taxes Property Tax Assistance

2023 ISD Summary Worksheet

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 1,760,768,558 0.9255 1,902,505,195 1,902,505,195
B - MULTIFAMILY 78,609,104 N/A 78,609,104 78,609,104
C1 - VACANT LOTS 49,100,279 N/A 49,100,279 49,100,279
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,846,085 1.0289 2,766,081 2,766,081
D2 - FARM & RANCH IMP 7,313 N/A 7,313 7,313
E - NON-AG LAND AND IMPROVEMENTS 144,573,388 0.9396 153,866,952 153,866,952
F1 - COMMERCIAL REAL 216,895,966 1.0166 213,354,285 213,354,285
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 49,927,794 N/A 49,927,794 49,927,794
L2 - INDUSTRIAL PERSONAL 3,778,700 N/A 3,778,700 3,778,700
M1 - MOBILE HOMES 29,148,071 N/A 29,148,071 29,148,071
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 4,866,346 N/A 4,866,346 4,866,346
Subtotal 2,389,176,847 0 2,536,585,363 2,536,585,363
Less Total Deductions 791,621,665 0 839,736,329 839,736,329
Total Taxable Value 1,597,555,182 0 1,696,849,034 1,696,849,034

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 2,002,958,988 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,696,849,034 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 2,002,958,988 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,696,849,034 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,094,158,988 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,154,958,988 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,714,124,318 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 2,002,958,988 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,696,849,034 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 2,002,958,988 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,696,849,034 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,094,158,988 T13 plus the loss to the chapter 313 agreement
T16 2,154,958,988 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,714,124,318 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 306,109,954 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 91,200,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 60,800,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE

100-907-02/Lumberton ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,760,768,558 0.9255 1,902,505,195 1,902,505,195
B - MULTIFAMILY 78,609,104 N/A 78,609,104 78,609,104
C1 - VACANT LOTS 49,100,279 N/A 49,100,279 49,100,279
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,846,085 1.0289 2,766,081 2,766,081
D2 - FARM & RANCH IMP 7,313 N/A 7,313 7,313
E - NON-AG LAND AND IMPROVEMENTS 144,573,388 0.9396 153,866,952 153,866,952
F1 - COMMERCIAL REAL 216,895,966 1.0166 213,354,285 213,354,285
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 49,927,794 N/A 49,927,794 49,927,794
L2 - INDUSTRIAL PERSONAL 3,778,700 N/A 3,778,700 3,778,700
M1 - MOBILE HOMES 29,148,071 N/A 29,148,071 29,148,071
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 4,866,346 N/A 4,866,346 4,866,346
Subtotal 2,389,176,847 2,536,585,363 2,536,585,363
Less Total Deductions 791,621,665 839,736,329 839,736,329
Total Taxable Value 1,597,555,182 1,696,849,034 1,696,849,034

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 2,002,958,988 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,696,849,034 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 2,002,958,988 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,696,849,034 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,094,158,988 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,154,958,988 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,714,124,318 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 2,002,958,988 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,696,849,034 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 2,002,958,988 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,696,849,034 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,094,158,988 T13 plus the loss to the chapter 313 agreement
T16 2,154,958,988 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,714,124,318 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 306,109,954 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 91,200,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 60,800,000 Loss to Second Previous Homestead Increase