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