taxes Property Tax Assistance

2023 ISD Summary Worksheet

201-Rusk/Rusk County

201-903/Laneville ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 50,685,110 N/A 50,685,110 50,685,110
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 4,108,510 N/A 4,108,510 4,108,510
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,328,249 N/A 8,328,249 8,328,249
D2 - FARM & RANCH IMP 7,466,590 N/A 7,466,590 7,466,590
E - NON-AG LAND AND IMPROVEMENTS 45,341,680 N/A 45,341,680 45,341,680
F1 - COMMERCIAL REAL 282,090 N/A 282,090 282,090
F2 - INDUSTRIAL REAL 590,540 N/A 590,540 590,540
G - ALL MINERALS 2,792,970 N/A 2,792,970 2,792,970
J - ALL UTILITIES 44,421,870 N/A 44,421,870 44,421,870
L1 - COMMERCIAL PERSONAL 815,920 N/A 815,920 815,920
L2 - INDUSTRIAL PERSONAL 999,290 N/A 999,290 999,290
M1 - MOBILE HOMES 5,279,540 N/A 5,279,540 5,279,540
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 171,112,359 0 171,112,359 171,112,359
Less Total Deductions 54,144,042 0 54,144,042 54,144,042
Total Taxable Value 116,968,317 0 116,968,317 116,968,317

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 132,311,917 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 116,968,317 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 128,443,047 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 113,099,447 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 139,541,917 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 144,361,917 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 122,313,799 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 132,311,917 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 116,968,317 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 128,443,047 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 113,099,447 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 139,541,917 T13 plus the loss to the chapter 313 agreement
T16 144,361,917 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 122,313,799 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 15,343,600 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 3,868,870 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 7,230,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,820,000 Loss to Second Previous Homestead Increase

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

201-903-02/Laneville ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 50,685,110 N/A 50,685,110 50,685,110
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 4,108,510 N/A 4,108,510 4,108,510
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,328,249 N/A 8,328,249 8,328,249
D2 - FARM & RANCH IMP 7,466,590 N/A 7,466,590 7,466,590
E - NON-AG LAND AND IMPROVEMENTS 45,341,680 N/A 45,341,680 45,341,680
F1 - COMMERCIAL REAL 282,090 N/A 282,090 282,090
F2 - INDUSTRIAL REAL 590,540 N/A 590,540 590,540
G - ALL MINERALS 2,792,970 N/A 2,792,970 2,792,970
J - ALL UTILITIES 44,421,870 N/A 44,421,870 44,421,870
L1 - COMMERCIAL PERSONAL 815,920 N/A 815,920 815,920
L2 - INDUSTRIAL PERSONAL 999,290 N/A 999,290 999,290
M1 - MOBILE HOMES 5,279,540 N/A 5,279,540 5,279,540
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 171,112,359 171,112,359 171,112,359
Less Total Deductions 54,144,042 54,144,042 54,144,042
Total Taxable Value 116,968,317 116,968,317 116,968,317

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 132,311,917 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 116,968,317 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 128,443,047 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 113,099,447 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 139,541,917 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 144,361,917 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 122,313,799 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 132,311,917 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 116,968,317 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 128,443,047 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 113,099,447 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 139,541,917 T13 plus the loss to the chapter 313 agreement
T16 144,361,917 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 122,313,799 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 15,343,600 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 3,868,870 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 7,230,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,820,000 Loss to Second Previous Homestead Increase