taxes Property Tax Assistance

2018 ISD Summary Worksheet

039-Clay

039-905/Midway ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 9,991,250 0.9539 10,474,106 9,991,250
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 138,990 N/A 138,990 138,990
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 11,347,420 1.0152 11,177,433 11,347,420
D2. REAL PROP:FARM & RANCH 3,024,400 N/A 3,024,400 3,024,400
E. REAL PROP NONQUAL ACREAGE 29,494,160 0.9247 31,895,923 29,494,160
F1. COMMERCIAL REAL 163,890 N/A 163,890 163,890
F2. INDUSTRIAL REAL 216,563,350 N/A 216,563,350 216,563,350
G. OIL,GAS,MINERALS 14,336,830 1.0052 14,262,664 14,336,830
J. UTILITIES 10,757,020 0.8763 12,275,499 10,757,020
L1. COMMERCIAL PERSONAL 568,460 N/A 568,460 568,460
L2. INDUSTRIAL PERSONAL 933,800 N/A 933,800 933,800
M. MOBILE HOMES 277,290 N/A 277,290 277,290
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 297,596,860 0 301,755,805 297,596,860
Less Total Deductions 224,241,460 0 224,791,977 224,241,460
Total Taxable Value 73,355,400 0 76,963,828 73,355,400

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
75,420,320 73,355,400 75,420,320 73,355,400


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,064,920 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

Value Taxable For I & S Purposes

T7 T8 T9 T10
287,573,130 285,508,210 287,573,130 285,508,210

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

119-Jack

039-905/Midway ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 40,640 N/A 40,640 40,640
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 4,810 N/A 4,810 4,810
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 933,370 N/A 933,370 933,370
D2. REAL PROP:FARM & RANCH 274,980 N/A 274,980 274,980
E. REAL PROP NONQUAL ACREAGE 2,058,820 N/A 2,058,820 2,058,820
F1. COMMERCIAL REAL 0 N/A 0 0
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 1,276,490 N/A 1,276,490 1,276,490
J. UTILITIES 913,120 N/A 913,120 913,120
L1. COMMERCIAL PERSONAL 0 N/A 0 0
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 172,340 N/A 172,340 172,340
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 5,674,570 0 5,674,570 5,674,570
Less Total Deductions 638,412 0 638,400 638,412
Total Taxable Value 5,036,158 0 5,036,170 5,036,158

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
5,189,308 5,036,158 5,189,308 5,036,158


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
153,150 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

Value Taxable For I & S Purposes

T7 T8 T9 T10
5,189,308 5,036,158 5,189,308 5,036,158

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

039-905-02/Midway ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 10,031,890 0.9541 10,514,746 10,031,890
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 143,800 N/A 143,800 143,800
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 12,280,790 1.0140 12,110,803 12,280,790
D2. REAL PROP:FARM & RANCH 3,299,380 N/A 3,299,380 3,299,380
E. REAL PROP NONQUAL ACREAGE 31,552,980 0.9293 33,954,743 31,552,980
F1. COMMERCIAL REAL 163,890 N/A 163,890 163,890
F2. INDUSTRIAL REAL 216,563,350 N/A 216,563,350 216,563,350
G. OIL,GAS,MINERALS 15,613,320 1.0048 15,539,154 15,613,320
J. UTILITIES 11,670,140 0.8849 13,188,619 11,670,140
L1. COMMERCIAL PERSONAL 568,460 N/A 568,460 568,460
L2. INDUSTRIAL PERSONAL 933,800 N/A 933,800 933,800
M. MOBILE HOMES 449,630 N/A 449,630 449,630
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 303,271,430 307,430,375 303,271,430
Less Total Deductions 224,879,872 225,430,377 224,879,872
Total Taxable Value 78,391,558 81,999,998 78,391,558

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
80,609,628 78,391,558 80,609,628 78,391,558


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,218,070 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

Value Taxable For I & S Purposes

T7 T8 T9 T10
292,762,438 290,544,368 292,762,438 290,544,368

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