taxes Property Tax Assistance

2020 ISD Summary Worksheet

039-Clay /Clay County

039-905/Midway ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	10,002,240	0.9607	10,411,408	10,002,240
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	137,040	N/A	137,040	137,040
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,589,173	1.0453	11,086,526	11,589,173
D2 - FARM & RANCH IMP	2,940,150	N/A	2,940,150	2,940,150
E - NON-AG LAND AND IMPROVEMENTS	33,146,770	0.9622	34,448,940	33,146,770
F1 - COMMERCIAL REAL	158,210	N/A	158,210	158,210
F2 - INDUSTRIAL REAL	163,680,090	N/A	163,680,090	163,680,090
G - ALL MINERALS	14,690,730	0.9897	14,843,619	14,690,730
J - ALL UTILITIES	14,542,310	0.9454	15,382,177	14,542,310
L1 - COMMERCIAL PERSONAL	200,780	N/A	200,780	200,780
L2 - INDUSTRIAL PERSONAL	945,510	N/A	945,510	945,510
M1 - MOBILE HOMES	976,170	N/A	976,170	976,170
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	253,009,173	0	255,210,620	253,009,173
Less Total Deductions	172,499,616	0	173,065,398	172,499,616
Total Taxable Value	80,509,557	0	82,145,222	80,509,557

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
82,703,517	80,509,557	82,703,517	80,509,557

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,193,960	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
241,962,697	239,768,737	241,962,697	239,768,737

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

119-Jack /Jack County

039-905/Midway ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	40,620	N/A	40,620	40,620
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	4,810	N/A	4,810	4,810
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	964,950	N/A	964,950	964,950
D2 - FARM & RANCH IMP	310,420	N/A	310,420	310,420
E - NON-AG LAND AND IMPROVEMENTS	2,170,140	N/A	2,170,140	2,170,140
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	1,253,950	N/A	1,253,950	1,253,950
J - ALL UTILITIES	1,056,480	N/A	1,056,480	1,056,480
L1 - COMMERCIAL PERSONAL	0	N/A	0	0
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	168,590	N/A	168,590	168,590
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	5,969,960	0	5,969,960	5,969,960
Less Total Deductions	725,460	0	725,460	725,460
Total Taxable Value	5,244,500	0	5,244,500	5,244,500

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
5,424,290	5,244,500	5,424,290	5,244,500

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
179,790	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
5,424,290	5,244,500	5,424,290	5,244,500

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	10,042,860	0.9609	10,452,028	10,042,860
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	141,850	N/A	141,850	141,850
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	12,554,123	1.0417	12,051,476	12,554,123
D2 - FARM & RANCH IMP	3,250,570	N/A	3,250,570	3,250,570
E - NON-AG LAND AND IMPROVEMENTS	35,316,910	0.9644	36,619,080	35,316,910
F1 - COMMERCIAL REAL	158,210	N/A	158,210	158,210
F2 - INDUSTRIAL REAL	163,680,090	N/A	163,680,090	163,680,090
G - ALL MINERALS	15,944,680	0.9905	16,097,569	15,944,680
J - ALL UTILITIES	15,598,790	0.9489	16,438,657	15,598,790
L1 - COMMERCIAL PERSONAL	200,780	N/A	200,780	200,780
L2 - INDUSTRIAL PERSONAL	945,510	N/A	945,510	945,510
M1 - MOBILE HOMES	1,144,760	N/A	1,144,760	1,144,760
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	258,979,133		261,180,580	258,979,133
Less Total Deductions	173,225,076		173,790,858	173,225,076
Total Taxable Value	85,754,057		87,389,722	85,754,057

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
88,127,807	85,754,057	88,127,807	85,754,057

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,373,750	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
247,386,987	245,013,237	247,386,987	245,013,237

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