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