taxes Property Tax Assistance

2023 ISD Summary Worksheet

Lumberton ISD (all splits)   Hardin County  

100-Hardin/Hardin County

100-907/Lumberton ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,750,718,493 0.9503 1,842,279,799 1,750,718,493
B - MULTIFAMILY 72,165,039 N/A 72,165,039 72,165,039
C1 - VACANT LOTS 43,095,415 N/A 43,095,415 43,095,415
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,999,988 1.0073 2,978,364 2,999,988
D2 - FARM & RANCH IMP 7,313 N/A 7,313 7,313
E - NON-AG LAND AND IMPROVEMENTS 141,950,181 0.9409 150,866,384 141,950,181
F1 - COMMERCIAL REAL 210,217,557 1.0319 203,718,923 210,217,557
F2 - INDUSTRIAL REAL 1,988,888 N/A 1,988,888 1,988,888
G - ALL MINERALS 8,811,360 N/A 8,811,360 8,811,360
J - ALL UTILITIES 35,275,780 N/A 35,275,780 35,275,780
L1 - COMMERCIAL PERSONAL 49,923,087 N/A 49,923,087 49,923,087
L2 - INDUSTRIAL PERSONAL 3,778,700 N/A 3,778,700 3,778,700
M1 - MOBILE HOMES 39,523,876 N/A 39,523,876 39,523,876
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,579,215 N/A 2,579,215 2,579,215
S - SPECIAL INVENTORY 4,867,638 N/A 4,867,638 4,867,638
Subtotal 2,367,902,530 0 2,461,859,781 2,367,902,530
Less Total Deductions 916,077,442 0 947,861,974 916,077,442
Total Taxable Value 1,451,825,088 0 1,513,997,807 1,451,825,088

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

Measure Value Description
T1 1,762,805,070 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,451,825,088 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 1,762,805,070 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,451,825,088 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,856,615,070 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,919,155,070 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,531,847,001 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,762,805,070 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,451,825,088 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 1,762,805,070 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,451,825,088 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,856,615,070 T13 plus the loss to the chapter 313 agreement
T16 1,919,155,070 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,531,847,001 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 310,979,982 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 93,810,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 62,540,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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100-907-02/Lumberton ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,750,718,493 0.9503 1,842,279,799 1,750,718,493
B - MULTIFAMILY 72,165,039 N/A 72,165,039 72,165,039
C1 - VACANT LOTS 43,095,415 N/A 43,095,415 43,095,415
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,999,988 1.0073 2,978,364 2,999,988
D2 - FARM & RANCH IMP 7,313 N/A 7,313 7,313
E - NON-AG LAND AND IMPROVEMENTS 141,950,181 0.9409 150,866,384 141,950,181
F1 - COMMERCIAL REAL 210,217,557 1.0319 203,718,923 210,217,557
F2 - INDUSTRIAL REAL 1,988,888 N/A 1,988,888 1,988,888
G - ALL MINERALS 8,811,360 N/A 8,811,360 8,811,360
J - ALL UTILITIES 35,275,780 N/A 35,275,780 35,275,780
L1 - COMMERCIAL PERSONAL 49,923,087 N/A 49,923,087 49,923,087
L2 - INDUSTRIAL PERSONAL 3,778,700 N/A 3,778,700 3,778,700
M1 - MOBILE HOMES 39,523,876 N/A 39,523,876 39,523,876
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,579,215 N/A 2,579,215 2,579,215
S - SPECIAL INVENTORY 4,867,638 N/A 4,867,638 4,867,638
Subtotal 2,367,902,530 2,461,859,781 2,367,902,530
Less Total Deductions 916,077,442 947,861,974 916,077,442
Total Taxable Value 1,451,825,088 1,513,997,807 1,451,825,088

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

Measure Value Description
T1 1,762,805,070 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,451,825,088 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 1,762,805,070 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,451,825,088 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,856,615,070 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,919,155,070 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,531,847,001 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,762,805,070 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,451,825,088 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 1,762,805,070 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,451,825,088 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,856,615,070 T13 plus the loss to the chapter 313 agreement
T16 1,919,155,070 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,531,847,001 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 310,979,982 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 93,810,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 62,540,000 Loss to Second Previous Homestead Increase

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