taxes Property Tax Assistance

2024 ISD Summary Worksheet

Lumberton ISD (all splits)   Hardin County  

100-Hardin/Hardin County

100-907/Lumberton ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 1,876,241,949 0.9322 2,012,703,228 2,012,703,228
B - MULTIFAMILY 70,692,617 N/A 70,692,617 70,692,617
C1 - VACANT LOTS 56,666,544 N/A 56,666,544 56,666,544
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,629,284 1.0266 2,561,167 2,561,167
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 17,287,519 N/A 17,287,519 17,287,519
F1 - COMMERCIAL REAL 197,752,278 0.9916 199,427,469 199,427,469
F2 - INDUSTRIAL REAL 2,015,504 N/A 2,015,504 2,015,504
G - ALL MINERALS 8,415,780 N/A 8,415,780 8,415,780
J - ALL UTILITIES 35,275,780 N/A 35,275,780 35,275,780
L1 - COMMERCIAL PERSONAL 52,126,136 N/A 52,126,136 52,126,136
L2 - INDUSTRIAL PERSONAL 3,778,700 N/A 3,778,700 3,778,700
M1 - MOBILE HOMES 39,669,455 N/A 39,669,455 39,669,455
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,112,289 N/A 2,112,289 2,112,289
S - SPECIAL INVENTORY 3,230,242 N/A 3,230,242 3,230,242
Subtotal 2,367,894,077 0 2,505,962,430 2,505,962,430
Less Total Deductions 872,926,270 0 914,053,737 914,053,737
Total Taxable Value 1,494,967,807 0 1,591,908,693 1,591,908,693

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's office 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 school 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 1,909,538,621 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,591,908,693 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,909,538,621 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,591,908,693 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,004,638,621 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 2,068,038,621 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,744,366,025 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 1,909,538,621 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,591,908,693 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,909,538,621 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,591,908,693 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,004,638,621 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 2,068,038,621 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,744,366,025 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 317,629,928 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 95,100,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 63,400,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT WAS NOT VALID IN THE LAST TWO STUDIES.


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100-907-02/Lumberton ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 1,876,241,949 0.9322 2,012,703,228 2,012,703,228
B - MULTIFAMILY 70,692,617 N/A 70,692,617 70,692,617
C1 - VACANT LOTS 56,666,544 N/A 56,666,544 56,666,544
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,629,284 1.0266 2,561,167 2,561,167
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 17,287,519 N/A 17,287,519 17,287,519
F1 - COMMERCIAL REAL 197,752,278 0.9916 199,427,469 199,427,469
F2 - INDUSTRIAL REAL 2,015,504 N/A 2,015,504 2,015,504
G - ALL MINERALS 8,415,780 N/A 8,415,780 8,415,780
J - ALL UTILITIES 35,275,780 N/A 35,275,780 35,275,780
L1 - COMMERCIAL PERSONAL 52,126,136 N/A 52,126,136 52,126,136
L2 - INDUSTRIAL PERSONAL 3,778,700 N/A 3,778,700 3,778,700
M1 - MOBILE HOMES 39,669,455 N/A 39,669,455 39,669,455
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,112,289 N/A 2,112,289 2,112,289
S - SPECIAL INVENTORY 3,230,242 N/A 3,230,242 3,230,242
Subtotal 2,367,894,077 2,505,962,430 2,505,962,430
Less Total Deductions 872,926,270 914,053,737 914,053,737
Total Taxable Value 1,494,967,807 1,591,908,693 1,591,908,693

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's office 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 school 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 1,909,538,621 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,591,908,693 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,909,538,621 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,591,908,693 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,004,638,621 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 2,068,038,621 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,744,366,025 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 1,909,538,621 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,591,908,693 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,909,538,621 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,591,908,693 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,004,638,621 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 2,068,038,621 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,744,366,025 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 317,629,928 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 95,100,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 63,400,000 Loss to the third most recent increase in the state-mandated homestead exemption

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