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2011 ISD Summary Worksheet

220/Tarrant

220-910/Lake Worth ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTAD Value Estimate 2011 Value Assigned
A. Single-Family Residences 253,813,112 1.0164 249,717,741 253,813,112
B. Multi-Family Residences 67,247,525 .8924 75,355,810 67,247,525
C. Vacant Lots 22,742,371 N/A 22,742,371 22,742,371
D. Rural Real(Taxable) 12,934,226 1.0010 12,921,269 12,934,226
F1. Commercial Real 253,458,099 .8840 286,717,307 253,458,099
F2. Industrial Real 5,493,475 N/A 5,493,475 5,493,475
G. Oil, Gas, Minerals 54,167,590 .9916 54,626,452 54,167,590
J. Utilities 15,525,027 N/A 15,525,027 15,525,027
L1. Commercial Personal 72,310,962 1.0507 68,821,702 72,310,962
L2. Industrial Personal 7,823,547 N/A 7,823,547 7,823,547
M. Other Personal 231,700 N/A 231,700 231,700
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 1,291,996 N/A 1,291,996 1,291,996
S. Special Inventory 0 N/A 0 0
Subtotal 767,039,630 801,268,397 767,039,630
Less Total Deductions 66,653,162   65,873,905 66,653,162
Total Taxable Value 700,386,468 735,394,492 700,386,468 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 12,894,123 N/A 12,894,123
Prod Value Qualified Acres 40,103 1.4773 27,146
Taxable Value 12,934,226   12,921,269

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
721,532,311 700,386,468 721,532,311 700,386,468 700,772,157 700,772,157


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,145,843 0


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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
721,532,311 700,386,468 721,532,311 700,386,468 700,772,157 700,772,157

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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

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