taxes Property Tax Assistance

2017 ISD Summary Worksheet

201/Rusk

201-903/Laneville ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 28,563,500 N/A 28,563,500 28,563,500
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,083,930 N/A 1,083,930 1,083,930
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,992,650 N/A 7,992,650 7,992,650
D2. Real Prop Farm & Ranch 4,202,380 N/A 4,202,380 4,202,380
E. Real Prop NonQual Acres 24,229,090 N/A 24,229,090 24,229,090
F1. Commercial Real 213,880 N/A 213,880 213,880
F2. Industrial Real 689,530 N/A 689,530 689,530
G. Oil, Gas, Minerals 3,429,480 N/A 3,429,480 3,429,480
J. Utilities 34,473,200 N/A 34,473,200 34,473,200
L1. Commercial Personal 137,020 N/A 137,020 137,020
L2. Industrial Personal 1,848,710 N/A 1,848,710 1,848,710
M. Other Personal 1,975,730 N/A 1,975,730 1,975,730
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 108,839,100 108,839,100 108,839,100
Less Total Deductions 22,677,917   22,677,917 22,677,917
Total Taxable Value 86,161,183 86,161,183 86,161,183 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
89,730,103 86,161,183 86,093,283 82,524,363


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,568,920 3,636,820


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
89,730,103 86,161,183 86,093,283 82,524,363

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