taxes Property Tax Assistance

2019 ISD Summary Worksheet

201-Rusk

201-903/Laneville ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 29,966,140 N/A 29,966,140 29,966,140
C1. VACANT LOTS 1,068,900 N/A 1,068,900 1,068,900
D1. QUALIFIED AG LAND 8,753,480 N/A 8,753,480 8,753,480
D2. REAL PROP:FARM & RANCH 4,643,360 N/A 4,643,360 4,643,360
E. REAL PROP NONQUAL ACREAGE 25,381,730 N/A 25,381,730 25,381,730
F1. COMMERCIAL REAL 307,730 N/A 307,730 307,730
F2. INDUSTRIAL REAL 340,220 N/A 340,220 340,220
G. OIL,GAS,MINERALS 4,727,760 N/A 4,727,760 4,727,760
J. UTILITIES 40,093,890 N/A 40,093,890 40,093,890
L1. COMMERCIAL PERSONAL 485,028 N/A 485,028 485,028
L2. INDUSTRIAL PERSONAL 1,566,350 N/A 1,566,350 1,566,350
M. MOBILE HOMES 2,215,920 N/A 2,215,920 2,215,920
Subtotal 119,550,508 0 119,550,508 119,550,508
Less Total Deductions 21,186,907 0 21,186,907 21,186,907
Total Taxable Value 98,363,601 0 98,363,601 98,363,601

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
101,905,221 98,363,601 98,245,131 94,703,511


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,541,620 3,660,090


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
101,905,221 98,363,601 98,245,131 94,703,511

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

201-903-02/Laneville ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 29,966,140 N/A 29,966,140 29,966,140
C1. VACANT LOTS 1,068,900 N/A 1,068,900 1,068,900
D1. QUALIFIED AG LAND 8,753,480 N/A 8,753,480 8,753,480
D2. REAL PROP:FARM & RANCH 4,643,360 N/A 4,643,360 4,643,360
E. REAL PROP NONQUAL ACREAGE 25,381,730 N/A 25,381,730 25,381,730
F1. COMMERCIAL REAL 307,730 N/A 307,730 307,730
F2. INDUSTRIAL REAL 340,220 N/A 340,220 340,220
G. OIL,GAS,MINERALS 4,727,760 N/A 4,727,760 4,727,760
J. UTILITIES 40,093,890 N/A 40,093,890 40,093,890
L1. COMMERCIAL PERSONAL 485,028 N/A 485,028 485,028
L2. INDUSTRIAL PERSONAL 1,566,350 N/A 1,566,350 1,566,350
M. MOBILE HOMES 2,215,920 N/A 2,215,920 2,215,920
Subtotal 119,550,508 119,550,508 119,550,508
Less Total Deductions 21,186,907 21,186,907 21,186,907
Total Taxable Value 98,363,601 98,363,601 98,363,601

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
101,905,221 98,363,601 98,245,131 94,703,511


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,541,620 3,660,090


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
101,905,221 98,363,601 98,245,131 94,703,511

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