taxes Property Tax Assistance

2022 ISD Summary Worksheet

201-Rusk/Rusk County

201-908/Overton ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	83,004,270	1.0577	78,476,194	83,004,270
B - MULTIFAMILY	2,833,426	N/A	2,833,426	2,833,426
C1 - VACANT LOTS	2,757,700	N/A	2,757,700	2,757,700
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	871,264	1.1344	768,027	871,264
D2 - FARM & RANCH IMP	728,310	N/A	728,310	728,310
E - NON-AG LAND AND IMPROVEMENTS	15,315,060	0.8796	17,411,392	15,315,060
F1 - COMMERCIAL REAL	9,630,265	0.8671	11,106,291	9,630,265
F2 - INDUSTRIAL REAL	2,213,690	N/A	2,213,690	2,213,690
G - ALL MINERALS	2,842,410	N/A	2,842,410	2,842,410
J - ALL UTILITIES	21,932,990	0.9262	23,680,620	21,932,990
L1 - COMMERCIAL PERSONAL	2,754,210	N/A	2,754,210	2,754,210
L2 - INDUSTRIAL PERSONAL	3,468,880	N/A	3,468,880	3,468,880
M1 - MOBILE HOMES	1,822,340	N/A	1,822,340	1,822,340
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	150,174,815	0	150,863,490	150,174,815
Less Total Deductions	39,232,879	0	37,618,681	39,232,879
Total Taxable Value	110,941,936	0	113,244,809	110,941,936

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
117,147,806	110,941,936	112,140,361	105,934,491	122,747,806

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
6,205,870	5,007,445	5,600,000

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
117,147,806	110,941,936	112,140,361	105,934,491	122,747,806

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

201-908-02/Overton ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	83,004,270	1.0577	78,476,194	83,004,270
B - MULTIFAMILY	2,833,426	N/A	2,833,426	2,833,426
C1 - VACANT LOTS	2,757,700	N/A	2,757,700	2,757,700
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	871,264	1.1344	768,027	871,264
D2 - FARM & RANCH IMP	728,310	N/A	728,310	728,310
E - NON-AG LAND AND IMPROVEMENTS	15,315,060	0.8796	17,411,392	15,315,060
F1 - COMMERCIAL REAL	9,630,265	0.8671	11,106,291	9,630,265
F2 - INDUSTRIAL REAL	2,213,690	N/A	2,213,690	2,213,690
G - ALL MINERALS	2,842,410	N/A	2,842,410	2,842,410
J - ALL UTILITIES	21,932,990	0.9262	23,680,620	21,932,990
L1 - COMMERCIAL PERSONAL	2,754,210	N/A	2,754,210	2,754,210
L2 - INDUSTRIAL PERSONAL	3,468,880	N/A	3,468,880	3,468,880
M1 - MOBILE HOMES	1,822,340	N/A	1,822,340	1,822,340
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	150,174,815		150,863,490	150,174,815
Less Total Deductions	39,232,879		37,618,681	39,232,879
Total Taxable Value	110,941,936		113,244,809	110,941,936

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
117,147,806	110,941,936	112,140,361	105,934,491	122,747,806

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
6,205,870	5,007,445	5,600,000

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
117,147,806	110,941,936	112,140,361	105,934,491	122,747,806

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