taxes Property Tax Assistance

2021 ISD Summary Worksheet

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 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
33,600,765 32,454,035 32,359,515 31,212,785


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,146,730 1,241,250


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
33,600,765 32,454,035 32,359,515 31,212,785

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 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 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
33,600,765 32,454,035 32,359,515 31,212,785


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,146,730 1,241,250


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
33,600,765 32,454,035 32,359,515 31,212,785

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