taxes Property Tax Assistance

2020 ISD Summary Worksheet

070-Ellis /Ellis County

070-908/Midlothian ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 4,188,722,905 0.9885 4,237,453,622 4,188,722,905
B - MULTIFAMILY 171,887,600 N/A 171,887,600 171,887,600
C1 - VACANT LOTS 73,358,163 N/A 73,358,163 73,358,163
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,802,055 3.4357 1,397,680 4,802,055
D2 - FARM & RANCH IMP 3,859,929 N/A 3,859,929 3,859,929
E - NON-AG LAND AND IMPROVEMENTS 196,179,980 N/A 196,179,980 196,179,980
F1 - COMMERCIAL REAL 698,278,434 1.0354 674,404,514 698,278,434
F2 - INDUSTRIAL REAL 871,424,104 N/A 871,424,104 871,424,104
G - ALL MINERALS 4,329,404 N/A 4,329,404 4,329,404
J - ALL UTILITIES 131,697,644 N/A 131,697,644 131,697,644
L1 - COMMERCIAL PERSONAL 252,936,348 N/A 252,936,348 252,936,348
L2 - INDUSTRIAL PERSONAL 313,468,466 N/A 313,468,466 313,468,466
M1 - MOBILE HOMES 9,378,889 N/A 9,378,889 9,378,889
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 104,127,654 N/A 104,127,654 104,127,654
S - SPECIAL INVENTORY 1,337,970 N/A 1,337,970 1,337,970
Subtotal 7,025,789,545 0 7,047,241,967 7,025,789,545
Less Total Deductions 1,779,906,297 0 1,789,308,854 1,779,906,297
Total Taxable Value 5,245,883,248 0 5,257,933,113 5,245,883,248

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
5,360,207,190 5,245,883,248 5,185,792,934 5,071,468,992


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
114,323,942 174,414,256


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
5,360,207,190 5,245,883,248 5,185,792,934 5,071,468,992

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

070-908-02/Midlothian ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 4,188,722,905 0.9885 4,237,453,622 4,188,722,905
B - MULTIFAMILY 171,887,600 N/A 171,887,600 171,887,600
C1 - VACANT LOTS 73,358,163 N/A 73,358,163 73,358,163
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,802,055 3.4357 1,397,680 4,802,055
D2 - FARM & RANCH IMP 3,859,929 N/A 3,859,929 3,859,929
E - NON-AG LAND AND IMPROVEMENTS 196,179,980 N/A 196,179,980 196,179,980
F1 - COMMERCIAL REAL 698,278,434 1.0354 674,404,514 698,278,434
F2 - INDUSTRIAL REAL 871,424,104 N/A 871,424,104 871,424,104
G - ALL MINERALS 4,329,404 N/A 4,329,404 4,329,404
J - ALL UTILITIES 131,697,644 N/A 131,697,644 131,697,644
L1 - COMMERCIAL PERSONAL 252,936,348 N/A 252,936,348 252,936,348
L2 - INDUSTRIAL PERSONAL 313,468,466 N/A 313,468,466 313,468,466
M1 - MOBILE HOMES 9,378,889 N/A 9,378,889 9,378,889
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 104,127,654 N/A 104,127,654 104,127,654
S - SPECIAL INVENTORY 1,337,970 N/A 1,337,970 1,337,970
Subtotal 7,025,789,545 7,047,241,967 7,025,789,545
Less Total Deductions 1,779,906,297 1,789,308,854 1,779,906,297
Total Taxable Value 5,245,883,248 5,257,933,113 5,245,883,248

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
5,360,207,190 5,245,883,248 5,185,792,934 5,071,468,992


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
114,323,942 174,414,256


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
5,360,207,190 5,245,883,248 5,185,792,934 5,071,468,992

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