taxes Property Tax Assistance

2023 ISD Summary Worksheet

037-Cherokee/Cherokee County

037-907/Rusk ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 314,052,540 0.9691 324,066,185 314,052,540
B - MULTIFAMILY 3,106,800 N/A 3,106,800 3,106,800
C1 - VACANT LOTS 9,001,754 N/A 9,001,754 9,001,754
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,256,382 1.1113 17,327,525 19,256,382
D2 - FARM & RANCH IMP 11,318,970 N/A 11,318,970 11,318,970
E - NON-AG LAND AND IMPROVEMENTS 338,965,416 0.8388 404,107,554 338,965,416
F1 - COMMERCIAL REAL 53,782,263 0.9137 58,862,059 53,782,263
F2 - INDUSTRIAL REAL 6,240,060 N/A 6,240,060 6,240,060
G - ALL MINERALS 16,293,009 N/A 16,293,009 16,293,009
J - ALL UTILITIES 45,815,210 0.9910 46,231,292 45,815,210
L1 - COMMERCIAL PERSONAL 18,608,870 N/A 18,608,870 18,608,870
L2 - INDUSTRIAL PERSONAL 24,964,900 N/A 24,964,900 24,964,900
M1 - MOBILE HOMES 24,176,790 N/A 24,176,790 24,176,790
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 60,910 N/A 60,910 60,910
S - SPECIAL INVENTORY 201,060 N/A 201,060 201,060
Subtotal 885,844,934 0 964,567,738 885,844,934
Less Total Deductions 344,959,193 0 352,988,653 344,959,193
Total Taxable Value 540,885,741 0 611,579,085 540,885,741

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

Measure Value Description
T1 632,750,745 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 540,885,741 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 632,750,745 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 540,885,741 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 671,645,745 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 697,575,745 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 563,595,220 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 632,750,745 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 540,885,741 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 632,750,745 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 540,885,741 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 671,645,745 T13 plus the loss to the chapter 313 agreement
T16 697,575,745 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 563,595,220 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 91,865,004 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 38,895,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 25,930,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

201-Rusk/Rusk County

037-907/Rusk ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 6,589,660 N/A 6,589,660 6,589,660
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 235,710 N/A 235,710 235,710
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 795,560 N/A 795,560 795,560
D2 - FARM & RANCH IMP 1,032,540 N/A 1,032,540 1,032,540
E - NON-AG LAND AND IMPROVEMENTS 6,881,090 N/A 6,881,090 6,881,090
F1 - COMMERCIAL REAL 121,500 N/A 121,500 121,500
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 83,230 N/A 83,230 83,230
J - ALL UTILITIES 4,096,060 N/A 4,096,060 4,096,060
L1 - COMMERCIAL PERSONAL 5,000 N/A 5,000 5,000
L2 - INDUSTRIAL PERSONAL 235,270 N/A 235,270 235,270
M1 - MOBILE HOMES 621,640 N/A 621,640 621,640
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 20,697,260 0 20,697,260 20,697,260
Less Total Deductions 7,951,523 0 7,951,523 7,951,523
Total Taxable Value 12,745,737 0 12,745,737 12,745,737

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

Measure Value Description
T1 15,268,337 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 12,745,737 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 15,268,337 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 12,745,737 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 16,378,337 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 17,118,337 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 13,542,590 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 15,268,337 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 12,745,737 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 15,268,337 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 12,745,737 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 16,378,337 T13 plus the loss to the chapter 313 agreement
T16 17,118,337 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 13,542,590 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,522,600 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,110,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 740,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

037-907-02/Rusk ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 320,642,200 0.9697 330,655,845 320,642,200
B - MULTIFAMILY 3,106,800 N/A 3,106,800 3,106,800
C1 - VACANT LOTS 9,237,464 N/A 9,237,464 9,237,464
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 20,051,942 1.1064 18,123,085 20,051,942
D2 - FARM & RANCH IMP 12,351,510 N/A 12,351,510 12,351,510
E - NON-AG LAND AND IMPROVEMENTS 345,846,506 0.8415 410,988,644 345,846,506
F1 - COMMERCIAL REAL 53,903,763 0.9139 58,983,559 53,903,763
F2 - INDUSTRIAL REAL 6,240,060 N/A 6,240,060 6,240,060
G - ALL MINERALS 16,376,239 N/A 16,376,239 16,376,239
J - ALL UTILITIES 49,911,270 0.9917 50,327,352 49,911,270
L1 - COMMERCIAL PERSONAL 18,613,870 N/A 18,613,870 18,613,870
L2 - INDUSTRIAL PERSONAL 25,200,170 N/A 25,200,170 25,200,170
M1 - MOBILE HOMES 24,798,430 N/A 24,798,430 24,798,430
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 60,910 N/A 60,910 60,910
S - SPECIAL INVENTORY 201,060 N/A 201,060 201,060
Subtotal 906,542,194 985,264,998 906,542,194
Less Total Deductions 352,910,716 360,940,176 352,910,716
Total Taxable Value 553,631,478 624,324,822 553,631,478

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

Measure Value Description
T1 648,019,082 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 553,631,478 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 648,019,082 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 553,631,478 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 688,024,082 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 714,694,082 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 577,137,810 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 648,019,082 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 553,631,478 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 648,019,082 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 553,631,478 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 688,024,082 T13 plus the loss to the chapter 313 agreement
T16 714,694,082 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 577,137,810 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 94,387,604 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 40,005,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 26,670,000 Loss to Second Previous Homestead Increase