taxes Property Tax Assistance

2021 ISD Summary Worksheet

165-Midland /Midland County

165-901/Midland ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	12,577,018,432	N/A	12,577,018,432	12,577,018,432
B - MULTIFAMILY	1,517,413,543	N/A	1,517,413,543	1,517,413,543
C1 - VACANT LOTS	280,367,494	N/A	280,367,494	280,367,494
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,726,120	N/A	10,726,120	10,726,120
D2 - FARM & RANCH IMP	0	N/A	0	0
E - NON-AG LAND AND IMPROVEMENTS	361,260,130	N/A	361,260,130	361,260,130
F1 - COMMERCIAL REAL	3,222,943,114	N/A	3,222,943,114	3,222,943,114
F2 - INDUSTRIAL REAL	535,676,349	N/A	535,676,349	535,676,349
G - ALL MINERALS	10,255,759,478	N/A	10,255,759,478	10,255,759,478
J - ALL UTILITIES	1,565,068,917	N/A	1,565,068,917	1,565,068,917
L1 - COMMERCIAL PERSONAL	1,786,833,360	N/A	1,786,833,360	1,786,833,360
L2 - INDUSTRIAL PERSONAL	4,839,671,310	N/A	4,839,671,310	4,839,671,310
M1 - MOBILE HOMES	142,848,150	N/A	142,848,150	142,848,150
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	45,910	N/A	45,910	45,910
S - SPECIAL INVENTORY	70,979,040	N/A	70,979,040	70,979,040
Subtotal	37,166,611,347	0	37,166,611,347	37,166,611,347
Less Total Deductions	2,090,811,195	0	2,090,811,195	2,090,811,195
Total Taxable Value	35,075,800,152	0	35,075,800,152	35,075,800,152

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
35,370,523,767	35,075,800,152	34,924,763,593	34,630,039,978

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
294,723,615	445,760,174

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
35,370,523,767	35,075,800,152	34,924,763,593	34,630,039,978

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

165-901-02/Midland ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	12,577,018,432	N/A	12,577,018,432	12,577,018,432
B - MULTIFAMILY	1,517,413,543	N/A	1,517,413,543	1,517,413,543
C1 - VACANT LOTS	280,367,494	N/A	280,367,494	280,367,494
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,726,120	N/A	10,726,120	10,726,120
D2 - FARM & RANCH IMP	0	N/A	0	0
E - NON-AG LAND AND IMPROVEMENTS	361,260,130	N/A	361,260,130	361,260,130
F1 - COMMERCIAL REAL	3,222,943,114	N/A	3,222,943,114	3,222,943,114
F2 - INDUSTRIAL REAL	535,676,349	N/A	535,676,349	535,676,349
G - ALL MINERALS	10,255,759,478	N/A	10,255,759,478	10,255,759,478
J - ALL UTILITIES	1,565,068,917	N/A	1,565,068,917	1,565,068,917
L1 - COMMERCIAL PERSONAL	1,786,833,360	N/A	1,786,833,360	1,786,833,360
L2 - INDUSTRIAL PERSONAL	4,839,671,310	N/A	4,839,671,310	4,839,671,310
M1 - MOBILE HOMES	142,848,150	N/A	142,848,150	142,848,150
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	45,910	N/A	45,910	45,910
S - SPECIAL INVENTORY	70,979,040	N/A	70,979,040	70,979,040
Subtotal	37,166,611,347		37,166,611,347	37,166,611,347
Less Total Deductions	2,090,811,195		2,090,811,195	2,090,811,195
Total Taxable Value	35,075,800,152		35,075,800,152	35,075,800,152

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
35,370,523,767	35,075,800,152	34,924,763,593	34,630,039,978

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
294,723,615	445,760,174

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
35,370,523,767	35,075,800,152	34,924,763,593	34,630,039,978

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