taxes Property Tax Assistance

2016 ISD Summary Worksheet

201/Rusk

201-914/West Rusk County CISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 106,408,130 .9397 113,236,278 106,408,130
B. Multi-Family Residences 1,840,180 N/A 1,840,180 1,840,180
C1. Vacant Lots 3,147,090 N/A 3,147,090 3,147,090
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,315,220 1.1178 4,755,163 5,315,220
D2. Real Prop Farm & Ranch 4,143,780 N/A 4,143,780 4,143,780
E. Real Prop NonQual Acres 42,181,510 1.0116 41,697,815 42,181,510
F1. Commercial Real 4,019,770 N/A 4,019,770 4,019,770
F2. Industrial Real 3,695,320 N/A 3,695,320 3,695,320
G. Oil, Gas, Minerals 127,119,840 .9953 127,720,125 127,119,840
J. Utilities 45,119,260 1.0786 41,831,318 45,119,260
L1. Commercial Personal 2,576,300 N/A 2,576,300 2,576,300
L2. Industrial Personal 61,754,190 N/A 61,754,190 61,754,190
M. Other Personal 4,752,510 N/A 4,752,510 4,752,510
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 11,790 N/A 11,790 11,790
Subtotal 412,084,890 415,181,629 412,084,890
Less Total Deductions 58,824,121   61,633,289 58,824,121
Total Taxable Value 353,260,769 353,548,340 353,260,769 T2

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
364,231,959 353,260,769 353,516,644 342,545,454


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,971,190 10,715,315


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
364,231,959 353,260,769 353,516,644 342,545,454

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