taxes Property Tax Assistance

2019 ISD Summary Worksheet

161-McLennan

161-903/Midway ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	3,405,225,296	N/A	3,405,225,296	3,405,225,296
B. MULTIFAMILY RESIDENCES	302,934,049	N/A	302,934,049	302,934,049
C1. VACANT LOTS	87,679,562	N/A	87,679,562	87,679,562
D1. QUALIFIED AG LAND	5,595,036	N/A	5,595,036	5,595,036
D2. REAL PROP:FARM & RANCH	3,092,066	N/A	3,092,066	3,092,066
E. REAL PROP NONQUAL ACREAGE	90,996,857	N/A	90,996,857	90,996,857
F1. COMMERCIAL REAL	745,585,075	N/A	745,585,075	745,585,075
F2. INDUSTRIAL REAL	324,835,138	N/A	324,835,138	324,835,138
G. OIL,GAS,MINERALS	24,380	N/A	24,380	24,380
J. UTILITIES	94,449,608	N/A	94,449,608	94,449,608
L1. COMMERCIAL PERSONAL	755,101,080	N/A	755,101,080	755,101,080
L2. INDUSTRIAL PERSONAL	495,572,840	N/A	495,572,840	495,572,840
M. MOBILE HOMES	1,803,640	N/A	1,803,640	1,803,640
O. RESIDENTIAL INVENTORY	37,137,320	N/A	37,137,320	37,137,320
S. SPECIAL INVENTORY	17,658,540	N/A	17,658,540	17,658,540
Subtotal	6,367,690,487	0	6,367,690,487	6,367,690,487
Less Total Deductions	747,420,201	0	747,420,201	747,420,201
Total Taxable Value	5,620,270,286	0	5,620,270,286	5,620,270,286

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
5,732,369,649	5,620,270,286	5,732,369,649	5,620,270,286

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
112,099,363	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
5,732,369,649	5,620,270,286	5,732,369,649	5,620,270,286

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

161-903-02/Midway ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	3,405,225,296	N/A	3,405,225,296	3,405,225,296
B. MULTIFAMILY RESIDENCES	302,934,049	N/A	302,934,049	302,934,049
C1. VACANT LOTS	87,679,562	N/A	87,679,562	87,679,562
D1. QUALIFIED AG LAND	5,595,036	N/A	5,595,036	5,595,036
D2. REAL PROP:FARM & RANCH	3,092,066	N/A	3,092,066	3,092,066
E. REAL PROP NONQUAL ACREAGE	90,996,857	N/A	90,996,857	90,996,857
F1. COMMERCIAL REAL	745,585,075	N/A	745,585,075	745,585,075
F2. INDUSTRIAL REAL	324,835,138	N/A	324,835,138	324,835,138
G. OIL,GAS,MINERALS	24,380	N/A	24,380	24,380
J. UTILITIES	94,449,608	N/A	94,449,608	94,449,608
L1. COMMERCIAL PERSONAL	755,101,080	N/A	755,101,080	755,101,080
L2. INDUSTRIAL PERSONAL	495,572,840	N/A	495,572,840	495,572,840
M. MOBILE HOMES	1,803,640	N/A	1,803,640	1,803,640
O. RESIDENTIAL INVENTORY	37,137,320	N/A	37,137,320	37,137,320
S. SPECIAL INVENTORY	17,658,540	N/A	17,658,540	17,658,540
Subtotal	6,367,690,487		6,367,690,487	6,367,690,487
Less Total Deductions	747,420,201		747,420,201	747,420,201
Total Taxable Value	5,620,270,286		5,620,270,286	5,620,270,286

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
5,732,369,649	5,620,270,286	5,732,369,649	5,620,270,286

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
112,099,363	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
5,732,369,649	5,620,270,286	5,732,369,649	5,620,270,286

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