taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

201/Rusk

201-914/West Rusk County ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 104,880,330 N/A 104,880,330 104,880,330
B. Multi-Family Residences 1,159,610 N/A 1,159,610 1,159,610
C1. Vacant Lots 3,026,870 N/A 3,026,870 3,026,870
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,999,020 N/A 4,999,020 4,999,020
D2. Real Prop Farm & Ranch 3,073,510 N/A 3,073,510 3,073,510
E. Real Prop NonQual Acres 41,376,580 N/A 41,376,580 41,376,580
F1. Commercial Real 3,427,750 N/A 3,427,750 3,427,750
F2. Industrial Real 3,110,220 N/A 3,110,220 3,110,220
G. Oil, Gas, Minerals 221,188,080 N/A 221,188,080 221,188,080
J. Utilities 47,145,450 N/A 47,145,450 47,145,450
L1. Commercial Personal 2,068,450 N/A 2,068,450 2,068,450
L2. Industrial Personal 100,119,720 N/A 100,119,720 100,119,720
M. Other Personal 4,742,690 N/A 4,742,690 4,742,690
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 13,190 N/A 13,190 13,190
Subtotal 540,331,470 540,331,470 540,331,470
Less Total Deductions 61,244,375   61,244,375 61,244,375
Total Taxable Value 479,087,095 479,087,095 479,087,095 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
490,063,795 479,087,095 479,388,885 468,412,185


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,976,700 10,674,910


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

Value Taxable For I&S Purposes

T7 T8 T9 T10
490,063,795 479,087,095 479,388,885 468,412,185

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