taxes Property Tax Assistance

2021 ISD Summary Worksheet

201-Rusk /Rusk County

201-908/Overton ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 63,263,550 1.0077 62,780,143 63,263,550
B - MULTIFAMILY 1,739,770 N/A 1,739,770 1,739,770
C1 - VACANT LOTS 1,571,430 N/A 1,571,430 1,571,430
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 904,690 1.1051 818,650 904,690
D2 - FARM & RANCH IMP 640,180 N/A 640,180 640,180
E - NON-AG LAND AND IMPROVEMENTS 12,182,890 1.0878 11,199,568 12,182,890
F1 - COMMERCIAL REAL 8,069,305 0.9237 8,735,850 8,069,305
F2 - INDUSTRIAL REAL 1,489,730 N/A 1,489,730 1,489,730
G - ALL MINERALS 1,178,960 N/A 1,178,960 1,178,960
J - ALL UTILITIES 12,976,200 0.9566 13,564,917 12,976,200
L1 - COMMERCIAL PERSONAL 2,896,180 N/A 2,896,180 2,896,180
L2 - INDUSTRIAL PERSONAL 4,084,470 N/A 4,084,470 4,084,470
M1 - MOBILE HOMES 1,825,790 N/A 1,825,790 1,825,790
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 112,823,145 0 112,525,638 112,823,145
Less Total Deductions 25,460,924 0 25,298,506 25,460,924
Total Taxable Value 87,362,221 0 87,227,132 87,362,221

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
92,293,406 87,362,221 87,469,306 82,538,121


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,931,185 4,824,100


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
92,293,406 87,362,221 87,469,306 82,538,121

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

201-908-02/Overton ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 63,263,550 1.0077 62,780,143 63,263,550
B - MULTIFAMILY 1,739,770 N/A 1,739,770 1,739,770
C1 - VACANT LOTS 1,571,430 N/A 1,571,430 1,571,430
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 904,690 1.1051 818,650 904,690
D2 - FARM & RANCH IMP 640,180 N/A 640,180 640,180
E - NON-AG LAND AND IMPROVEMENTS 12,182,890 1.0878 11,199,568 12,182,890
F1 - COMMERCIAL REAL 8,069,305 0.9237 8,735,850 8,069,305
F2 - INDUSTRIAL REAL 1,489,730 N/A 1,489,730 1,489,730
G - ALL MINERALS 1,178,960 N/A 1,178,960 1,178,960
J - ALL UTILITIES 12,976,200 0.9566 13,564,917 12,976,200
L1 - COMMERCIAL PERSONAL 2,896,180 N/A 2,896,180 2,896,180
L2 - INDUSTRIAL PERSONAL 4,084,470 N/A 4,084,470 4,084,470
M1 - MOBILE HOMES 1,825,790 N/A 1,825,790 1,825,790
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 112,823,145 112,525,638 112,823,145
Less Total Deductions 25,460,924 25,298,506 25,460,924
Total Taxable Value 87,362,221 87,227,132 87,362,221

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
92,293,406 87,362,221 87,469,306 82,538,121


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,931,185 4,824,100


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
92,293,406 87,362,221 87,469,306 82,538,121

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