taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

201/Rusk

201-908/Overton ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 55,230,380 .9805 56,328,791 55,230,380
B. Multi-Family Residences 1,665,460 N/A 1,665,460 1,665,460
C1. Vacant Lots 1,890,290 N/A 1,890,290 1,890,290
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 797,010 1.1004 724,286 797,010
D2. Real Prop Farm & Ranch 168,750 N/A 168,750 168,750
E. Real Prop NonQual Acres 8,719,690 1.0597 8,228,451 8,719,690
F1. Commercial Real 6,506,300 .8434 7,714,370 6,506,300
F2. Industrial Real 256,600 N/A 256,600 256,600
G. Oil, Gas, Minerals 5,415,560 .9644 5,615,471 5,415,560
J. Utilities 10,479,760 .9804 10,689,270 10,479,760
L1. Commercial Personal 3,792,910 N/A 3,792,910 3,792,910
L2. Industrial Personal 3,700,290 N/A 3,700,290 3,700,290
M. Other Personal 1,486,880 N/A 1,486,880 1,486,880
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 100,109,880 102,261,819 100,109,880
Less Total Deductions 22,594,053   22,999,173 22,594,053
Total Taxable Value 77,515,827 79,262,646 77,515,827 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
83,646,957 77,515,827 78,803,907 72,672,777 77,515,827 72,672,777


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,131,130 4,843,050


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
83,646,957 77,515,827 78,803,907 72,672,777 77,515,827 72,672,777

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