taxes Property Tax Assistance

2021 ISD Summary Worksheet

037-Cherokee /Cherokee County

037-907/Rusk ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	204,731,932	1.0585	193,417,035	204,731,932
B - MULTIFAMILY	2,423,540	N/A	2,423,540	2,423,540
C1 - VACANT LOTS	8,188,511	N/A	8,188,511	8,188,511
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	22,508,661	1.1090	20,297,174	22,508,661
D2 - FARM & RANCH IMP	9,339,070	N/A	9,339,070	9,339,070
E - NON-AG LAND AND IMPROVEMENTS	216,245,980	0.9199	235,075,530	216,245,980
F1 - COMMERCIAL REAL	42,076,410	0.8943	47,049,547	42,076,410
F2 - INDUSTRIAL REAL	4,617,880	N/A	4,617,880	4,617,880
G - ALL MINERALS	12,002,820	N/A	12,002,820	12,002,820
J - ALL UTILITIES	41,378,410	0.9486	43,620,504	41,378,410
L1 - COMMERCIAL PERSONAL	12,666,440	N/A	12,666,440	12,666,440
L2 - INDUSTRIAL PERSONAL	14,113,490	N/A	14,113,490	14,113,490
M1 - MOBILE HOMES	11,871,830	N/A	11,871,830	11,871,830
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	67,130	N/A	67,130	67,130
S - SPECIAL INVENTORY	144,140	N/A	144,140	144,140
Subtotal	602,376,244	0	614,894,641	602,376,244
Less Total Deductions	129,114,468	0	121,231,513	129,114,468
Total Taxable Value	473,261,776	0	493,663,128	473,261,776

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
491,788,741	473,261,776	491,788,741	473,261,776

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
18,526,965	0

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
491,788,741	473,261,776	491,788,741	473,261,776

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-Rusk /Rusk County

037-907/Rusk ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	4,444,270	N/A	4,444,270	4,444,270
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	130,580	N/A	130,580	130,580
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	871,550	N/A	871,550	871,550
D2 - FARM & RANCH IMP	701,810	N/A	701,810	701,810
E - NON-AG LAND AND IMPROVEMENTS	5,623,400	N/A	5,623,400	5,623,400
F1 - COMMERCIAL REAL	58,110	N/A	58,110	58,110
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	311,940	N/A	311,940	311,940
J - ALL UTILITIES	4,195,890	N/A	4,195,890	4,195,890
L1 - COMMERCIAL PERSONAL	5,110	N/A	5,110	5,110
L2 - INDUSTRIAL PERSONAL	346,310	N/A	346,310	346,310
M1 - MOBILE HOMES	329,970	N/A	329,970	329,970
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	17,018,940	0	17,018,940	17,018,940
Less Total Deductions	3,132,572	0	3,132,572	3,132,572
Total Taxable Value	13,886,368	0	13,886,368	13,886,368

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
14,492,018	13,886,368	14,492,018	13,886,368

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
605,650	0

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
14,492,018	13,886,368	14,492,018	13,886,368

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

037-907-02/Rusk ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	209,176,202	1.0572	197,861,305	209,176,202
B - MULTIFAMILY	2,423,540	N/A	2,423,540	2,423,540
C1 - VACANT LOTS	8,319,091	N/A	8,319,091	8,319,091
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	23,380,211	1.1045	21,168,724	23,380,211
D2 - FARM & RANCH IMP	10,040,880	N/A	10,040,880	10,040,880
E - NON-AG LAND AND IMPROVEMENTS	221,869,380	0.9218	240,698,930	221,869,380
F1 - COMMERCIAL REAL	42,134,520	0.8944	47,107,657	42,134,520
F2 - INDUSTRIAL REAL	4,617,880	N/A	4,617,880	4,617,880
G - ALL MINERALS	12,314,760	N/A	12,314,760	12,314,760
J - ALL UTILITIES	45,574,300	0.9531	47,816,394	45,574,300
L1 - COMMERCIAL PERSONAL	12,671,550	N/A	12,671,550	12,671,550
L2 - INDUSTRIAL PERSONAL	14,459,800	N/A	14,459,800	14,459,800
M1 - MOBILE HOMES	12,201,800	N/A	12,201,800	12,201,800
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	67,130	N/A	67,130	67,130
S - SPECIAL INVENTORY	144,140	N/A	144,140	144,140
Subtotal	619,395,184		631,913,581	619,395,184
Less Total Deductions	132,247,040		124,364,085	132,247,040
Total Taxable Value	487,148,144		507,549,496	487,148,144

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
506,280,759	487,148,144	506,280,759	487,148,144

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
19,132,615	0

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
506,280,759	487,148,144	506,280,759	487,148,144

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