taxes Property Tax Assistance

2019 ISD Summary Worksheet

165-Midland

165-901/Midland ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	11,234,694,219	N/A	11,234,694,219	11,234,694,219
B. MULTIFAMILY RESIDENCES	1,297,610,810	N/A	1,297,610,810	1,297,610,810
C1. VACANT LOTS	293,184,487	N/A	293,184,487	293,184,487
D1. QUALIFIED AG LAND	10,110,290	N/A	10,110,290	10,110,290
E. REAL PROP NONQUAL ACREAGE	355,412,667	N/A	355,412,667	355,412,667
F1. COMMERCIAL REAL	3,216,198,957	N/A	3,216,198,957	3,216,198,957
F2. INDUSTRIAL REAL	509,576,955	N/A	509,576,955	509,576,955
G. OIL,GAS,MINERALS	12,152,182,589	N/A	12,152,182,589	12,152,182,589
J. UTILITIES	1,276,166,227	N/A	1,276,166,227	1,276,166,227
L1. COMMERCIAL PERSONAL	1,706,656,175	N/A	1,706,656,175	1,706,656,175
L2. INDUSTRIAL PERSONAL	4,994,322,400	N/A	4,994,322,400	4,994,322,400
M. MOBILE HOMES	116,481,620	N/A	116,481,620	116,481,620
S. SPECIAL INVENTORY	84,780,540	N/A	84,780,540	84,780,540
Subtotal	37,247,377,936	0	37,247,377,936	37,247,377,936
Less Total Deductions	2,174,735,183	0	2,174,735,183	2,174,735,183
Total Taxable Value	35,072,642,753	0	35,072,642,753	35,072,642,753

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
35,350,152,405	35,072,642,753	34,952,137,520	34,674,627,868

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
277,509,652	398,014,885

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
35,350,152,405	35,072,642,753	34,952,137,520	34,674,627,868

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	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	11,234,694,219	N/A	11,234,694,219	11,234,694,219
B. MULTIFAMILY RESIDENCES	1,297,610,810	N/A	1,297,610,810	1,297,610,810
C1. VACANT LOTS	293,184,487	N/A	293,184,487	293,184,487
D1. QUALIFIED AG LAND	10,110,290	N/A	10,110,290	10,110,290
E. REAL PROP NONQUAL ACREAGE	355,412,667	N/A	355,412,667	355,412,667
F1. COMMERCIAL REAL	3,216,198,957	N/A	3,216,198,957	3,216,198,957
F2. INDUSTRIAL REAL	509,576,955	N/A	509,576,955	509,576,955
G. OIL,GAS,MINERALS	12,152,182,589	N/A	12,152,182,589	12,152,182,589
J. UTILITIES	1,276,166,227	N/A	1,276,166,227	1,276,166,227
L1. COMMERCIAL PERSONAL	1,706,656,175	N/A	1,706,656,175	1,706,656,175
L2. INDUSTRIAL PERSONAL	4,994,322,400	N/A	4,994,322,400	4,994,322,400
M. MOBILE HOMES	116,481,620	N/A	116,481,620	116,481,620
S. SPECIAL INVENTORY	84,780,540	N/A	84,780,540	84,780,540
Subtotal	37,247,377,936		37,247,377,936	37,247,377,936
Less Total Deductions	2,174,735,183		2,174,735,183	2,174,735,183
Total Taxable Value	35,072,642,753		35,072,642,753	35,072,642,753

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
35,350,152,405	35,072,642,753	34,952,137,520	34,674,627,868

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
277,509,652	398,014,885

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
35,350,152,405	35,072,642,753	34,952,137,520	34,674,627,868

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