taxes Property Tax Assistance

2023 ISD Summary Worksheet

Rusk ISD (all splits)   Cherokee County   Rusk County  

037-Cherokee/Cherokee County

037-907/Rusk ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 314,567,390 0.9691 324,597,451 314,567,390
B - MULTIFAMILY 3,106,800 N/A 3,106,800 3,106,800
C1 - VACANT LOTS 8,891,220 N/A 8,891,220 8,891,220
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,255,212 1.1116 17,321,810 19,255,212
D2 - FARM & RANCH IMP 11,020,120 N/A 11,020,120 11,020,120
E - NON-AG LAND AND IMPROVEMENTS 338,644,016 0.8388 403,724,387 338,644,016
F1 - COMMERCIAL REAL 53,652,189 0.9137 58,719,699 53,652,189
F2 - INDUSTRIAL REAL 6,240,060 N/A 6,240,060 6,240,060
G - ALL MINERALS 16,293,777 N/A 16,293,777 16,293,777
J - ALL UTILITIES 45,815,210 0.9910 46,231,292 45,815,210
L1 - COMMERCIAL PERSONAL 18,096,800 N/A 18,096,800 18,096,800
L2 - INDUSTRIAL PERSONAL 24,984,900 N/A 24,984,900 24,984,900
M1 - MOBILE HOMES 24,176,790 N/A 24,176,790 24,176,790
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 60,910 N/A 60,910 60,910
S - SPECIAL INVENTORY 201,060 N/A 201,060 201,060
Subtotal 885,006,454 0 963,667,076 885,006,454
Less Total Deductions 353,051,382 0 361,151,118 353,051,382
Total Taxable Value 531,955,072 0 602,515,958 531,955,072

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

Measure Value Description
T1 625,496,020 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 531,955,072 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 625,496,020 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 531,955,072 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 665,576,020 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 692,296,020 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 555,671,843 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 625,496,020 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 531,955,072 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 625,496,020 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 531,955,072 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 665,576,020 T13 plus the loss to the chapter 313 agreement
T16 692,296,020 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 555,671,843 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 93,540,948 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 40,080,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 26,720,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD


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201-Rusk/Rusk County

037-907/Rusk ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 6,589,660 N/A 6,589,660 6,589,660
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 235,710 N/A 235,710 235,710
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 795,560 N/A 795,560 795,560
D2 - FARM & RANCH IMP 1,032,540 N/A 1,032,540 1,032,540
E - NON-AG LAND AND IMPROVEMENTS 6,881,090 N/A 6,881,090 6,881,090
F1 - COMMERCIAL REAL 121,500 N/A 121,500 121,500
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 83,230 N/A 83,230 83,230
J - ALL UTILITIES 4,096,060 N/A 4,096,060 4,096,060
L1 - COMMERCIAL PERSONAL 5,000 N/A 5,000 5,000
L2 - INDUSTRIAL PERSONAL 235,270 N/A 235,270 235,270
M1 - MOBILE HOMES 621,640 N/A 621,640 621,640
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 20,697,260 0 20,697,260 20,697,260
Less Total Deductions 7,951,523 0 7,951,523 7,951,523
Total Taxable Value 12,745,737 0 12,745,737 12,745,737

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

Measure Value Description
T1 15,268,337 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 12,745,737 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 15,268,337 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 12,745,737 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 16,378,337 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 17,118,337 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 13,542,590 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 15,268,337 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 12,745,737 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 15,268,337 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 12,745,737 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 16,378,337 T13 plus the loss to the chapter 313 agreement
T16 17,118,337 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 13,542,590 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,522,600 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,110,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 740,000 Loss to Second Previous Homestead Increase

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


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037-907-02/Rusk ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 321,157,050 0.9697 331,187,111 321,157,050
B - MULTIFAMILY 3,106,800 N/A 3,106,800 3,106,800
C1 - VACANT LOTS 9,126,930 N/A 9,126,930 9,126,930
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 20,050,772 1.1067 18,117,370 20,050,772
D2 - FARM & RANCH IMP 12,052,660 N/A 12,052,660 12,052,660
E - NON-AG LAND AND IMPROVEMENTS 345,525,106 0.8415 410,605,477 345,525,106
F1 - COMMERCIAL REAL 53,773,689 0.9139 58,841,199 53,773,689
F2 - INDUSTRIAL REAL 6,240,060 N/A 6,240,060 6,240,060
G - ALL MINERALS 16,377,007 N/A 16,377,007 16,377,007
J - ALL UTILITIES 49,911,270 0.9917 50,327,352 49,911,270
L1 - COMMERCIAL PERSONAL 18,101,800 N/A 18,101,800 18,101,800
L2 - INDUSTRIAL PERSONAL 25,220,170 N/A 25,220,170 25,220,170
M1 - MOBILE HOMES 24,798,430 N/A 24,798,430 24,798,430
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 60,910 N/A 60,910 60,910
S - SPECIAL INVENTORY 201,060 N/A 201,060 201,060
Subtotal 905,703,714 984,364,336 905,703,714
Less Total Deductions 361,002,905 369,102,641 361,002,905
Total Taxable Value 544,700,809 615,261,695 544,700,809

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

Measure Value Description
T1 640,764,357 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 544,700,809 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 640,764,357 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 544,700,809 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 681,954,357 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 709,414,357 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 569,214,433 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 640,764,357 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 544,700,809 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 640,764,357 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 544,700,809 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 681,954,357 T13 plus the loss to the chapter 313 agreement
T16 709,414,357 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 569,214,433 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 96,063,548 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 41,190,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 27,460,000 Loss to Second Previous Homestead Increase

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