taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

037/Cherokee

037-907/Rusk ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 136,091,860 .9695 140,373,244 136,091,860
B. Multi-Family Residences 1,357,600 N/A 1,357,600 1,357,600
C1. Vacant Lots 5,444,526 N/A 5,444,526 5,444,526
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,422,151 .9206 20,011,707 18,422,151
D2. Real Prop Farm & Ranch 4,339,890 N/A 4,339,890 4,339,890
E. Real Prop NonQual Acres 132,055,190 .9765 135,233,169 132,055,190
F1. Commercial Real 23,343,850 .9401 24,831,241 23,343,850
F2. Industrial Real 6,758,080 N/A 6,758,080 6,758,080
G. Oil, Gas, Minerals 30,697,849 1.0002 30,691,711 30,697,849
J. Utilities 43,765,450 .8527 51,325,730 43,765,450
L1. Commercial Personal 12,945,610 N/A 12,945,610 12,945,610
L2. Industrial Personal 19,340,830 N/A 19,340,830 19,340,830
M. Other Personal 4,466,020 N/A 4,466,020 4,466,020
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 102,860 N/A 102,860 102,860
S. Special Inventory 176,480 N/A 176,480 176,480
Subtotal 439,308,246 457,398,698 439,308,246
Less Total Deductions 87,052,553   89,704,224 87,052,553
Total Taxable Value 352,255,693 367,694,474 352,255,693 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
371,151,179 352,255,693 371,151,179 352,255,693


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
18,895,486 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
371,151,179 352,255,693 371,151,179 352,255,693

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

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 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 3,783,980 N/A 3,783,980 3,783,980
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 73,450 N/A 73,450 73,450
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 756,400 N/A 756,400 756,400
D2. Real Prop Farm & Ranch 537,930 N/A 537,930 537,930
E. Real Prop NonQual Acres 4,866,940 N/A 4,866,940 4,866,940
F1. Commercial Real 33,010 N/A 33,010 33,010
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 12,080 N/A 12,080 12,080
J. Utilities 2,698,780 N/A 2,698,780 2,698,780
L1. Commercial Personal 30,880 N/A 30,880 30,880
L2. Industrial Personal 464,300 N/A 464,300 464,300
M. Other Personal 212,200 N/A 212,200 212,200
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 13,469,950 13,469,950 13,469,950
Less Total Deductions 3,832,737   3,832,737 3,832,737
Total Taxable Value 9,637,213 9,637,213 9,637,213 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
10,243,803 9,637,213 10,243,803 9,637,213


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
606,590 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
10,243,803 9,637,213 10,243,803 9,637,213

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

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

037-907/Rusk ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 139,875,840 .9703 144,157,224 139,875,840
B. Multi-Family Residences 1,357,600 N/A 1,357,600 1,357,600
C1. Vacant Lots 5,517,976 N/A 5,517,976 5,517,976
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 19,178,551 .9235 20,768,107 19,178,551
D2. Real Prop Farm & Ranch 4,877,820 N/A 4,877,820 4,877,820
E. Real Prop NonQual Acres 136,922,130 .9773 140,100,109 136,922,130
F1. Commercial Real 23,376,860 .9402 24,864,251 23,376,860
F2. Industrial Real 6,758,080 N/A 6,758,080 6,758,080
G. Oil, Gas, Minerals 30,709,929 1.0002 30,703,791 30,709,929
J. Utilities 46,464,230 .8601 54,024,510 46,464,230
L1. Commercial Personal 12,976,490 N/A 12,976,490 12,976,490
L2. Industrial Personal 19,805,130 N/A 19,805,130 19,805,130
M. Other Personal 4,678,220 N/A 4,678,220 4,678,220
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 102,860 N/A 102,860 102,860
S. Special Inventory 176,480 N/A 176,480 176,480
Subtotal 452,778,196 470,868,648 452,778,196
Less Total Deductions 90,885,290   93,536,961 90,885,290
Total Taxable Value 361,892,906 377,331,687 361,892,906 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