taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

061/Denton

061-914/Little Elm ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 2,521,445,435 .9648 2,613,438,469 2,521,445,435
B. Multi-Family Residences 23,663,919 N/A 23,663,919 23,663,919
C1. Vacant Lots 134,453,922 N/A 134,453,922 134,453,922
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 244,476 .9856 248,057 244,476
D2. Real Prop Farm & Ranch 1,226,073 N/A 1,226,073 1,226,073
E. Real Prop NonQual Acres 58,022,791 N/A 58,022,791 58,022,791
F1. Commercial Real 166,038,923 1.0173 163,215,298 166,038,923
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 28,320,071 N/A 28,320,071 28,320,071
L1. Commercial Personal 38,940,705 N/A 38,940,705 38,940,705
L2. Industrial Personal 4,484,493 N/A 4,484,493 4,484,493
M. Other Personal 8,024,819 N/A 8,024,819 8,024,819
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 38,098,984 N/A 38,098,984 38,098,984
S. Special Inventory 84,819 N/A 84,819 84,819
Subtotal 3,023,049,430 3,112,222,420 3,023,049,430
Less Total Deductions 350,022,626   368,371,058 350,022,626
Total Taxable Value 2,673,026,804 2,743,851,362 2,673,026,804 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
2,750,897,925 2,673,026,804 2,750,897,925 2,673,026,804


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
77,871,121 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
2,750,897,925 2,673,026,804 2,750,897,925 2,673,026,804

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