taxes Property Tax Assistance

2022 ISD Summary Worksheet

061-Denton /Denton County

061-914/Little Elm ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	8,053,966,781	N/A	8,053,966,781	8,053,966,781
B - MULTIFAMILY	87,623,788	N/A	87,623,788	87,623,788
C1 - VACANT LOTS	125,310,961	N/A	125,310,961	125,310,961
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	82,736	N/A	82,736	82,736
D2 - FARM & RANCH IMP	1,989,979	N/A	1,989,979	1,989,979
E - NON-AG LAND AND IMPROVEMENTS	79,748,282	N/A	79,748,282	79,748,282
F1 - COMMERCIAL REAL	324,214,145	N/A	324,214,145	324,214,145
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	51,268,202	N/A	51,268,202	51,268,202
L1 - COMMERCIAL PERSONAL	60,447,433	N/A	60,447,433	60,447,433
L2 - INDUSTRIAL PERSONAL	39,189,284	N/A	39,189,284	39,189,284
M1 - MOBILE HOMES	14,282,643	N/A	14,282,643	14,282,643
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	60,576,156	N/A	60,576,156	60,576,156
S - SPECIAL INVENTORY	415,416	N/A	415,416	415,416
Subtotal	8,899,115,806	0	8,899,115,806	8,899,115,806
Less Total Deductions	1,667,536,725	0	1,667,536,725	1,667,536,725
Total Taxable Value	7,231,579,081	0	7,231,579,081	7,231,579,081

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
7,426,006,599	7,231,579,081	7,426,006,599	7,231,579,081	7,561,136,599

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
194,427,518	0	135,130,000

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
7,426,006,599	7,231,579,081	7,426,006,599	7,231,579,081	7,561,136,599

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

061-914-02/Little Elm ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	8,053,966,781	N/A	8,053,966,781	8,053,966,781
B - MULTIFAMILY	87,623,788	N/A	87,623,788	87,623,788
C1 - VACANT LOTS	125,310,961	N/A	125,310,961	125,310,961
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	82,736	N/A	82,736	82,736
D2 - FARM & RANCH IMP	1,989,979	N/A	1,989,979	1,989,979
E - NON-AG LAND AND IMPROVEMENTS	79,748,282	N/A	79,748,282	79,748,282
F1 - COMMERCIAL REAL	324,214,145	N/A	324,214,145	324,214,145
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	51,268,202	N/A	51,268,202	51,268,202
L1 - COMMERCIAL PERSONAL	60,447,433	N/A	60,447,433	60,447,433
L2 - INDUSTRIAL PERSONAL	39,189,284	N/A	39,189,284	39,189,284
M1 - MOBILE HOMES	14,282,643	N/A	14,282,643	14,282,643
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	60,576,156	N/A	60,576,156	60,576,156
S - SPECIAL INVENTORY	415,416	N/A	415,416	415,416
Subtotal	8,899,115,806		8,899,115,806	8,899,115,806
Less Total Deductions	1,667,536,725		1,667,536,725	1,667,536,725
Total Taxable Value	7,231,579,081		7,231,579,081	7,231,579,081

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
7,426,006,599	7,231,579,081	7,426,006,599	7,231,579,081	7,561,136,599

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
194,427,518	0	135,130,000

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
7,426,006,599	7,231,579,081	7,426,006,599	7,231,579,081	7,561,136,599

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