taxes Property Tax Assistance

2020 ISD Summary Worksheet

201-Rusk /Rusk County

201-904/Leveretts Chapel ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	16,980,560	0.9625	17,642,140	16,980,560
B - MULTIFAMILY	126,130	N/A	126,130	126,130
C1 - VACANT LOTS	1,357,820	N/A	1,357,820	1,357,820
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	680,411	1.0620	640,690	680,411
D2 - FARM & RANCH IMP	143,930	N/A	143,930	143,930
E - NON-AG LAND AND IMPROVEMENTS	4,690,160	0.9528	4,922,502	4,690,160
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	824,300	N/A	824,300	824,300
G - ALL MINERALS	5,575,550	0.9999	5,576,108	5,575,550
J - ALL UTILITIES	4,345,970	0.9006	4,825,638	4,345,970
L1 - COMMERCIAL PERSONAL	1,257,565	N/A	1,257,565	1,257,565
L2 - INDUSTRIAL PERSONAL	1,222,390	N/A	1,222,390	1,222,390
M1 - MOBILE HOMES	1,693,060	N/A	1,693,060	1,693,060
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	38,897,846	0	40,232,273	38,897,846
Less Total Deductions	6,673,682	0	6,878,133	6,673,682
Total Taxable Value	32,224,164	0	33,354,140	32,224,164

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
33,462,114	32,224,164	32,204,489	30,966,539

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,237,950	1,257,625

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
33,462,114	32,224,164	32,204,489	30,966,539

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

201-904-02/Leveretts Chapel ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	16,980,560	0.9625	17,642,140	16,980,560
B - MULTIFAMILY	126,130	N/A	126,130	126,130
C1 - VACANT LOTS	1,357,820	N/A	1,357,820	1,357,820
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	680,411	1.0620	640,690	680,411
D2 - FARM & RANCH IMP	143,930	N/A	143,930	143,930
E - NON-AG LAND AND IMPROVEMENTS	4,690,160	0.9528	4,922,502	4,690,160
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	824,300	N/A	824,300	824,300
G - ALL MINERALS	5,575,550	0.9999	5,576,108	5,575,550
J - ALL UTILITIES	4,345,970	0.9006	4,825,638	4,345,970
L1 - COMMERCIAL PERSONAL	1,257,565	N/A	1,257,565	1,257,565
L2 - INDUSTRIAL PERSONAL	1,222,390	N/A	1,222,390	1,222,390
M1 - MOBILE HOMES	1,693,060	N/A	1,693,060	1,693,060
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	38,897,846		40,232,273	38,897,846
Less Total Deductions	6,673,682		6,878,133	6,673,682
Total Taxable Value	32,224,164		33,354,140	32,224,164

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
33,462,114	32,224,164	32,204,489	30,966,539

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,237,950	1,257,625

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
33,462,114	32,224,164	32,204,489	30,966,539

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