taxes Property Tax Assistance

2020 ISD Summary Worksheet

201-Rusk /Rusk County

201-904/Leveretts Chapel ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 16,980,560 0.9625 17,642,140 16,980,560
B - MULTIFAMILY 126,130 N/A 126,130 126,130
C1 - VACANT LOTS 1,357,820 N/A 1,357,820 1,357,820
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 680,411 1.0620 640,690 680,411
D2 - FARM & RANCH IMP 143,930 N/A 143,930 143,930
E - NON-AG LAND AND IMPROVEMENTS 4,690,160 0.9528 4,922,502 4,690,160
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 824,300 N/A 824,300 824,300
G - ALL MINERALS 5,575,550 0.9999 5,576,108 5,575,550
J - ALL UTILITIES 4,345,970 0.9006 4,825,638 4,345,970
L1 - COMMERCIAL PERSONAL 1,257,565 N/A 1,257,565 1,257,565
L2 - INDUSTRIAL PERSONAL 1,222,390 N/A 1,222,390 1,222,390
M1 - MOBILE HOMES 1,693,060 N/A 1,693,060 1,693,060
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 38,897,846 0 40,232,273 38,897,846
Less Total Deductions 6,673,682 0 6,878,133 6,673,682
Total Taxable Value 32,224,164 0 33,354,140 32,224,164

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
33,462,114 32,224,164 32,204,489 30,966,539


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,237,950 1,257,625


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
33,462,114 32,224,164 32,204,489 30,966,539

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

201-904-02/Leveretts Chapel ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 16,980,560 0.9625 17,642,140 16,980,560
B - MULTIFAMILY 126,130 N/A 126,130 126,130
C1 - VACANT LOTS 1,357,820 N/A 1,357,820 1,357,820
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 680,411 1.0620 640,690 680,411
D2 - FARM & RANCH IMP 143,930 N/A 143,930 143,930
E - NON-AG LAND AND IMPROVEMENTS 4,690,160 0.9528 4,922,502 4,690,160
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 824,300 N/A 824,300 824,300
G - ALL MINERALS 5,575,550 0.9999 5,576,108 5,575,550
J - ALL UTILITIES 4,345,970 0.9006 4,825,638 4,345,970
L1 - COMMERCIAL PERSONAL 1,257,565 N/A 1,257,565 1,257,565
L2 - INDUSTRIAL PERSONAL 1,222,390 N/A 1,222,390 1,222,390
M1 - MOBILE HOMES 1,693,060 N/A 1,693,060 1,693,060
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 38,897,846 40,232,273 38,897,846
Less Total Deductions 6,673,682 6,878,133 6,673,682
Total Taxable Value 32,224,164 33,354,140 32,224,164

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
33,462,114 32,224,164 32,204,489 30,966,539


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,237,950 1,257,625


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
33,462,114 32,224,164 32,204,489 30,966,539

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