taxes Property Tax Assistance

2020 ISD Summary Worksheet

201-Rusk /Rusk County

201-908/Overton ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	59,971,970	0.9464	63,368,523	59,971,970
B - MULTIFAMILY	1,685,040	N/A	1,685,040	1,685,040
C1 - VACANT LOTS	1,509,630	N/A	1,509,630	1,509,630
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	900,573	1.1040	815,757	900,573
D2 - FARM & RANCH IMP	701,980	N/A	701,980	701,980
E - NON-AG LAND AND IMPROVEMENTS	11,146,340	0.9120	12,221,864	11,146,340
F1 - COMMERCIAL REAL	8,029,680	0.8550	9,391,439	8,029,680
F2 - INDUSTRIAL REAL	1,494,250	N/A	1,494,250	1,494,250
G - ALL MINERALS	2,104,490	N/A	2,104,490	2,104,490
J - ALL UTILITIES	12,577,070	0.9276	13,558,721	12,577,070
L1 - COMMERCIAL PERSONAL	3,130,215	N/A	3,130,215	3,130,215
L2 - INDUSTRIAL PERSONAL	4,395,760	N/A	4,395,760	4,395,760
M1 - MOBILE HOMES	1,620,320	N/A	1,620,320	1,620,320
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	109,267,318	0	115,997,989	109,267,318
Less Total Deductions	25,171,449	0	26,349,767	25,171,449
Total Taxable Value	84,095,869	0	89,648,222	84,095,869

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
89,027,614	84,095,869	84,350,474	79,418,729

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
4,931,745	4,677,140

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
89,027,614	84,095,869	84,350,474	79,418,729

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

201-908-02/Overton ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	59,971,970	0.9464	63,368,523	59,971,970
B - MULTIFAMILY	1,685,040	N/A	1,685,040	1,685,040
C1 - VACANT LOTS	1,509,630	N/A	1,509,630	1,509,630
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	900,573	1.1040	815,757	900,573
D2 - FARM & RANCH IMP	701,980	N/A	701,980	701,980
E - NON-AG LAND AND IMPROVEMENTS	11,146,340	0.9120	12,221,864	11,146,340
F1 - COMMERCIAL REAL	8,029,680	0.8550	9,391,439	8,029,680
F2 - INDUSTRIAL REAL	1,494,250	N/A	1,494,250	1,494,250
G - ALL MINERALS	2,104,490	N/A	2,104,490	2,104,490
J - ALL UTILITIES	12,577,070	0.9276	13,558,721	12,577,070
L1 - COMMERCIAL PERSONAL	3,130,215	N/A	3,130,215	3,130,215
L2 - INDUSTRIAL PERSONAL	4,395,760	N/A	4,395,760	4,395,760
M1 - MOBILE HOMES	1,620,320	N/A	1,620,320	1,620,320
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	109,267,318		115,997,989	109,267,318
Less Total Deductions	25,171,449		26,349,767	25,171,449
Total Taxable Value	84,095,869		89,648,222	84,095,869

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
89,027,614	84,095,869	84,350,474	79,418,729

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
4,931,745	4,677,140

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
89,027,614	84,095,869	84,350,474	79,418,729

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