taxes Property Tax Assistance

2018 ISD Summary Worksheet

227/Travis

227-912/Lago Vista ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,733,302,585 .9663 1,793,752,028 1,733,302,585
B. Multi-Family Residences 26,056,620 N/A 26,056,620 26,056,620
C1. Vacant Lots 184,016,106 .8629 213,253,107 184,016,106
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 273,760 2.3244 117,775 273,760
D2. Real Prop Farm & Ranch 358,837 N/A 358,837 358,837
E. Real Prop NonQual Acres 53,531,859 N/A 53,531,859 53,531,859
F1. Commercial Real 80,476,058 N/A 80,476,058 80,476,058
F2. Industrial Real 278,483 N/A 278,483 278,483
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 8,893,083 N/A 8,893,083 8,893,083
L1. Commercial Personal 12,494,642 N/A 12,494,642 12,494,642
L2. Industrial Personal 2,498,759 N/A 2,498,759 2,498,759
M. Other Personal 670,046 N/A 670,046 670,046
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 11,548,261 N/A 11,548,261 11,548,261
S. Special Inventory 0 N/A 0 0
Subtotal 2,114,399,099 2,203,929,558 2,114,399,099
Less Total Deductions 363,588,020   381,848,445 363,588,020
Total Taxable Value 1,750,811,079 1,822,081,113 1,750,811,079 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
1,782,070,747 1,750,811,079 1,671,323,863 1,640,064,195


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
31,259,668 110,746,884


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
1,782,070,747 1,750,811,079 1,671,323,863 1,640,064,195

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