taxes Property Tax Assistance

2019 ISD Summary Worksheet

039-Clay

039-905/Midway ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	9,979,710	N/A	9,979,710	9,979,710
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	138,960	N/A	138,960	138,960
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	11,106,460	N/A	11,106,460	11,106,460
D2. REAL PROP:FARM & RANCH	2,804,550	N/A	2,804,550	2,804,550
E. REAL PROP NONQUAL ACREAGE	29,081,060	N/A	29,081,060	29,081,060
F1. COMMERCIAL REAL	165,150	N/A	165,150	165,150
F2. INDUSTRIAL REAL	187,122,160	N/A	187,122,160	187,122,160
G. OIL,GAS,MINERALS	19,196,790	N/A	19,196,790	19,196,790
J. UTILITIES	13,446,280	N/A	13,446,280	13,446,280
L1. COMMERCIAL PERSONAL	237,570	N/A	237,570	237,570
L2. INDUSTRIAL PERSONAL	958,800	N/A	958,800	958,800
M. MOBILE HOMES	276,840	N/A	276,840	276,840
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	274,514,330	0	274,514,330	274,514,330
Less Total Deductions	194,488,625	0	194,488,625	194,488,625
Total Taxable Value	80,025,705	0	80,025,705	80,025,705

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
82,180,185	80,025,705	82,180,185	80,025,705

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,154,480	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
264,886,815	262,732,335	264,886,815	262,732,335

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	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	9,979,710	N/A	9,979,710	9,979,710
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	138,960	N/A	138,960	138,960
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	11,106,460	N/A	11,106,460	11,106,460
D2. REAL PROP:FARM & RANCH	2,804,550	N/A	2,804,550	2,804,550
E. REAL PROP NONQUAL ACREAGE	29,081,060	N/A	29,081,060	29,081,060
F1. COMMERCIAL REAL	165,150	N/A	165,150	165,150
F2. INDUSTRIAL REAL	187,122,160	N/A	187,122,160	187,122,160
G. OIL,GAS,MINERALS	19,196,790	N/A	19,196,790	19,196,790
J. UTILITIES	13,446,280	N/A	13,446,280	13,446,280
L1. COMMERCIAL PERSONAL	237,570	N/A	237,570	237,570
L2. INDUSTRIAL PERSONAL	958,800	N/A	958,800	958,800
M. MOBILE HOMES	276,840	N/A	276,840	276,840
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	274,514,330		274,514,330	274,514,330
Less Total Deductions	194,488,625		194,488,625	194,488,625
Total Taxable Value	80,025,705		80,025,705	80,025,705

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
82,180,185	80,025,705	82,180,185	80,025,705

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,154,480	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
264,886,815	262,732,335	264,886,815	262,732,335

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