taxes Property Tax Assistance

2020 ISD Summary Worksheet

100-Hardin /Hardin County

100-907/Lumberton ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,129,426,715 0.9037 1,249,780,585 1,129,426,715
B - MULTIFAMILY 34,204,210 N/A 34,204,210 34,204,210
C1 - VACANT LOTS 38,391,010 N/A 38,391,010 38,391,010
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,533,980 1.0377 3,405,581 3,533,980
D2 - FARM & RANCH IMP 337,440 N/A 337,440 337,440
E - NON-AG LAND AND IMPROVEMENTS 96,560,300 1.0217 94,509,445 96,560,300
F1 - COMMERCIAL REAL 138,247,410 0.9557 144,655,656 138,247,410
F2 - INDUSTRIAL REAL 349,050 N/A 349,050 349,050
G - ALL MINERALS 12,364,100 N/A 12,364,100 12,364,100
J - ALL UTILITIES 25,209,520 N/A 25,209,520 25,209,520
L1 - COMMERCIAL PERSONAL 43,019,163 N/A 43,019,163 43,019,163
L2 - INDUSTRIAL PERSONAL 3,124,190 N/A 3,124,190 3,124,190
M1 - MOBILE HOMES 23,645,220 N/A 23,645,220 23,645,220
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,550,360 N/A 2,550,360 2,550,360
S - SPECIAL INVENTORY 2,910,143 N/A 2,910,143 2,910,143
Subtotal 1,553,872,811 0 1,678,455,673 1,553,872,811
Less Total Deductions 234,815,588 0 258,227,441 234,815,588
Total Taxable Value 1,319,057,223 0 1,420,228,232 1,319,057,223

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
1,371,775,643 1,319,057,223 1,371,775,643 1,319,057,223


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
52,718,420 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
1,371,775,643 1,319,057,223 1,371,775,643 1,319,057,223

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

100-907-02/Lumberton ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,129,426,715 0.9037 1,249,780,585 1,129,426,715
B - MULTIFAMILY 34,204,210 N/A 34,204,210 34,204,210
C1 - VACANT LOTS 38,391,010 N/A 38,391,010 38,391,010
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,533,980 1.0377 3,405,581 3,533,980
D2 - FARM & RANCH IMP 337,440 N/A 337,440 337,440
E - NON-AG LAND AND IMPROVEMENTS 96,560,300 1.0217 94,509,445 96,560,300
F1 - COMMERCIAL REAL 138,247,410 0.9557 144,655,656 138,247,410
F2 - INDUSTRIAL REAL 349,050 N/A 349,050 349,050
G - ALL MINERALS 12,364,100 N/A 12,364,100 12,364,100
J - ALL UTILITIES 25,209,520 N/A 25,209,520 25,209,520
L1 - COMMERCIAL PERSONAL 43,019,163 N/A 43,019,163 43,019,163
L2 - INDUSTRIAL PERSONAL 3,124,190 N/A 3,124,190 3,124,190
M1 - MOBILE HOMES 23,645,220 N/A 23,645,220 23,645,220
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,550,360 N/A 2,550,360 2,550,360
S - SPECIAL INVENTORY 2,910,143 N/A 2,910,143 2,910,143
Subtotal 1,553,872,811 1,678,455,673 1,553,872,811
Less Total Deductions 234,815,588 258,227,441 234,815,588
Total Taxable Value 1,319,057,223 1,420,228,232 1,319,057,223

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
1,371,775,643 1,319,057,223 1,371,775,643 1,319,057,223


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
52,718,420 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
1,371,775,643 1,319,057,223 1,371,775,643 1,319,057,223

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