taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

037/Cherokee

037-907/Rusk ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 133,043,444 N/A 133,043,444 133,043,444
B. Multi-Family Residences 1,368,560 N/A 1,368,560 1,368,560
C1. Vacant Lots 5,539,244 N/A 5,539,244 5,539,244
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,763,283 N/A 17,763,283 17,763,283
D2. Real Prop Farm & Ranch 4,389,570 N/A 4,389,570 4,389,570
E. Real Prop NonQual Acres 120,351,750 N/A 120,351,750 120,351,750
F1. Commercial Real 23,133,790 N/A 23,133,790 23,133,790
F2. Industrial Real 5,741,120 N/A 5,741,120 5,741,120
G. Oil, Gas, Minerals 29,621,463 N/A 29,621,463 29,621,463
J. Utilities 42,923,830 N/A 42,923,830 42,923,830
L1. Commercial Personal 12,660,570 N/A 12,660,570 12,660,570
L2. Industrial Personal 21,704,800 N/A 21,704,800 21,704,800
M. Other Personal 4,595,760 N/A 4,595,760 4,595,760
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 102,860 N/A 102,860 102,860
S. Special Inventory 196,750 N/A 196,750 196,750
Subtotal 423,136,794 423,136,794 423,136,794
Less Total Deductions 73,409,241   73,409,241 73,409,241
Total Taxable Value 349,727,553 349,727,553 349,727,553 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
371,976,437 349,727,553 371,976,437 349,727,553 352,501,870 352,501,870


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,248,884 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
371,976,437 349,727,553 371,976,437 349,727,553 352,501,870 352,501,870

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

201/Rusk

037-907/Rusk ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 3,675,140 N/A 3,675,140 3,675,140
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 71,200 N/A 71,200 71,200
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 688,800 N/A 688,800 688,800
D2. Real Prop Farm & Ranch 467,830 N/A 467,830 467,830
E. Real Prop NonQual Acres 4,582,700 N/A 4,582,700 4,582,700
F1. Commercial Real 33,010 N/A 33,010 33,010
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 73,040 N/A 73,040 73,040
J. Utilities 2,902,780 N/A 2,902,780 2,902,780
L1. Commercial Personal 29,260 N/A 29,260 29,260
L2. Industrial Personal 390,580 N/A 390,580 390,580
M. Other Personal 183,670 N/A 183,670 183,670
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 13,098,010 13,098,010 13,098,010
Less Total Deductions 3,090,873   3,090,873 3,090,873
Total Taxable Value 10,007,137 10,007,137 10,007,137 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
10,765,217 10,007,137 10,765,217 10,007,137 11,984,057 11,984,057


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
758,080 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
10,765,217 10,007,137 10,765,217 10,007,137 11,984,057 11,984,057

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

037-907/Rusk ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 136,718,584 N/A 136,718,584 136,718,584
B. Multi-Family Residences 1,368,560 N/A 1,368,560 1,368,560
C1. Vacant Lots 5,610,444 N/A 5,610,444 5,610,444
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,452,083 N/A 18,452,083 18,452,083
D2. Real Prop Farm & Ranch 4,857,400 N/A 4,857,400 4,857,400
E. Real Prop NonQual Acres 124,934,450 N/A 124,934,450 124,934,450
F1. Commercial Real 23,166,800 N/A 23,166,800 23,166,800
F2. Industrial Real 5,741,120 N/A 5,741,120 5,741,120
G. Oil, Gas, Minerals 29,694,503 N/A 29,694,503 29,694,503
J. Utilities 45,826,610 N/A 45,826,610 45,826,610
L1. Commercial Personal 12,689,830 N/A 12,689,830 12,689,830
L2. Industrial Personal 22,095,380 N/A 22,095,380 22,095,380
M. Other Personal 4,779,430 N/A 4,779,430 4,779,430
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 102,860 N/A 102,860 102,860
S. Special Inventory 196,750 N/A 196,750 196,750
Subtotal 436,234,804 436,234,804 436,234,804
Less Total Deductions 76,500,114   76,500,114 76,500,114
Total Taxable Value 359,734,690 359,734,690 359,734,690 T2

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