taxes Property Tax Assistance

2023 ISD Summary Worksheet

201-Rusk/Rusk County

201-908/Overton ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 94,258,910 N/A 94,258,910 94,258,910
B - MULTIFAMILY 2,921,140 N/A 2,921,140 2,921,140
C1 - VACANT LOTS 3,193,210 N/A 3,193,210 3,193,210
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 848,765 N/A 848,765 848,765
D2 - FARM & RANCH IMP 1,170,130 N/A 1,170,130 1,170,130
E - NON-AG LAND AND IMPROVEMENTS 17,623,760 N/A 17,623,760 17,623,760
F1 - COMMERCIAL REAL 11,598,088 N/A 11,598,088 11,598,088
F2 - INDUSTRIAL REAL 2,366,220 N/A 2,366,220 2,366,220
G - ALL MINERALS 2,755,550 N/A 2,755,550 2,755,550
J - ALL UTILITIES 22,199,450 N/A 22,199,450 22,199,450
L1 - COMMERCIAL PERSONAL 2,990,480 N/A 2,990,480 2,990,480
L2 - INDUSTRIAL PERSONAL 4,176,970 N/A 4,176,970 4,176,970
M1 - MOBILE HOMES 3,551,810 N/A 3,551,810 3,551,810
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 169,654,483 0 169,654,483 169,654,483
Less Total Deductions 64,392,542 0 64,392,542 64,392,542
Total Taxable Value 105,261,941 0 105,261,941 105,261,941

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 125,509,081 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 105,261,941 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 121,034,581 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 100,787,441 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 134,269,081 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 140,109,081 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 109,742,045 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 125,509,081 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 105,261,941 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 121,034,581 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 100,787,441 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 134,269,081 T13 plus the loss to the chapter 313 agreement
T16 140,109,081 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 109,742,045 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 20,247,140 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 4,474,500 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 8,760,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 5,840,000 Loss to Second Previous Homestead Increase

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

201-908-02/Overton ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 94,258,910 N/A 94,258,910 94,258,910
B - MULTIFAMILY 2,921,140 N/A 2,921,140 2,921,140
C1 - VACANT LOTS 3,193,210 N/A 3,193,210 3,193,210
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 848,765 N/A 848,765 848,765
D2 - FARM & RANCH IMP 1,170,130 N/A 1,170,130 1,170,130
E - NON-AG LAND AND IMPROVEMENTS 17,623,760 N/A 17,623,760 17,623,760
F1 - COMMERCIAL REAL 11,598,088 N/A 11,598,088 11,598,088
F2 - INDUSTRIAL REAL 2,366,220 N/A 2,366,220 2,366,220
G - ALL MINERALS 2,755,550 N/A 2,755,550 2,755,550
J - ALL UTILITIES 22,199,450 N/A 22,199,450 22,199,450
L1 - COMMERCIAL PERSONAL 2,990,480 N/A 2,990,480 2,990,480
L2 - INDUSTRIAL PERSONAL 4,176,970 N/A 4,176,970 4,176,970
M1 - MOBILE HOMES 3,551,810 N/A 3,551,810 3,551,810
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 169,654,483 169,654,483 169,654,483
Less Total Deductions 64,392,542 64,392,542 64,392,542
Total Taxable Value 105,261,941 105,261,941 105,261,941

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 125,509,081 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 105,261,941 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 121,034,581 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 100,787,441 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 134,269,081 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 140,109,081 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 109,742,045 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 125,509,081 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 105,261,941 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 121,034,581 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 100,787,441 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 134,269,081 T13 plus the loss to the chapter 313 agreement
T16 140,109,081 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 109,742,045 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 20,247,140 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 4,474,500 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 8,760,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 5,840,000 Loss to Second Previous Homestead Increase