taxes Property Tax Assistance

2018 ISD Summary Worksheet

201/Rusk

201-903/Laneville ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 29,135,590 .9691 30,064,586 29,135,590
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,083,990 N/A 1,083,990 1,083,990
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,477,850 1.1073 7,656,568 8,477,850
D2. Real Prop Farm & Ranch 4,287,390 N/A 4,287,390 4,287,390
E. Real Prop NonQual Acres 25,255,140 .9187 27,490,084 25,255,140
F1. Commercial Real 153,050 N/A 153,050 153,050
F2. Industrial Real 333,930 N/A 333,930 333,930
G. Oil, Gas, Minerals 3,902,390 N/A 3,902,390 3,902,390
J. Utilities 36,331,830 .9081 40,008,622 36,331,830
L1. Commercial Personal 384,430 N/A 384,430 384,430
L2. Industrial Personal 1,641,770 N/A 1,641,770 1,641,770
M. Other Personal 2,213,630 N/A 2,213,630 2,213,630
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 113,200,990 119,220,440 113,200,990
Less Total Deductions 22,590,720   23,201,065 22,590,720
Total Taxable Value 90,610,270 96,019,375 90,610,270 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
90,610,270 90,610,270 86,959,110 86,959,110


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 3,651,160


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
90,610,270 90,610,270 86,959,110 86,959,110

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