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