475,597 N/A 14,475,597 14,475,597
S. Special Inventory 7,492 N/A 7,492 7,492
Subtotal 1,598,978,903 1,655,606,152 1,598,978,903
Less Total Deductions 179,005,622   186,301,196 179,005,622
Total Taxable Value 1,419,973,281 1,469,304,956 1,419,973,281 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
1,466,510,596 1,419,973,281 1,466,510,596 1,419,973,281


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
46,537,315 0


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

Value Taxable For I&S Purposes

T7 T8 T9 T10
1,466,510,596 1,419,973,281 1,466,510,596 1,419,973,281

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

The PVS found your local value to be valid, and local value was certified