taxes Property Tax Assistance

2018 ISD Summary Worksheet

201-Rusk

201-904/Leveretts Chapel ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 15,982,120 0.9403 16,996,831 15,982,120
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 988,320 N/A 988,320 988,320
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 673,660 1.0797 623,917 673,660
D2. REAL PROP:FARM & RANCH 178,740 N/A 178,740 178,740
E. REAL PROP NONQUAL ACREAGE 4,369,690 0.8867 4,928,037 4,369,690
F1. COMMERCIAL REAL 0 N/A 0 0
F2. INDUSTRIAL REAL 595,570 N/A 595,570 595,570
G. OIL,GAS,MINERALS 6,499,800 1.0250 6,341,268 6,499,800
J. UTILITIES 4,252,480 0.9654 4,404,889 4,252,480
L1. COMMERCIAL PERSONAL 950,440 N/A 950,440 950,440
L2. INDUSTRIAL PERSONAL 943,770 N/A 943,770 943,770
M. MOBILE HOMES 1,627,040 N/A 1,627,040 1,627,040
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 37,061,630 0 38,578,822 37,061,630
Less Total Deductions 6,374,481 0 6,651,401 6,374,481
Total Taxable Value 30,687,149 0 31,927,421 30,687,149

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
30,687,149 30,687,149 29,510,164 29,510,164


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 1,176,985


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
30,687,149 30,687,149 29,510,164 29,510,164

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

201-904-02/Leveretts Chapel ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 15,982,120 0.9403 16,996,831 15,982,120
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 988,320 N/A 988,320 988,320
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 673,660 1.0797 623,917 673,660
D2. REAL PROP:FARM & RANCH 178,740 N/A 178,740 178,740
E. REAL PROP NONQUAL ACREAGE 4,369,690 0.8867 4,928,037 4,369,690
F1. COMMERCIAL REAL 0 N/A 0 0
F2. INDUSTRIAL REAL 595,570 N/A 595,570 595,570
G. OIL,GAS,MINERALS 6,499,800 1.0250 6,341,268 6,499,800
J. UTILITIES 4,252,480 0.9654 4,404,889 4,252,480
L1. COMMERCIAL PERSONAL 950,440 N/A 950,440 950,440
L2. INDUSTRIAL PERSONAL 943,770 N/A 943,770 943,770
M. MOBILE HOMES 1,627,040 N/A 1,627,040 1,627,040
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 37,061,630 38,578,822 37,061,630
Less Total Deductions 6,374,481 6,651,401 6,374,481
Total Taxable Value 30,687,149 31,927,421 30,687,149

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
30,687,149 30,687,149 29,510,164 29,510,164


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
0 1,176,985


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
30,687,149 30,687,149 29,510,164 29,510,164

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