taxes Property Tax Assistance

2021 ISD Summary Worksheet

Leveretts Chapel ISD (all splits)   Rusk County  

201-Rusk/Rusk County

201-904/Leveretts Chapel ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 18,842,880 N/A 18,842,880 18,842,880
B - MULTIFAMILY 139,470 N/A 139,470 139,470
C1 - VACANT LOTS 1,595,730 N/A 1,595,730 1,595,730
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 668,867 N/A 668,867 668,867
D2 - FARM & RANCH IMP 175,120 N/A 175,120 175,120
E - NON-AG LAND AND IMPROVEMENTS 4,988,560 N/A 4,988,560 4,988,560
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 858,780 N/A 858,780 858,780
G - ALL MINERALS 3,150,730 N/A 3,150,730 3,150,730
J - ALL UTILITIES 4,561,570 N/A 4,561,570 4,561,570
L1 - COMMERCIAL PERSONAL 1,274,460 N/A 1,274,460 1,274,460
L2 - INDUSTRIAL PERSONAL 1,115,060 N/A 1,115,060 1,115,060
M1 - MOBILE HOMES 1,813,510 N/A 1,813,510 1,813,510
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 39,184,737 0 39,184,737 39,184,737
Less Total Deductions 6,730,702 0 6,730,702 6,730,702
Total Taxable Value 32,454,035 0 32,454,035 32,454,035

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's office 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 school 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

Measure Value Description
T1 33,600,765 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 32,454,035 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 32,359,515 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 31,212,785 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 33,600,765 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 32,454,035 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 32,359,515 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 31,212,785 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,146,730 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 1,241,250 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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201-904-02/Leveretts Chapel ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 18,842,880 N/A 18,842,880 18,842,880
B - MULTIFAMILY 139,470 N/A 139,470 139,470
C1 - VACANT LOTS 1,595,730 N/A 1,595,730 1,595,730
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 668,867 N/A 668,867 668,867
D2 - FARM & RANCH IMP 175,120 N/A 175,120 175,120
E - NON-AG LAND AND IMPROVEMENTS 4,988,560 N/A 4,988,560 4,988,560
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 858,780 N/A 858,780 858,780
G - ALL MINERALS 3,150,730 N/A 3,150,730 3,150,730
J - ALL UTILITIES 4,561,570 N/A 4,561,570 4,561,570
L1 - COMMERCIAL PERSONAL 1,274,460 N/A 1,274,460 1,274,460
L2 - INDUSTRIAL PERSONAL 1,115,060 N/A 1,115,060 1,115,060
M1 - MOBILE HOMES 1,813,510 N/A 1,813,510 1,813,510
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 39,184,737 39,184,737 39,184,737
Less Total Deductions 6,730,702 6,730,702 6,730,702
Total Taxable Value 32,454,035 32,454,035 32,454,035

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's office 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 school 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

Measure Value Description
T1 33,600,765 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 32,454,035 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 32,359,515 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 31,212,785 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 33,600,765 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 32,454,035 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 32,359,515 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 31,212,785 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,146,730 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 1,241,250 50% of the loss to the local optional percentage homestead exemption

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