taxes Property Tax Assistance

2016 ISD Summary Worksheet

201/Rusk

201-907/Mount Enterprise ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 33,393,310 1.0046 33,240,404 33,393,310
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,447,350 N/A 1,447,350 1,447,350
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,941,590 1.0783 4,582,778 4,941,590
D2. Real Prop Farm & Ranch 1,669,480 N/A 1,669,480 1,669,480
E. Real Prop NonQual Acres 19,801,100 1.0221 19,372,958 19,801,100
F1. Commercial Real 3,676,450 N/A 3,676,450 3,676,450
F2. Industrial Real 352,660 N/A 352,660 352,660
G. Oil, Gas, Minerals 1,654,880 N/A 1,654,880 1,654,880
J. Utilities 7,555,840 1.0708 7,056,257 7,555,840
L1. Commercial Personal 1,424,170 N/A 1,424,170 1,424,170
L2. Industrial Personal 1,513,620 N/A 1,513,620 1,513,620
M. Other Personal 2,816,150 N/A 2,816,150 2,816,150
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 80,246,600 78,807,157 80,246,600
Less Total Deductions 21,560,711   21,482,767 21,560,711
Total Taxable Value 58,685,889 57,324,390 58,685,889 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
62,463,289 58,685,889 58,537,934 54,760,534


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,777,400 3,925,355


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
62,463,289 58,685,889 58,537,934 54,760,534

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