taxes Property Tax Assistance

2016 ISD Summary Worksheet

201/Rusk

201-908/Overton ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 58,482,330 1.0200 57,335,618 58,482,330
B. Multi-Family Residences 1,907,150 N/A 1,907,150 1,907,150
C1. Vacant Lots 1,420,100 N/A 1,420,100 1,420,100
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 835,570 1.0658 784,005 835,570
D2. Real Prop Farm & Ranch 348,040 N/A 348,040 348,040
E. Real Prop NonQual Acres 9,274,520 .9591 9,670,024 9,274,520
F1. Commercial Real 7,452,340 .8660 8,605,473 7,452,340
F2. Industrial Real 273,540 N/A 273,540 273,540
G. Oil, Gas, Minerals 1,546,780 N/A 1,546,780 1,546,780
J. Utilities 9,864,250 1.0104 9,762,718 9,864,250
L1. Commercial Personal 4,103,480 N/A 4,103,480 4,103,480
L2. Industrial Personal 3,124,170 N/A 3,124,170 3,124,170
M. Other Personal 1,584,690 N/A 1,584,690 1,584,690
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 100,216,960 100,465,788 100,216,960
Less Total Deductions 27,277,092   26,861,049 27,277,092
Total Taxable Value 72,939,868 73,604,739 72,939,868 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
78,264,718 72,939,868 73,401,748 68,076,898


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,324,850 4,862,970


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
78,264,718 72,939,868 73,401,748 68,076,898

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