taxes Property Tax Assistance

2024 ISD Summary Worksheet

Rusk ISD (all splits)   Cherokee County   Rusk County  

037-Cherokee/Cherokee County

037-907/Rusk ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 337,807,676 1.0324 327,206,195 337,807,676
B - MULTIFAMILY 3,901,205 N/A 3,901,205 3,901,205
C1 - VACANT LOTS 15,325,936 N/A 15,325,936 15,325,936
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,989,622 1.1105 17,100,095 18,989,622
D2 - FARM & RANCH IMP 10,956,060 N/A 10,956,060 10,956,060
E - NON-AG LAND AND IMPROVEMENTS 397,591,346 0.9752 407,702,365 397,591,346
F1 - COMMERCIAL REAL 59,332,107 0.9670 61,356,884 59,332,107
F2 - INDUSTRIAL REAL 7,191,420 N/A 7,191,420 7,191,420
G - ALL MINERALS 7,379,733 N/A 7,379,733 7,379,733
J - ALL UTILITIES 48,968,045 0.9490 51,599,626 48,968,045
L1 - COMMERCIAL PERSONAL 18,591,390 N/A 18,591,390 18,591,390
L2 - INDUSTRIAL PERSONAL 30,895,480 N/A 30,895,480 30,895,480
M1 - MOBILE HOMES 25,181,500 N/A 25,181,500 25,181,500
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 109,810 N/A 109,810 109,810
S - SPECIAL INVENTORY 149,230 N/A 149,230 149,230
Subtotal 982,370,560 0 984,646,929 982,370,560
Less Total Deductions 385,565,326 0 377,428,170 385,565,326
Total Taxable Value 596,805,234 0 607,218,759 596,805,234

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's office 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 school 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 697,335,050 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 596,805,234 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 697,335,050 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 596,805,234 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 737,880,050 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 764,910,050 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 649,376,297 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 697,335,050 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 596,805,234 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 697,335,050 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 596,805,234 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 737,880,050 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 764,910,050 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 649,376,297 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 100,529,816 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 40,545,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 27,030,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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201-Rusk/Rusk County

037-907/Rusk ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 7,238,780 N/A 7,238,780 7,238,780
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 268,500 N/A 268,500 268,500
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 777,700 N/A 777,700 777,700
D2 - FARM & RANCH IMP 1,072,230 N/A 1,072,230 1,072,230
E - NON-AG LAND AND IMPROVEMENTS 8,150,450 N/A 8,150,450 8,150,450
F1 - COMMERCIAL REAL 120,430 N/A 120,430 120,430
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 195,820 N/A 195,820 195,820
J - ALL UTILITIES 3,980,470 N/A 3,980,470 3,980,470
L1 - COMMERCIAL PERSONAL 8,800 N/A 8,800 8,800
L2 - INDUSTRIAL PERSONAL 207,330 N/A 207,330 207,330
M1 - MOBILE HOMES 608,470 N/A 608,470 608,470
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 22,628,980 0 22,628,980 22,628,980
Less Total Deductions 9,016,101 0 9,016,101 9,016,101
Total Taxable Value 13,612,879 0 13,612,879 13,612,879

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's office 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 school 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 16,404,629 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 13,612,879 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 16,404,629 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 13,612,879 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 17,514,629 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 18,254,629 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 14,057,423 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 16,404,629 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 13,612,879 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 16,404,629 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 13,612,879 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 17,514,629 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 18,254,629 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 14,057,423 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,791,750 Loss to the most recent increase in the state-mandated homestead exemption
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 second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 740,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED.


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037-907-02/Rusk ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 345,046,456 1.0317 334,444,975 345,046,456
B - MULTIFAMILY 3,901,205 N/A 3,901,205 3,901,205
C1 - VACANT LOTS 15,594,436 N/A 15,594,436 15,594,436
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,767,322 1.1057 17,877,795 19,767,322
D2 - FARM & RANCH IMP 12,028,290 N/A 12,028,290 12,028,290
E - NON-AG LAND AND IMPROVEMENTS 405,741,796 0.9757 415,852,815 405,741,796
F1 - COMMERCIAL REAL 59,452,537 0.9671 61,477,314 59,452,537
F2 - INDUSTRIAL REAL 7,191,420 N/A 7,191,420 7,191,420
G - ALL MINERALS 7,575,553 N/A 7,575,553 7,575,553
J - ALL UTILITIES 52,948,515 0.9527 55,580,096 52,948,515
L1 - COMMERCIAL PERSONAL 18,600,190 N/A 18,600,190 18,600,190
L2 - INDUSTRIAL PERSONAL 31,102,810 N/A 31,102,810 31,102,810
M1 - MOBILE HOMES 25,789,970 N/A 25,789,970 25,789,970
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 109,810 N/A 109,810 109,810
S - SPECIAL INVENTORY 149,230 N/A 149,230 149,230
Subtotal 1,004,999,540 1,007,275,909 1,004,999,540
Less Total Deductions 394,581,427 386,444,271 394,581,427
Total Taxable Value 610,418,113 620,831,638 610,418,113

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's office 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 school 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 713,739,679 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 610,418,113 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 713,739,679 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 610,418,113 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 755,394,679 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 783,164,679 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 663,433,720 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 713,739,679 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 610,418,113 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 713,739,679 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 610,418,113 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 755,394,679 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 783,164,679 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 663,433,720 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 103,321,566 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 41,655,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 27,770,000 Loss to the third most recent increase in the state-mandated homestead exemption

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