taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

100/Hardin

100-907/Lumberton ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 783,087,280 N/A 783,087,280 783,087,280
B. Multi-Family Residences 24,118,980 N/A 24,118,980 24,118,980
C1. Vacant Lots 31,191,490 N/A 31,191,490 31,191,490
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,641,470 N/A 5,641,470 5,641,470
D2. Real Prop Farm & Ranch 160,020 N/A 160,020 160,020
E. Real Prop NonQual Acres 72,754,340 N/A 72,754,340 72,754,340
F1. Commercial Real 86,673,970 N/A 86,673,970 86,673,970
F2. Industrial Real 257,820 N/A 257,820 257,820
G. Oil, Gas, Minerals 34,061,360 N/A 34,061,360 34,061,360
J. Utilities 18,636,810 N/A 18,636,810 18,636,810
L1. Commercial Personal 32,975,010 N/A 32,975,010 32,975,010
L2. Industrial Personal 1,547,200 N/A 1,547,200 1,547,200
M. Other Personal 17,283,670 N/A 17,283,670 17,283,670
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 5,398,190 N/A 5,398,190 5,398,190
S. Special Inventory 1,841,460 N/A 1,841,460 1,841,460
Subtotal 1,115,629,070 1,115,629,070 1,115,629,070
Less Total Deductions 147,264,763   147,264,763 147,264,763
Total Taxable Value 968,364,307 968,364,307 968,364,307 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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
1,019,157,847 968,364,307 1,019,157,847 968,364,307 968,364,307 968,364,307


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
50,793,540 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
1,019,157,847 968,364,307 1,019,157,847 968,364,307 968,364,307 968,364,307

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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