taxes Property Tax Assistance

2018 ISD Summary Worksheet

201/Rusk

201-907/Mount Enterprise ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 34,635,770 .9725 35,615,188 34,635,770
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,471,310 N/A 1,471,310 1,471,310
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,284,270 1.0807 4,889,811 5,284,270
D2. Real Prop Farm & Ranch 2,190,110 N/A 2,190,110 2,190,110
E. Real Prop NonQual Acres 20,215,100 1.0344 19,542,827 20,215,100
F1. Commercial Real 3,213,170 N/A 3,213,170 3,213,170
F2. Industrial Real 290,190 N/A 290,190 290,190
G. Oil, Gas, Minerals 1,371,970 N/A 1,371,970 1,371,970
J. Utilities 7,281,290 .9511 7,655,651 7,281,290
L1. Commercial Personal 2,408,320 N/A 2,408,320 2,408,320
L2. Industrial Personal 1,605,090 N/A 1,605,090 1,605,090
M. Other Personal 2,796,810 N/A 2,796,810 2,796,810
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 82,763,400 83,050,447 82,763,400
Less Total Deductions 21,180,967   21,672,746 21,180,967
Total Taxable Value 61,582,433 61,377,701 61,582,433 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
61,582,433 61,582,433 57,459,623 57,459,623


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 4,122,810


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
61,582,433 61,582,433 57,459,623 57,459,623

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