taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

201/Rusk

201-903/Laneville ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 26,336,940 .9719 27,098,405 26,336,940
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,146,170 N/A 1,146,170 1,146,170
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,864,130 1.1459 5,990,393 6,864,130
D2. Real Prop Farm & Ranch 2,635,070 N/A 2,635,070 2,635,070
E. Real Prop NonQual Acres 22,843,480 .9893 23,090,549 22,843,480
F1. Commercial Real 279,990 N/A 279,990 279,990
F2. Industrial Real 1,011,550 N/A 1,011,550 1,011,550
G. Oil, Gas, Minerals 6,951,110 1.0226 6,797,487 6,951,110
J. Utilities 40,675,480 .8713 46,683,668 40,675,480
L1. Commercial Personal 114,440 N/A 114,440 114,440
L2. Industrial Personal 1,920,730 N/A 1,920,730 1,920,730
M. Other Personal 2,130,020 N/A 2,130,020 2,130,020
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 112,909,110 118,898,472 112,909,110
Less Total Deductions 19,485,779   19,989,612 19,485,779
Total Taxable Value 93,423,331 98,908,860 93,423,331 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
97,859,461 93,423,331 94,479,551 90,043,421 93,423,331 90,043,421


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,436,130 3,379,910


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
97,859,461 93,423,331 94,479,551 90,043,421 93,423,331 90,043,421

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