taxes Property Tax Assistance

2019 ISD Summary Worksheet

165-Midland

165-902/Greenwood ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 704,379,276 N/A 704,379,276 704,379,276
B. MULTIFAMILY RESIDENCES 471,580 N/A 471,580 471,580
C1. VACANT LOTS 35,603,141 N/A 35,603,141 35,603,141
D1. QUALIFIED AG LAND 4,698,940 N/A 4,698,940 4,698,940
E. REAL PROP NONQUAL ACREAGE 98,141,965 N/A 98,141,965 98,141,965
F1. COMMERCIAL REAL 67,803,609 N/A 67,803,609 67,803,609
F2. INDUSTRIAL REAL 180,267,570 N/A 180,267,570 180,267,570
G. OIL,GAS,MINERALS 1,101,680,249 N/A 1,101,680,249 1,101,680,249
J. UTILITIES 174,905,170 N/A 174,905,170 174,905,170
L1. COMMERCIAL PERSONAL 42,744,490 N/A 42,744,490 42,744,490
L2. INDUSTRIAL PERSONAL 304,526,720 N/A 304,526,720 304,526,720
M. MOBILE HOMES 34,358,210 N/A 34,358,210 34,358,210
S. SPECIAL INVENTORY 762,900 N/A 762,900 762,900
Subtotal 2,750,343,820 0 2,750,343,820 2,750,343,820
Less Total Deductions 104,277,954 0 104,277,954 104,277,954
Total Taxable Value 2,646,065,866 0 2,646,065,866 2,646,065,866

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
2,658,555,201 2,646,065,866 2,606,659,743 2,594,170,408


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,489,335 51,895,458


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
2,658,555,201 2,646,065,866 2,606,659,743 2,594,170,408

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

165-902-02/Greenwood ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 704,379,276 N/A 704,379,276 704,379,276
B. MULTIFAMILY RESIDENCES 471,580 N/A 471,580 471,580
C1. VACANT LOTS 35,603,141 N/A 35,603,141 35,603,141
D1. QUALIFIED AG LAND 4,698,940 N/A 4,698,940 4,698,940
E. REAL PROP NONQUAL ACREAGE 98,141,965 N/A 98,141,965 98,141,965
F1. COMMERCIAL REAL 67,803,609 N/A 67,803,609 67,803,609
F2. INDUSTRIAL REAL 180,267,570 N/A 180,267,570 180,267,570
G. OIL,GAS,MINERALS 1,101,680,249 N/A 1,101,680,249 1,101,680,249
J. UTILITIES 174,905,170 N/A 174,905,170 174,905,170
L1. COMMERCIAL PERSONAL 42,744,490 N/A 42,744,490 42,744,490
L2. INDUSTRIAL PERSONAL 304,526,720 N/A 304,526,720 304,526,720
M. MOBILE HOMES 34,358,210 N/A 34,358,210 34,358,210
S. SPECIAL INVENTORY 762,900 N/A 762,900 762,900
Subtotal 2,750,343,820 2,750,343,820 2,750,343,820
Less Total Deductions 104,277,954 104,277,954 104,277,954
Total Taxable Value 2,646,065,866 2,646,065,866 2,646,065,866

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
2,658,555,201 2,646,065,866 2,606,659,743 2,594,170,408


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,489,335 51,895,458


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
2,658,555,201 2,646,065,866 2,606,659,743 2,594,170,408

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