taxes Property Tax Assistance

2020 ISD Summary Worksheet

037-Cherokee

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 0.8573 46,250,099 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 0 576,892,960 561,180,405
Less Total Deductions 126,564,377 0 123,745,728 126,564,377
Total Taxable Value 434,616,028 0 453,147,232 434,616,028

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

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 0.8693 50,484,099 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 577,167,809 592,880,364 577,167,809
Less Total Deductions 129,680,422 126,861,773 129,680,422
Total Taxable Value 447,487,387 466,018,591 447,487,387

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