taxes Property Tax Assistance

2020 ISD Summary Worksheet

037-Cherokee /Cherokee County

037-907/Rusk ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	189,429,382	1.0217	185,406,070	189,429,382
B - MULTIFAMILY	2,229,770	N/A	2,229,770	2,229,770
C1 - VACANT LOTS	7,384,061	N/A	7,384,061	7,384,061
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	23,230,600	1.1032	21,056,518	23,230,600
D2 - FARM & RANCH IMP	9,542,550	N/A	9,542,550	9,542,550
E - NON-AG LAND AND IMPROVEMENTS	199,946,039	0.9590	208,494,306	199,946,039
F1 - COMMERCIAL REAL	37,995,800	0.8382	45,330,231	37,995,800
F2 - INDUSTRIAL REAL	3,669,770	N/A	3,669,770	3,669,770
G - ALL MINERALS	14,110,173	1.0423	13,537,535	14,110,173
J - ALL UTILITIES	39,650,210	0.9253	42,851,194	39,650,210
L1 - COMMERCIAL PERSONAL	11,189,200	N/A	11,189,200	11,189,200
L2 - INDUSTRIAL PERSONAL	14,364,060	N/A	14,364,060	14,364,060
M1 - MOBILE HOMES	8,292,370	N/A	8,292,370	8,292,370
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	57,750	N/A	57,750	57,750
S - SPECIAL INVENTORY	88,670	N/A	88,670	88,670
Subtotal	561,180,405	0	573,494,055	561,180,405
Less Total Deductions	126,564,377	0	123,745,728	126,564,377
Total Taxable Value	434,616,028	0	449,748,327	434,616,028

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
453,188,085	434,616,028	453,188,085	434,616,028

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
18,572,057	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
453,188,085	434,616,028	453,188,085	434,616,028

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-Rusk /Rusk County

037-907/Rusk ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	3,947,950	N/A	3,947,950	3,947,950
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	113,060	N/A	113,060	113,060
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	873,910	N/A	873,910	873,910
D2 - FARM & RANCH IMP	626,960	N/A	626,960	626,960
E - NON-AG LAND AND IMPROVEMENTS	5,124,050	N/A	5,124,050	5,124,050
F1 - COMMERCIAL REAL	45,850	N/A	45,850	45,850
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	279,380	N/A	279,380	279,380
J - ALL UTILITIES	4,234,000	N/A	4,234,000	4,234,000
L1 - COMMERCIAL PERSONAL	4,644	N/A	4,644	4,644
L2 - INDUSTRIAL PERSONAL	402,260	N/A	402,260	402,260
M1 - MOBILE HOMES	335,340	N/A	335,340	335,340
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	15,987,404	0	15,987,404	15,987,404
Less Total Deductions	3,116,045	0	3,116,045	3,116,045
Total Taxable Value	12,871,359	0	12,871,359	12,871,359

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
13,473,319	12,871,359	13,473,319	12,871,359

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
601,960	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
13,473,319	12,871,359	13,473,319	12,871,359

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	193,377,332	1.0212	189,354,020	193,377,332
B - MULTIFAMILY	2,229,770	N/A	2,229,770	2,229,770
C1 - VACANT LOTS	7,497,121	N/A	7,497,121	7,497,121
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	24,104,510	1.0991	21,930,428	24,104,510
D2 - FARM & RANCH IMP	10,169,510	N/A	10,169,510	10,169,510
E - NON-AG LAND AND IMPROVEMENTS	205,070,089	0.9600	213,618,356	205,070,089
F1 - COMMERCIAL REAL	38,041,650	0.8384	45,376,081	38,041,650
F2 - INDUSTRIAL REAL	3,669,770	N/A	3,669,770	3,669,770
G - ALL MINERALS	14,389,553	1.0414	13,816,915	14,389,553
J - ALL UTILITIES	43,884,210	0.9320	47,085,194	43,884,210
L1 - COMMERCIAL PERSONAL	11,193,844	N/A	11,193,844	11,193,844
L2 - INDUSTRIAL PERSONAL	14,766,320	N/A	14,766,320	14,766,320
M1 - MOBILE HOMES	8,627,710	N/A	8,627,710	8,627,710
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	57,750	N/A	57,750	57,750
S - SPECIAL INVENTORY	88,670	N/A	88,670	88,670
Subtotal	577,167,809		589,481,459	577,167,809
Less Total Deductions	129,680,422		126,861,773	129,680,422
Total Taxable Value	447,487,387		462,619,686	447,487,387

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
466,661,404	447,487,387	466,661,404	447,487,387

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
19,174,017	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
466,661,404	447,487,387	466,661,404	447,487,387

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