taxes Property Tax Assistance

2021 ISD Summary Worksheet

201-Rusk /Rusk County

201-903/Laneville ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	35,049,090	N/A	35,049,090	35,049,090
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	2,197,420	N/A	2,197,420	2,197,420
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,157,963	N/A	9,157,963	9,157,963
D2 - FARM & RANCH IMP	5,542,850	N/A	5,542,850	5,542,850
E - NON-AG LAND AND IMPROVEMENTS	31,022,040	N/A	31,022,040	31,022,040
F1 - COMMERCIAL REAL	225,890	N/A	225,890	225,890
F2 - INDUSTRIAL REAL	493,770	N/A	493,770	493,770
G - ALL MINERALS	836,520	N/A	836,520	836,520
J - ALL UTILITIES	41,352,100	N/A	41,352,100	41,352,100
L1 - COMMERCIAL PERSONAL	581,640	N/A	581,640	581,640
L2 - INDUSTRIAL PERSONAL	1,167,160	N/A	1,167,160	1,167,160
M1 - MOBILE HOMES	2,499,040	N/A	2,499,040	2,499,040
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	130,125,483	0	130,125,483	130,125,483
Less Total Deductions	23,772,549	0	23,772,549	23,772,549
Total Taxable Value	106,352,934	0	106,352,934	106,352,934

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
109,828,624	106,352,934	105,909,749	102,434,059

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,475,690	3,918,875

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
109,828,624	106,352,934	105,909,749	102,434,059

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	35,049,090	N/A	35,049,090	35,049,090
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	2,197,420	N/A	2,197,420	2,197,420
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,157,963	N/A	9,157,963	9,157,963
D2 - FARM & RANCH IMP	5,542,850	N/A	5,542,850	5,542,850
E - NON-AG LAND AND IMPROVEMENTS	31,022,040	N/A	31,022,040	31,022,040
F1 - COMMERCIAL REAL	225,890	N/A	225,890	225,890
F2 - INDUSTRIAL REAL	493,770	N/A	493,770	493,770
G - ALL MINERALS	836,520	N/A	836,520	836,520
J - ALL UTILITIES	41,352,100	N/A	41,352,100	41,352,100
L1 - COMMERCIAL PERSONAL	581,640	N/A	581,640	581,640
L2 - INDUSTRIAL PERSONAL	1,167,160	N/A	1,167,160	1,167,160
M1 - MOBILE HOMES	2,499,040	N/A	2,499,040	2,499,040
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	130,125,483		130,125,483	130,125,483
Less Total Deductions	23,772,549		23,772,549	23,772,549
Total Taxable Value	106,352,934		106,352,934	106,352,934

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
109,828,624	106,352,934	105,909,749	102,434,059

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,475,690	3,918,875

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
109,828,624	106,352,934	105,909,749	102,434,059

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