taxes Property Tax Assistance

2018 ISD Summary Worksheet

201/Rusk

201-914/West Rusk County CISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 109,173,370 .9649 113,144,751 109,173,370
B. Multi-Family Residences 1,844,730 N/A 1,844,730 1,844,730
C1. Vacant Lots 3,173,870 N/A 3,173,870 3,173,870
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,420,030 1.1393 4,757,407 5,420,030
D2. Real Prop Farm & Ranch 4,478,510 N/A 4,478,510 4,478,510
E. Real Prop NonQual Acres 44,265,930 .9265 47,777,582 44,265,930
F1. Commercial Real 4,148,100 N/A 4,148,100 4,148,100
F2. Industrial Real 3,712,680 N/A 3,712,680 3,712,680
G. Oil, Gas, Minerals 140,621,030 .9982 140,874,604 140,621,030
J. Utilities 43,297,770 .9520 45,480,851 43,297,770
L1. Commercial Personal 2,637,800 N/A 2,637,800 2,637,800
L2. Industrial Personal 54,286,840 N/A 54,286,840 54,286,840
M. Other Personal 4,849,580 N/A 4,849,580 4,849,580
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 23,260 N/A 23,260 23,260
Subtotal 421,933,500 431,190,565 421,933,500
Less Total Deductions 58,422,379   60,044,294 58,422,379
Total Taxable Value 363,511,121 371,146,271 363,511,121 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
363,511,121 363,511,121 352,668,746 352,668,746


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 10,842,375


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
363,511,121 363,511,121 352,668,746 352,668,746

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