taxes Property Tax Assistance

2020 ISD Summary Worksheet

201-Rusk

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 0.9186 65,286,273 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 0.8197 13,598,072 11,146,340
F1 - COMMERCIAL REAL 8,029,680 0.7921 10,137,205 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 0.8992 13,986,955 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 0 120,465,947 109,267,318
Less Total Deductions 25,171,449 0 27,015,118 25,171,449
Total Taxable Value 84,095,869 0 93,450,829 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 0.9186 65,286,273 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 0.8197 13,598,072 11,146,340
F1 - COMMERCIAL REAL 8,029,680 0.7921 10,137,205 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 0.8992 13,986,955 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 109,267,318 120,465,947 109,267,318
Less Total Deductions 25,171,449 27,015,118 25,171,449
Total Taxable Value 84,095,869 93,450,829 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