taxes Property Tax Assistance

2018 ISD Summary Worksheet

165-Midland

165-901/Midland ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 9,793,071,073 0.9465 10,346,614,974 9,793,071,073
B. MULTIFAMILY RESIDENCES 980,673,947 0.6955 1,410,027,242 980,673,947
C1. VACANT LOTS 257,049,787 N/A 257,049,787 257,049,787
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 10,439,300 0.9746 10,711,134 10,439,300
D2. REAL PROP:FARM & RANCH 0 N/A 0 0
E. REAL PROP NONQUAL ACREAGE 352,601,909 0.9870 357,246,108 352,601,909
F1. COMMERCIAL REAL 2,759,133,105 0.9816 2,810,852,796 2,759,133,105
F2. INDUSTRIAL REAL 474,902,735 N/A 474,902,735 474,902,735
G. OIL,GAS,MINERALS 5,614,184,129 1.0093 5,562,453,313 5,614,184,129
J. UTILITIES 989,823,077 0.9463 1,045,992,895 989,823,077
L1. COMMERCIAL PERSONAL 1,417,967,345 1.0166 1,394,813,442 1,417,967,345
L2. INDUSTRIAL PERSONAL 3,825,818,660 N/A 3,825,818,660 3,825,818,660
M. MOBILE HOMES 106,263,510 N/A 106,263,510 106,263,510
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 62,677,026 N/A 62,677,026 62,677,026
Subtotal 26,644,605,603 0 27,665,423,622 26,644,605,603
Less Total Deductions 1,867,015,107 0 1,981,318,360 1,867,015,107
Total Taxable Value 24,777,590,496 0 25,684,105,262 24,777,590,496

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
25,063,223,856 24,777,590,496 24,703,621,098 24,417,987,738


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
285,633,360 359,602,758


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
25,063,223,856 24,777,590,496 24,703,621,098 24,417,987,738

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 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 9,793,071,073 0.9465 10,346,614,974 9,793,071,073
B. MULTIFAMILY RESIDENCES 980,673,947 0.6955 1,410,027,242 980,673,947
C1. VACANT LOTS 257,049,787 N/A 257,049,787 257,049,787
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 10,439,300 0.9746 10,711,134 10,439,300
D2. REAL PROP:FARM & RANCH 0 N/A 0 0
E. REAL PROP NONQUAL ACREAGE 352,601,909 0.9870 357,246,108 352,601,909
F1. COMMERCIAL REAL 2,759,133,105 0.9816 2,810,852,796 2,759,133,105
F2. INDUSTRIAL REAL 474,902,735 N/A 474,902,735 474,902,735
G. OIL,GAS,MINERALS 5,614,184,129 1.0093 5,562,453,313 5,614,184,129
J. UTILITIES 989,823,077 0.9463 1,045,992,895 989,823,077
L1. COMMERCIAL PERSONAL 1,417,967,345 1.0166 1,394,813,442 1,417,967,345
L2. INDUSTRIAL PERSONAL 3,825,818,660 N/A 3,825,818,660 3,825,818,660
M. MOBILE HOMES 106,263,510 N/A 106,263,510 106,263,510
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 62,677,026 N/A 62,677,026 62,677,026
Subtotal 26,644,605,603 27,665,423,622 26,644,605,603
Less Total Deductions 1,867,015,107 1,981,318,360 1,867,015,107
Total Taxable Value 24,777,590,496 25,684,105,262 24,777,590,496

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
25,063,223,856 24,777,590,496 24,703,621,098 24,417,987,738


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
285,633,360 359,602,758


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
25,063,223,856 24,777,590,496 24,703,621,098 24,417,987,738

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