taxes Property Tax Assistance

2022 ISD Summary Worksheet

201-Rusk/Rusk County

201-903/Laneville ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 41,623,090 0.9300 44,756,011 41,623,090
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 3,232,920 N/A 3,232,920 3,232,920
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,902,166 1.1435 7,784,993 8,902,166
D2 - FARM & RANCH IMP 6,657,130 N/A 6,657,130 6,657,130
E - NON-AG LAND AND IMPROVEMENTS 39,964,530 0.9778 40,871,886 39,964,530
F1 - COMMERCIAL REAL 259,950 N/A 259,950 259,950
F2 - INDUSTRIAL REAL 610,160 N/A 610,160 610,160
G - ALL MINERALS 2,217,530 N/A 2,217,530 2,217,530
J - ALL UTILITIES 43,488,580 0.9114 47,716,239 43,488,580
L1 - COMMERCIAL PERSONAL 663,460 N/A 663,460 663,460
L2 - INDUSTRIAL PERSONAL 1,055,650 N/A 1,055,650 1,055,650
M1 - MOBILE HOMES 2,775,210 N/A 2,775,210 2,775,210
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 151,450,376 0 158,601,139 151,450,376
Less Total Deductions 32,175,185 0 34,181,790 32,175,185
Total Taxable Value 119,275,191 0 124,419,349 119,275,191

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 T13
123,674,201 119,275,191 119,317,261 114,918,251 128,284,201


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
4,399,010 4,356,940 4,610,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
123,674,201 119,275,191 119,317,261 114,918,251 128,284,201

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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

201-903-02/Laneville ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 41,623,090 0.9300 44,756,011 41,623,090
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 3,232,920 N/A 3,232,920 3,232,920
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,902,166 1.1435 7,784,993 8,902,166
D2 - FARM & RANCH IMP 6,657,130 N/A 6,657,130 6,657,130
E - NON-AG LAND AND IMPROVEMENTS 39,964,530 0.9778 40,871,886 39,964,530
F1 - COMMERCIAL REAL 259,950 N/A 259,950 259,950
F2 - INDUSTRIAL REAL 610,160 N/A 610,160 610,160
G - ALL MINERALS 2,217,530 N/A 2,217,530 2,217,530
J - ALL UTILITIES 43,488,580 0.9114 47,716,239 43,488,580
L1 - COMMERCIAL PERSONAL 663,460 N/A 663,460 663,460
L2 - INDUSTRIAL PERSONAL 1,055,650 N/A 1,055,650 1,055,650
M1 - MOBILE HOMES 2,775,210 N/A 2,775,210 2,775,210
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 151,450,376 158,601,139 151,450,376
Less Total Deductions 32,175,185 34,181,790 32,175,185
Total Taxable Value 119,275,191 124,419,349 119,275,191

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 T13
123,674,201 119,275,191 119,317,261 114,918,251 128,284,201


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
4,399,010 4,356,940 4,610,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
123,674,201 119,275,191 119,317,261 114,918,251 128,284,201

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement