taxes Property Tax Assistance

2022 ISD Summary Worksheet

037-Cherokee /Cherokee County

037-907/Rusk ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 246,900,565 N/A 246,900,565 246,900,565
B - MULTIFAMILY 3,423,900 N/A 3,423,900 3,423,900
C1 - VACANT LOTS 9,262,852 N/A 9,262,852 9,262,852
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 20,989,921 N/A 20,989,921 20,989,921
D2 - FARM & RANCH IMP 9,891,500 N/A 9,891,500 9,891,500
E - NON-AG LAND AND IMPROVEMENTS 252,940,313 N/A 252,940,313 252,940,313
F1 - COMMERCIAL REAL 47,846,332 N/A 47,846,332 47,846,332
F2 - INDUSTRIAL REAL 5,023,610 N/A 5,023,610 5,023,610
G - ALL MINERALS 14,209,221 N/A 14,209,221 14,209,221
J - ALL UTILITIES 42,833,410 N/A 42,833,410 42,833,410
L1 - COMMERCIAL PERSONAL 15,576,750 N/A 15,576,750 15,576,750
L2 - INDUSTRIAL PERSONAL 24,805,860 N/A 24,805,860 24,805,860
M1 - MOBILE HOMES 14,102,880 N/A 14,102,880 14,102,880
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 67,130 N/A 67,130 67,130
S - SPECIAL INVENTORY 226,640 N/A 226,640 226,640
Subtotal 708,100,884 0 708,100,884 708,100,884
Less Total Deductions 175,462,062 0 175,462,062 175,462,062
Total Taxable Value 532,638,822 0 532,638,822 532,638,822

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
557,375,956 532,638,822 557,375,956 532,638,822 582,415,956


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
24,737,134 0 25,040,000


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
557,375,956 532,638,822 557,375,956 532,638,822 582,415,956

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-Rusk /Rusk County

037-907/Rusk ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 5,330,420 N/A 5,330,420 5,330,420
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 176,570 N/A 176,570 176,570
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 840,100 N/A 840,100 840,100
D2 - FARM & RANCH IMP 1,045,400 N/A 1,045,400 1,045,400
E - NON-AG LAND AND IMPROVEMENTS 6,466,870 N/A 6,466,870 6,466,870
F1 - COMMERCIAL REAL 61,630 N/A 61,630 61,630
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 345,000 N/A 345,000 345,000
J - ALL UTILITIES 4,130,160 N/A 4,130,160 4,130,160
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 267,170 N/A 267,170 267,170
M1 - MOBILE HOMES 321,780 N/A 321,780 321,780
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 18,985,100 0 18,985,100 18,985,100
Less Total Deductions 4,381,780 0 4,381,780 4,381,780
Total Taxable Value 14,603,320 0 14,603,320 14,603,320

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
15,389,840 14,603,320 15,389,840 14,603,320 16,119,840


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
786,520 0 730,000


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
15,389,840 14,603,320 15,389,840 14,603,320 16,119,840

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

037-907-02/Rusk ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 252,230,985 N/A 252,230,985 252,230,985
B - MULTIFAMILY 3,423,900 N/A 3,423,900 3,423,900
C1 - VACANT LOTS 9,439,422 N/A 9,439,422 9,439,422
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 21,830,021 N/A 21,830,021 21,830,021
D2 - FARM & RANCH IMP 10,936,900 N/A 10,936,900 10,936,900
E - NON-AG LAND AND IMPROVEMENTS 259,407,183 N/A 259,407,183 259,407,183
F1 - COMMERCIAL REAL 47,907,962 N/A 47,907,962 47,907,962
F2 - INDUSTRIAL REAL 5,023,610 N/A 5,023,610 5,023,610
G - ALL MINERALS 14,554,221 N/A 14,554,221 14,554,221
J - ALL UTILITIES 46,963,570 N/A 46,963,570 46,963,570
L1 - COMMERCIAL PERSONAL 15,576,750 N/A 15,576,750 15,576,750
L2 - INDUSTRIAL PERSONAL 25,073,030 N/A 25,073,030 25,073,030
M1 - MOBILE HOMES 14,424,660 N/A 14,424,660 14,424,660
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 67,130 N/A 67,130 67,130
S - SPECIAL INVENTORY 226,640 N/A 226,640 226,640
Subtotal 727,085,984 727,085,984 727,085,984
Less Total Deductions 179,843,842 179,843,842 179,843,842
Total Taxable Value 547,242,142 547,242,142 547,242,142

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
572,765,796 547,242,142 572,765,796 547,242,142 598,535,796


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
25,523,654 0 25,770,000


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
572,765,796 547,242,142 572,765,796 547,242,142 598,535,796

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