taxes Property Tax Assistance

2018 ISD Summary Worksheet

061/Denton

061-914/Little Elm ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 4,399,876,859 N/A 4,399,876,859 4,399,876,859
B. Multi-Family Residences 60,352,714 N/A 60,352,714 60,352,714
C1. Vacant Lots 131,018,557 N/A 131,018,557 131,018,557
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 153,935 N/A 153,935 153,935
D2. Real Prop Farm & Ranch 1,565,639 N/A 1,565,639 1,565,639
E. Real Prop NonQual Acres 47,584,635 N/A 47,584,635 47,584,635
F1. Commercial Real 225,484,486 N/A 225,484,486 225,484,486
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 37,870,118 N/A 37,870,118 37,870,118
L1. Commercial Personal 50,763,884 N/A 50,763,884 50,763,884
L2. Industrial Personal 10,867,786 N/A 10,867,786 10,867,786
M. Other Personal 10,163,019 N/A 10,163,019 10,163,019
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 120,976,248 N/A 120,976,248 120,976,248
S. Special Inventory 589,614 N/A 589,614 589,614
Subtotal 5,097,267,494 5,097,267,494 5,097,267,494
Less Total Deductions 601,715,586   601,715,586 601,715,586
Total Taxable Value 4,495,551,908 4,495,551,908 4,495,551,908 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
4,596,711,407 4,495,551,908 4,596,711,407 4,495,551,908


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
101,159,499 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
4,596,711,407 4,495,551,908 4,596,711,407 4,495,551,908

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