taxes Property Tax Assistance

2019 ISD Summary Worksheet

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 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 15,153,627 15,153,627
Less Total Deductions 2,855,950 2,855,950 2,855,950
Total Taxable Value 12,297,677 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