taxes Property Tax Assistance

2022 ISD Summary Worksheet

220-Tarrant/Tarrant County

220-910/Lake Worth ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	670,122,157	N/A	670,122,157	670,122,157
B - MULTIFAMILY	220,775,426	N/A	220,775,426	220,775,426
C1 - VACANT LOTS	60,029,205	N/A	60,029,205	60,029,205
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	33,986	N/A	33,986	33,986
D2 - FARM & RANCH IMP	8,730	N/A	8,730	8,730
E - NON-AG LAND AND IMPROVEMENTS	0	N/A	0	0
F1 - COMMERCIAL REAL	447,174,732	N/A	447,174,732	447,174,732
F2 - INDUSTRIAL REAL	9,864,558	N/A	9,864,558	9,864,558
G - ALL MINERALS	12,053,070	N/A	12,053,070	12,053,070
J - ALL UTILITIES	25,249,422	N/A	25,249,422	25,249,422
L1 - COMMERCIAL PERSONAL	105,351,968	N/A	105,351,968	105,351,968
L2 - INDUSTRIAL PERSONAL	34,454,373	N/A	34,454,373	34,454,373
M1 - MOBILE HOMES	192,198	N/A	192,198	192,198
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	7,710,334	N/A	7,710,334	7,710,334
S - SPECIAL INVENTORY	4,461,812	N/A	4,461,812	4,461,812
Subtotal	1,597,481,971	0	1,597,481,971	1,597,481,971
Less Total Deductions	221,179,713	0	221,179,713	221,179,713
Total Taxable Value	1,376,302,258	0	1,376,302,258	1,376,302,258

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	T13
1,405,695,739	1,376,302,258	1,405,695,739	1,376,302,258	1,426,955,739

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
29,393,481	0	21,260,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
1,405,695,739	1,376,302,258	1,405,695,739	1,376,302,258	1,426,955,739

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

220-910-02/Lake Worth ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	670,122,157	N/A	670,122,157	670,122,157
B - MULTIFAMILY	220,775,426	N/A	220,775,426	220,775,426
C1 - VACANT LOTS	60,029,205	N/A	60,029,205	60,029,205
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	33,986	N/A	33,986	33,986
D2 - FARM & RANCH IMP	8,730	N/A	8,730	8,730
E - NON-AG LAND AND IMPROVEMENTS	0	N/A	0	0
F1 - COMMERCIAL REAL	447,174,732	N/A	447,174,732	447,174,732
F2 - INDUSTRIAL REAL	9,864,558	N/A	9,864,558	9,864,558
G - ALL MINERALS	12,053,070	N/A	12,053,070	12,053,070
J - ALL UTILITIES	25,249,422	N/A	25,249,422	25,249,422
L1 - COMMERCIAL PERSONAL	105,351,968	N/A	105,351,968	105,351,968
L2 - INDUSTRIAL PERSONAL	34,454,373	N/A	34,454,373	34,454,373
M1 - MOBILE HOMES	192,198	N/A	192,198	192,198
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	7,710,334	N/A	7,710,334	7,710,334
S - SPECIAL INVENTORY	4,461,812	N/A	4,461,812	4,461,812
Subtotal	1,597,481,971		1,597,481,971	1,597,481,971
Less Total Deductions	221,179,713		221,179,713	221,179,713
Total Taxable Value	1,376,302,258		1,376,302,258	1,376,302,258

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	T13
1,405,695,739	1,376,302,258	1,405,695,739	1,376,302,258	1,426,955,739

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
29,393,481	0	21,260,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
1,405,695,739	1,376,302,258	1,405,695,739	1,376,302,258	1,426,955,739

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement