taxes Property Tax Assistance

2021 ISD Summary Worksheet

227-Travis /Travis County

227-913/Lake Travis ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 15,031,602,856 0.9386 16,014,918,875 15,031,602,856
B - MULTIFAMILY 562,252,512 0.9379 599,480,235 562,252,512
C1 - VACANT LOTS 528,260,688 0.7407 713,191,154 528,260,688
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,042,948 4.2463 481,110 2,042,948
D2 - FARM & RANCH IMP 3,600,253 N/A 3,600,253 3,600,253
E - NON-AG LAND AND IMPROVEMENTS 264,928,304 N/A 264,928,304 264,928,304
F1 - COMMERCIAL REAL 2,066,787,346 0.9557 2,162,590,087 2,066,787,346
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 38,339,811 N/A 38,339,811 38,339,811
L1 - COMMERCIAL PERSONAL 239,004,984 N/A 239,004,984 239,004,984
L2 - INDUSTRIAL PERSONAL 3,252,780 N/A 3,252,780 3,252,780
M1 - MOBILE HOMES 4,186,081 N/A 4,186,081 4,186,081
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 166,232,985 N/A 166,232,985 166,232,985
S - SPECIAL INVENTORY 5,694,648 N/A 5,694,648 5,694,648
Subtotal 18,916,186,196 0 20,215,901,307 18,916,186,196
Less Total Deductions 2,547,134,652 0 2,813,473,668 2,547,134,652
Total Taxable Value 16,369,051,544 0 17,402,427,639 16,369,051,544

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
16,539,572,339 16,369,051,544 15,472,207,124 15,301,686,329


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
170,520,795 1,067,365,215


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
16,539,572,339 16,369,051,544 15,472,207,124 15,301,686,329

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

227-913-02/Lake Travis ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 15,031,602,856 0.9386 16,014,918,875 15,031,602,856
B - MULTIFAMILY 562,252,512 0.9379 599,480,235 562,252,512
C1 - VACANT LOTS 528,260,688 0.7407 713,191,154 528,260,688
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,042,948 4.2463 481,110 2,042,948
D2 - FARM & RANCH IMP 3,600,253 N/A 3,600,253 3,600,253
E - NON-AG LAND AND IMPROVEMENTS 264,928,304 N/A 264,928,304 264,928,304
F1 - COMMERCIAL REAL 2,066,787,346 0.9557 2,162,590,087 2,066,787,346
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 38,339,811 N/A 38,339,811 38,339,811
L1 - COMMERCIAL PERSONAL 239,004,984 N/A 239,004,984 239,004,984
L2 - INDUSTRIAL PERSONAL 3,252,780 N/A 3,252,780 3,252,780
M1 - MOBILE HOMES 4,186,081 N/A 4,186,081 4,186,081
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 166,232,985 N/A 166,232,985 166,232,985
S - SPECIAL INVENTORY 5,694,648 N/A 5,694,648 5,694,648
Subtotal 18,916,186,196 20,215,901,307 18,916,186,196
Less Total Deductions 2,547,134,652 2,813,473,668 2,547,134,652
Total Taxable Value 16,369,051,544 17,402,427,639 16,369,051,544

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
16,539,572,339 16,369,051,544 15,472,207,124 15,301,686,329


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
170,520,795 1,067,365,215


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
16,539,572,339 16,369,051,544 15,472,207,124 15,301,686,329

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