taxes Property Tax Assistance

2018 ISD Summary Worksheet

061/Denton

061-912/Lake Dallas ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,643,667,462 N/A 1,643,667,462 1,643,667,462
B. Multi-Family Residences 99,459,404 N/A 99,459,404 99,459,404
C1. Vacant Lots 57,676,481 N/A 57,676,481 57,676,481
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 42,723 N/A 42,723 42,723
D2. Real Prop Farm & Ranch 1,874,335 N/A 1,874,335 1,874,335
E. Real Prop NonQual Acres 35,632,649 N/A 35,632,649 35,632,649
F1. Commercial Real 217,189,885 N/A 217,189,885 217,189,885
F2. Industrial Real 171,052 N/A 171,052 171,052
G. Oil, Gas, Minerals 1,329,670 N/A 1,329,670 1,329,670
J. Utilities 37,410,722 N/A 37,410,722 37,410,722
L1. Commercial Personal 43,056,891 N/A 43,056,891 43,056,891
L2. Industrial Personal 1,917,472 N/A 1,917,472 1,917,472
M. Other Personal 2,358,873 N/A 2,358,873 2,358,873
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 21,508,238 N/A 21,508,238 21,508,238
S. Special Inventory 150,671 N/A 150,671 150,671
Subtotal 2,163,446,528 2,163,446,528 2,163,446,528
Less Total Deductions 266,424,842   266,424,842 266,424,842
Total Taxable Value 1,897,021,686 1,897,021,686 1,897,021,686 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
1,946,135,625 1,897,021,686 1,946,135,625 1,897,021,686


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
49,113,939 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
1,946,135,625 1,897,021,686 1,946,135,625 1,897,021,686

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