taxes Property Tax Assistance

2017 ISD Summary Worksheet

201/Rusk

201-908/Overton ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 58,256,710 N/A 58,256,710 58,256,710
B. Multi-Family Residences 1,800,670 N/A 1,800,670 1,800,670
C1. Vacant Lots 1,354,260 N/A 1,354,260 1,354,260
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 822,450 N/A 822,450 822,450
D2. Real Prop Farm & Ranch 450,660 N/A 450,660 450,660
E. Real Prop NonQual Acres 9,440,020 N/A 9,440,020 9,440,020
F1. Commercial Real 7,365,180 N/A 7,365,180 7,365,180
F2. Industrial Real 269,680 N/A 269,680 269,680
G. Oil, Gas, Minerals 1,331,000 N/A 1,331,000 1,331,000
J. Utilities 10,222,720 N/A 10,222,720 10,222,720
L1. Commercial Personal 3,234,760 N/A 3,234,760 3,234,760
L2. Industrial Personal 4,660,550 N/A 4,660,550 4,660,550
M. Other Personal 1,523,600 N/A 1,523,600 1,523,600
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 100,732,260 100,732,260 100,732,260
Less Total Deductions 26,888,077   26,888,077 26,888,077
Total Taxable Value 73,844,183 73,844,183 73,844,183 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
79,167,693 73,844,183 74,330,073 69,006,563


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,323,510 4,837,620


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
79,167,693 73,844,183 74,330,073 69,006,563

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