taxes Property Tax Assistance

2020 ISD Summary Worksheet

165-Midland /Midland County

165-901/Midland ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 11,652,024,564 0.9684 12,032,243,457 11,652,024,564
B - MULTIFAMILY 1,517,858,886 0.8496 1,786,557,069 1,517,858,886
C1 - VACANT LOTS 291,218,873 0.7831 371,879,547 291,218,873
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,640,020 0.7039 13,694,868 9,640,020
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 378,058,433 0.8546 442,380,568 378,058,433
F1 - COMMERCIAL REAL 3,396,778,616 0.9567 3,550,515,957 3,396,778,616
F2 - INDUSTRIAL REAL 536,473,915 N/A 536,473,915 536,473,915
G - ALL MINERALS 12,416,780,426 1.0049 12,356,234,875 12,416,780,426
J - ALL UTILITIES 1,416,179,137 0.9334 1,517,226,416 1,416,179,137
L1 - COMMERCIAL PERSONAL 1,934,683,665 0.9970 1,940,505,181 1,934,683,665
L2 - INDUSTRIAL PERSONAL 4,498,361,130 N/A 4,498,361,130 4,498,361,130
M1 - MOBILE HOMES 138,491,860 N/A 138,491,860 138,491,860
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 45,910 N/A 45,910 45,910
S - SPECIAL INVENTORY 84,090,830 N/A 84,090,830 84,090,830
Subtotal 38,270,686,265 0 39,268,701,583 38,270,686,265
Less Total Deductions 1,952,388,880 0 2,027,830,771 1,952,388,880
Total Taxable Value 36,318,297,385 0 37,240,870,812 36,318,297,385

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
36,606,420,996 36,318,297,385 36,193,608,914 35,905,485,303


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
288,123,611 412,812,082


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
36,606,420,996 36,318,297,385 36,193,608,914 35,905,485,303

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

165-901-02/Midland ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 11,652,024,564 0.9684 12,032,243,457 11,652,024,564
B - MULTIFAMILY 1,517,858,886 0.8496 1,786,557,069 1,517,858,886
C1 - VACANT LOTS 291,218,873 0.7831 371,879,547 291,218,873
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,640,020 0.7039 13,694,868 9,640,020
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 378,058,433 0.8546 442,380,568 378,058,433
F1 - COMMERCIAL REAL 3,396,778,616 0.9567 3,550,515,957 3,396,778,616
F2 - INDUSTRIAL REAL 536,473,915 N/A 536,473,915 536,473,915
G - ALL MINERALS 12,416,780,426 1.0049 12,356,234,875 12,416,780,426
J - ALL UTILITIES 1,416,179,137 0.9334 1,517,226,416 1,416,179,137
L1 - COMMERCIAL PERSONAL 1,934,683,665 0.9970 1,940,505,181 1,934,683,665
L2 - INDUSTRIAL PERSONAL 4,498,361,130 N/A 4,498,361,130 4,498,361,130
M1 - MOBILE HOMES 138,491,860 N/A 138,491,860 138,491,860
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 45,910 N/A 45,910 45,910
S - SPECIAL INVENTORY 84,090,830 N/A 84,090,830 84,090,830
Subtotal 38,270,686,265 39,268,701,583 38,270,686,265
Less Total Deductions 1,952,388,880 2,027,830,771 1,952,388,880
Total Taxable Value 36,318,297,385 37,240,870,812 36,318,297,385

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
36,606,420,996 36,318,297,385 36,193,608,914 35,905,485,303


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
288,123,611 412,812,082


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
36,606,420,996 36,318,297,385 36,193,608,914 35,905,485,303

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