taxes Property Tax Assistance

2019 ISD Summary Worksheet

037-Cherokee

037-907/Rusk ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 165,718,498 0.9204 180,050,519 180,050,519
B. MULTIFAMILY RESIDENCES 1,239,960 N/A 1,239,960 1,239,960
C1. VACANT LOTS 6,385,926 N/A 6,385,926 6,385,926
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 22,454,080 1.0619 21,146,161 21,146,161
D2. REAL PROP:FARM & RANCH 7,167,180 N/A 7,167,180 7,167,180
E. REAL PROP NONQUAL ACREAGE 168,869,963 0.8557 197,347,158 197,347,158
F1. COMMERCIAL REAL 28,206,121 0.7360 38,323,534 38,323,534
F2. INDUSTRIAL REAL 3,596,520 N/A 3,596,520 3,596,520
G. OIL,GAS,MINERALS 25,811,050 0.9985 25,849,825 25,849,825
J. UTILITIES 39,262,000 1.0261 38,263,327 38,263,327
L1. COMMERCIAL PERSONAL 13,219,300 N/A 13,219,300 13,219,300
L2. INDUSTRIAL PERSONAL 17,501,630 N/A 17,501,630 17,501,630
M. MOBILE HOMES 5,429,960 N/A 5,429,960 5,429,960
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 85,680 N/A 85,680 85,680
S. SPECIAL INVENTORY 106,070 N/A 106,070 106,070
Subtotal 505,053,938 0 555,712,750 555,712,750
Less Total Deductions 102,216,156 0 111,291,858 111,291,858
Total Taxable Value 402,837,782 0 444,420,892 444,420,892

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
462,875,216 444,420,892 462,875,216 444,420,892


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
18,454,324 0


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
462,875,216 444,420,892 462,875,216 444,420,892

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

201-Rusk

037-907/Rusk ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 3,873,380 N/A 3,873,380 3,873,380
C1. VACANT LOTS 91,570 N/A 91,570 91,570
D1. QUALIFIED AG LAND 833,050 N/A 833,050 833,050
D2. REAL PROP:FARM & RANCH 584,930 N/A 584,930 584,930
E. REAL PROP NONQUAL ACREAGE 4,892,860 N/A 4,892,860 4,892,860
F1. COMMERCIAL REAL 46,080 N/A 46,080 46,080
G. OIL,GAS,MINERALS 530,440 N/A 530,440 530,440
J. UTILITIES 3,559,650 N/A 3,559,650 3,559,650
L1. COMMERCIAL PERSONAL 2,227 N/A 2,227 2,227
L2. INDUSTRIAL PERSONAL 463,330 N/A 463,330 463,330
M. MOBILE HOMES 276,110 N/A 276,110 276,110
Subtotal 15,153,627 0 15,153,627 15,153,627
Less Total Deductions 2,855,950 0 2,855,950 2,855,950
Total Taxable Value 12,297,677 0 12,297,677 12,297,677

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
12,880,317 12,297,677 12,880,317 12,297,677


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
582,640 0


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
12,880,317 12,297,677 12,880,317 12,297,677

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

037-907-02/Rusk ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 169,591,878 0.9221 183,923,899 183,923,899
B. MULTIFAMILY RESIDENCES 1,239,960 N/A 1,239,960 1,239,960
C1. VACANT LOTS 6,477,496 N/A 6,477,496 6,477,496
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 23,287,130 1.0595 21,979,211 21,979,211
D2. REAL PROP:FARM & RANCH 7,752,110 N/A 7,752,110 7,752,110
E. REAL PROP NONQUAL ACREAGE 173,762,823 0.8592 202,240,018 202,240,018
F1. COMMERCIAL REAL 28,252,201 0.7363 38,369,614 38,369,614
F2. INDUSTRIAL REAL 3,596,520 N/A 3,596,520 3,596,520
G. OIL,GAS,MINERALS 26,341,490 0.9985 26,380,265 26,380,265
J. UTILITIES 42,821,650 1.0239 41,822,977 41,822,977
L1. COMMERCIAL PERSONAL 13,221,527 N/A 13,221,527 13,221,527
L2. INDUSTRIAL PERSONAL 17,964,960 N/A 17,964,960 17,964,960
M. MOBILE HOMES 5,706,070 N/A 5,706,070 5,706,070
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 85,680 N/A 85,680 85,680
S. SPECIAL INVENTORY 106,070 N/A 106,070 106,070
Subtotal 520,207,565 570,866,377 570,866,377
Less Total Deductions 105,072,106 114,147,808 114,147,808
Total Taxable Value 415,135,459 456,718,569 456,718,569

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
475,755,533 456,718,569 475,755,533 456,718,569


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
19,036,964 0


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
475,755,533 456,718,569 475,755,533 456,718,569

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