taxes Property Tax Assistance

2017 ISD Summary Worksheet

100/Hardin

100-907/Lumberton ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 955,114,933 N/A 955,114,933 955,114,933
B. Multi-Family Residences 27,407,680 N/A 27,407,680 27,407,680
C1. Vacant Lots 30,747,609 N/A 30,747,609 30,747,609
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,828,050 N/A 4,828,050 4,828,050
D2. Real Prop Farm & Ranch 645,480 N/A 645,480 645,480
E. Real Prop NonQual Acres 91,374,710 N/A 91,374,710 91,374,710
F1. Commercial Real 116,329,560 N/A 116,329,560 116,329,560
F2. Industrial Real 310,910 N/A 310,910 310,910
G. Oil, Gas, Minerals 17,141,660 N/A 17,141,660 17,141,660
J. Utilities 22,842,540 N/A 22,842,540 22,842,540
L1. Commercial Personal 38,800,820 N/A 38,800,820 38,800,820
L2. Industrial Personal 2,094,190 N/A 2,094,190 2,094,190
M. Other Personal 21,735,450 N/A 21,735,450 21,735,450
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,429,819 N/A 3,429,819 3,429,819
S. Special Inventory 3,923,850 N/A 3,923,850 3,923,850
Subtotal 1,336,727,261 1,336,727,261 1,336,727,261
Less Total Deductions 213,533,817   213,533,817 213,533,817
Total Taxable Value 1,123,193,444 1,123,193,444 1,123,193,444 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
1,174,638,707 1,123,193,444 1,174,638,707 1,123,193,444


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
51,445,263 0


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
1,174,638,707 1,123,193,444 1,174,638,707 1,123,193,444

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