taxes Property Tax Assistance

2016 ISD Summary Worksheet

227/Travis

227-912/Lago Vista ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,390,417,688 .9749 1,426,215,702 1,390,417,688
B. Multi-Family Residences 20,641,012 N/A 20,641,012 20,641,012
C1. Vacant Lots 189,911,418 .9150 207,553,462 189,911,418
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 248,737 2.1750 114,360 248,737
D2. Real Prop Farm & Ranch 279,025 N/A 279,025 279,025
E. Real Prop NonQual Acres 39,732,738 N/A 39,732,738 39,732,738
F1. Commercial Real 62,596,146 N/A 62,596,146 62,596,146
F2. Industrial Real 223,040 N/A 223,040 223,040
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,269,423 N/A 9,269,423 9,269,423
L1. Commercial Personal 11,755,906 N/A 11,755,906 11,755,906
L2. Industrial Personal 1,789,958 N/A 1,789,958 1,789,958
M. Other Personal 315,175 N/A 315,175 315,175
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 19,917,119 N/A 19,917,119 19,917,119
S. Special Inventory 35,740 N/A 35,740 35,740
Subtotal 1,747,133,125 1,800,438,806 1,747,133,125
Less Total Deductions 287,499,939   298,252,303 287,499,939
Total Taxable Value 1,459,633,186 1,502,186,503 1,459,633,186 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
1,488,009,987 1,459,633,186 1,400,388,217 1,372,011,416


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
28,376,801 87,621,770


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
1,488,009,987 1,459,633,186 1,400,388,217 1,372,011,416

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