taxes Property Tax Assistance

2018 ISD Summary Worksheet

100-Hardin

100-907/Lumberton ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 976,014,133 0.9839 991,985,093 976,014,133
B. MULTIFAMILY RESIDENCES 27,314,380 N/A 27,314,380 27,314,380
C1. VACANT LOTS 38,119,501 N/A 38,119,501 38,119,501
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,579,953 1.0070 4,548,167 4,579,953
D2. REAL PROP:FARM & RANCH 218,080 N/A 218,080 218,080
E. REAL PROP NONQUAL ACREAGE 81,988,990 0.9033 90,766,069 81,988,990
F1. COMMERCIAL REAL 119,182,610 0.8510 140,050,071 119,182,610
F2. INDUSTRIAL REAL 310,910 N/A 310,910 310,910
G. OIL,GAS,MINERALS 27,638,930 N/A 27,638,930 27,638,930
J. UTILITIES 22,035,460 N/A 22,035,460 22,035,460
L1. COMMERCIAL PERSONAL 38,427,860 N/A 38,427,860 38,427,860
L2. INDUSTRIAL PERSONAL 1,909,680 N/A 1,909,680 1,909,680
M. MOBILE HOMES 22,066,520 N/A 22,066,520 22,066,520
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 2,020,170 N/A 2,020,170 2,020,170
S. SPECIAL INVENTORY 3,251,490 N/A 3,251,490 3,251,490
Subtotal 1,365,078,667 0 1,410,662,381 1,365,078,667
Less Total Deductions 211,432,000 0 214,199,557 211,432,000
Total Taxable Value 1,153,646,667 0 1,196,462,824 1,153,646,667

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
1,206,360,500 1,153,646,667 1,206,360,500 1,153,646,667


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
52,713,833 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
1,206,360,500 1,153,646,667 1,206,360,500 1,153,646,667

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

100-907-02/Lumberton ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 976,014,133 0.9839 991,985,093 976,014,133
B. MULTIFAMILY RESIDENCES 27,314,380 N/A 27,314,380 27,314,380
C1. VACANT LOTS 38,119,501 N/A 38,119,501 38,119,501
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,579,953 1.0070 4,548,167 4,579,953
D2. REAL PROP:FARM & RANCH 218,080 N/A 218,080 218,080
E. REAL PROP NONQUAL ACREAGE 81,988,990 0.9033 90,766,069 81,988,990
F1. COMMERCIAL REAL 119,182,610 0.8510 140,050,071 119,182,610
F2. INDUSTRIAL REAL 310,910 N/A 310,910 310,910
G. OIL,GAS,MINERALS 27,638,930 N/A 27,638,930 27,638,930
J. UTILITIES 22,035,460 N/A 22,035,460 22,035,460
L1. COMMERCIAL PERSONAL 38,427,860 N/A 38,427,860 38,427,860
L2. INDUSTRIAL PERSONAL 1,909,680 N/A 1,909,680 1,909,680
M. MOBILE HOMES 22,066,520 N/A 22,066,520 22,066,520
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 2,020,170 N/A 2,020,170 2,020,170
S. SPECIAL INVENTORY 3,251,490 N/A 3,251,490 3,251,490
Subtotal 1,365,078,667 1,410,662,381 1,365,078,667
Less Total Deductions 211,432,000 214,199,557 211,432,000
Total Taxable Value 1,153,646,667 1,196,462,824 1,153,646,667

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
1,206,360,500 1,153,646,667 1,206,360,500 1,153,646,667


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
52,713,833 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
1,206,360,500 1,153,646,667 1,206,360,500 1,153,646,667

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