taxes Property Tax Assistance

2020 ISD Summary Worksheet

201-Rusk /Rusk County

201-903/Laneville ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 31,583,460 0.9254 34,129,522 31,583,460
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,690,640 N/A 1,690,640 1,690,640
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,045,101 1.1196 8,079,110 9,045,101
D2 - FARM & RANCH IMP 4,747,110 N/A 4,747,110 4,747,110
E - NON-AG LAND AND IMPROVEMENTS 27,451,510 0.9912 27,695,228 27,451,510
F1 - COMMERCIAL REAL 243,590 N/A 243,590 243,590
F2 - INDUSTRIAL REAL 425,860 N/A 425,860 425,860
G - ALL MINERALS 1,703,730 N/A 1,703,730 1,703,730
J - ALL UTILITIES 40,762,580 0.8379 48,648,502 40,762,580
L1 - COMMERCIAL PERSONAL 452,102 N/A 452,102 452,102
L2 - INDUSTRIAL PERSONAL 1,353,130 N/A 1,353,130 1,353,130
M1 - MOBILE HOMES 2,311,600 N/A 2,311,600 2,311,600
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 121,770,413 0 131,480,124 121,770,413
Less Total Deductions 22,020,470 0 23,545,634 22,020,470
Total Taxable Value 99,749,943 0 107,934,490 99,749,943

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
103,313,833 99,749,943 99,509,823 95,945,933


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,563,890 3,804,010


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
103,313,833 99,749,943 99,509,823 95,945,933

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

201-903-02/Laneville ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 31,583,460 0.9254 34,129,522 31,583,460
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,690,640 N/A 1,690,640 1,690,640
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,045,101 1.1196 8,079,110 9,045,101
D2 - FARM & RANCH IMP 4,747,110 N/A 4,747,110 4,747,110
E - NON-AG LAND AND IMPROVEMENTS 27,451,510 0.9912 27,695,228 27,451,510
F1 - COMMERCIAL REAL 243,590 N/A 243,590 243,590
F2 - INDUSTRIAL REAL 425,860 N/A 425,860 425,860
G - ALL MINERALS 1,703,730 N/A 1,703,730 1,703,730
J - ALL UTILITIES 40,762,580 0.8379 48,648,502 40,762,580
L1 - COMMERCIAL PERSONAL 452,102 N/A 452,102 452,102
L2 - INDUSTRIAL PERSONAL 1,353,130 N/A 1,353,130 1,353,130
M1 - MOBILE HOMES 2,311,600 N/A 2,311,600 2,311,600
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 121,770,413 131,480,124 121,770,413
Less Total Deductions 22,020,470 23,545,634 22,020,470
Total Taxable Value 99,749,943 107,934,490 99,749,943

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
103,313,833 99,749,943 99,509,823 95,945,933


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,563,890 3,804,010


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
103,313,833 99,749,943 99,509,823 95,945,933

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