taxes Property Tax Assistance

2022 ISD Summary Worksheet

061-Denton /Denton County

061-912/Lake Dallas ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	2,661,591,858	N/A	2,661,591,858	2,661,591,858
B - MULTIFAMILY	182,084,863	N/A	182,084,863	182,084,863
C1 - VACANT LOTS	96,533,947	N/A	96,533,947	96,533,947
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	24,520	N/A	24,520	24,520
D2 - FARM & RANCH IMP	1,935,625	N/A	1,935,625	1,935,625
E - NON-AG LAND AND IMPROVEMENTS	56,440,715	N/A	56,440,715	56,440,715
F1 - COMMERCIAL REAL	314,277,768	N/A	314,277,768	314,277,768
F2 - INDUSTRIAL REAL	230,240	N/A	230,240	230,240
G - ALL MINERALS	973,650	N/A	973,650	973,650
J - ALL UTILITIES	41,745,408	N/A	41,745,408	41,745,408
L1 - COMMERCIAL PERSONAL	47,733,415	N/A	47,733,415	47,733,415
L2 - INDUSTRIAL PERSONAL	2,199,004	N/A	2,199,004	2,199,004
M1 - MOBILE HOMES	1,880,856	N/A	1,880,856	1,880,856
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	11,271,299	N/A	11,271,299	11,271,299
S - SPECIAL INVENTORY	9,389,274	N/A	9,389,274	9,389,274
Subtotal	3,428,312,442	0	3,428,312,442	3,428,312,442
Less Total Deductions	599,498,220	0	599,498,220	599,498,220
Total Taxable Value	2,828,814,222	0	2,828,814,222	2,828,814,222

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
2,908,677,843	2,828,814,222	2,908,677,843	2,828,814,222	2,963,887,843

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
79,863,621	0	55,210,000

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
2,908,677,843	2,828,814,222	2,908,677,843	2,828,814,222	2,963,887,843

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

061-912-02/Lake Dallas ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	2,661,591,858	N/A	2,661,591,858	2,661,591,858
B - MULTIFAMILY	182,084,863	N/A	182,084,863	182,084,863
C1 - VACANT LOTS	96,533,947	N/A	96,533,947	96,533,947
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	24,520	N/A	24,520	24,520
D2 - FARM & RANCH IMP	1,935,625	N/A	1,935,625	1,935,625
E - NON-AG LAND AND IMPROVEMENTS	56,440,715	N/A	56,440,715	56,440,715
F1 - COMMERCIAL REAL	314,277,768	N/A	314,277,768	314,277,768
F2 - INDUSTRIAL REAL	230,240	N/A	230,240	230,240
G - ALL MINERALS	973,650	N/A	973,650	973,650
J - ALL UTILITIES	41,745,408	N/A	41,745,408	41,745,408
L1 - COMMERCIAL PERSONAL	47,733,415	N/A	47,733,415	47,733,415
L2 - INDUSTRIAL PERSONAL	2,199,004	N/A	2,199,004	2,199,004
M1 - MOBILE HOMES	1,880,856	N/A	1,880,856	1,880,856
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	11,271,299	N/A	11,271,299	11,271,299
S - SPECIAL INVENTORY	9,389,274	N/A	9,389,274	9,389,274
Subtotal	3,428,312,442		3,428,312,442	3,428,312,442
Less Total Deductions	599,498,220		599,498,220	599,498,220
Total Taxable Value	2,828,814,222		2,828,814,222	2,828,814,222

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
2,908,677,843	2,828,814,222	2,908,677,843	2,828,814,222	2,963,887,843

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
79,863,621	0	55,210,000

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
2,908,677,843	2,828,814,222	2,908,677,843	2,828,814,222	2,963,887,843

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