taxes Property Tax Assistance

2022 ISD Summary Worksheet

037-Cherokee/Cherokee County

037-907/Rusk ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	246,900,565	N/A	246,900,565	246,900,565
B - MULTIFAMILY	3,423,900	N/A	3,423,900	3,423,900
C1 - VACANT LOTS	9,262,852	N/A	9,262,852	9,262,852
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	20,989,921	N/A	20,989,921	20,989,921
D2 - FARM & RANCH IMP	9,891,500	N/A	9,891,500	9,891,500
E - NON-AG LAND AND IMPROVEMENTS	252,940,313	N/A	252,940,313	252,940,313
F1 - COMMERCIAL REAL	47,846,332	N/A	47,846,332	47,846,332
F2 - INDUSTRIAL REAL	5,023,610	N/A	5,023,610	5,023,610
G - ALL MINERALS	14,209,221	N/A	14,209,221	14,209,221
J - ALL UTILITIES	42,833,410	N/A	42,833,410	42,833,410
L1 - COMMERCIAL PERSONAL	15,576,750	N/A	15,576,750	15,576,750
L2 - INDUSTRIAL PERSONAL	24,805,860	N/A	24,805,860	24,805,860
M1 - MOBILE HOMES	14,102,880	N/A	14,102,880	14,102,880
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	67,130	N/A	67,130	67,130
S - SPECIAL INVENTORY	226,640	N/A	226,640	226,640
Subtotal	708,100,884	0	708,100,884	708,100,884
Less Total Deductions	175,462,062	0	175,462,062	175,462,062
Total Taxable Value	532,638,822	0	532,638,822	532,638,822

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	T13
557,375,956	532,638,822	557,375,956	532,638,822	582,415,956

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
24,737,134	0	25,040,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
557,375,956	532,638,822	557,375,956	532,638,822	582,415,956

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	5,330,420	N/A	5,330,420	5,330,420
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	176,570	N/A	176,570	176,570
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	840,100	N/A	840,100	840,100
D2 - FARM & RANCH IMP	1,045,400	N/A	1,045,400	1,045,400
E - NON-AG LAND AND IMPROVEMENTS	6,466,870	N/A	6,466,870	6,466,870
F1 - COMMERCIAL REAL	61,630	N/A	61,630	61,630
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	345,000	N/A	345,000	345,000
J - ALL UTILITIES	4,130,160	N/A	4,130,160	4,130,160
L1 - COMMERCIAL PERSONAL	0	N/A	0	0
L2 - INDUSTRIAL PERSONAL	267,170	N/A	267,170	267,170
M1 - MOBILE HOMES	321,780	N/A	321,780	321,780
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	18,985,100	0	18,985,100	18,985,100
Less Total Deductions	4,381,780	0	4,381,780	4,381,780
Total Taxable Value	14,603,320	0	14,603,320	14,603,320

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	T13
15,389,840	14,603,320	15,389,840	14,603,320	16,119,840

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
786,520	0	730,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
15,389,840	14,603,320	15,389,840	14,603,320	16,119,840

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

037-907-02/Rusk ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	252,230,985	N/A	252,230,985	252,230,985
B - MULTIFAMILY	3,423,900	N/A	3,423,900	3,423,900
C1 - VACANT LOTS	9,439,422	N/A	9,439,422	9,439,422
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	21,830,021	N/A	21,830,021	21,830,021
D2 - FARM & RANCH IMP	10,936,900	N/A	10,936,900	10,936,900
E - NON-AG LAND AND IMPROVEMENTS	259,407,183	N/A	259,407,183	259,407,183
F1 - COMMERCIAL REAL	47,907,962	N/A	47,907,962	47,907,962
F2 - INDUSTRIAL REAL	5,023,610	N/A	5,023,610	5,023,610
G - ALL MINERALS	14,554,221	N/A	14,554,221	14,554,221
J - ALL UTILITIES	46,963,570	N/A	46,963,570	46,963,570
L1 - COMMERCIAL PERSONAL	15,576,750	N/A	15,576,750	15,576,750
L2 - INDUSTRIAL PERSONAL	25,073,030	N/A	25,073,030	25,073,030
M1 - MOBILE HOMES	14,424,660	N/A	14,424,660	14,424,660
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	67,130	N/A	67,130	67,130
S - SPECIAL INVENTORY	226,640	N/A	226,640	226,640
Subtotal	727,085,984		727,085,984	727,085,984
Less Total Deductions	179,843,842		179,843,842	179,843,842
Total Taxable Value	547,242,142		547,242,142	547,242,142

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	T13
572,765,796	547,242,142	572,765,796	547,242,142	598,535,796

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
25,523,654	0	25,770,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
572,765,796	547,242,142	572,765,796	547,242,142	598,535,796

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement