taxes Property Tax Assistance

2018 ISD Summary Worksheet

201-Rusk

201-908/Overton ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 58,150,460 0.9828 59,168,152 58,150,460
B. MULTIFAMILY RESIDENCES 1,795,900 N/A 1,795,900 1,795,900
C1. VACANT LOTS 1,359,440 N/A 1,359,440 1,359,440
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 845,930 1.0920 774,652 845,930
D2. REAL PROP:FARM & RANCH 600,250 N/A 600,250 600,250
E. REAL PROP NONQUAL ACREAGE 9,529,950 0.8806 10,822,110 9,529,950
F1. COMMERCIAL REAL 6,971,720 0.8391 8,308,569 6,971,720
F2. INDUSTRIAL REAL 267,440 N/A 267,440 267,440
G. OIL,GAS,MINERALS 1,893,140 N/A 1,893,140 1,893,140
J. UTILITIES 10,693,000 0.9269 11,536,304 10,693,000
L1. COMMERCIAL PERSONAL 3,459,290 N/A 3,459,290 3,459,290
L2. INDUSTRIAL PERSONAL 4,376,330 N/A 4,376,330 4,376,330
M. MOBILE HOMES 1,645,950 N/A 1,645,950 1,645,950
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 101,588,800 0 106,007,527 101,588,800
Less Total Deductions 26,373,289 0 26,738,166 26,373,289
Total Taxable Value 75,215,511 0 79,269,361 75,215,511

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
75,215,511 75,215,511 70,489,801 70,489,801


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 4,725,710


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
75,215,511 75,215,511 70,489,801 70,489,801

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

201-908-02/Overton ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 58,150,460 0.9828 59,168,152 58,150,460
B. MULTIFAMILY RESIDENCES 1,795,900 N/A 1,795,900 1,795,900
C1. VACANT LOTS 1,359,440 N/A 1,359,440 1,359,440
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 845,930 1.0920 774,652 845,930
D2. REAL PROP:FARM & RANCH 600,250 N/A 600,250 600,250
E. REAL PROP NONQUAL ACREAGE 9,529,950 0.8806 10,822,110 9,529,950
F1. COMMERCIAL REAL 6,971,720 0.8391 8,308,569 6,971,720
F2. INDUSTRIAL REAL 267,440 N/A 267,440 267,440
G. OIL,GAS,MINERALS 1,893,140 N/A 1,893,140 1,893,140
J. UTILITIES 10,693,000 0.9269 11,536,304 10,693,000
L1. COMMERCIAL PERSONAL 3,459,290 N/A 3,459,290 3,459,290
L2. INDUSTRIAL PERSONAL 4,376,330 N/A 4,376,330 4,376,330
M. MOBILE HOMES 1,645,950 N/A 1,645,950 1,645,950
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 101,588,800 106,007,527 101,588,800
Less Total Deductions 26,373,289 26,738,166 26,373,289
Total Taxable Value 75,215,511 79,269,361 75,215,511

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
75,215,511 75,215,511 70,489,801 70,489,801


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
0 4,725,710


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
75,215,511 75,215,511 70,489,801 70,489,801

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