taxes Property Tax Assistance

2021 ISD Summary Worksheet

070-Ellis /Ellis County

070-908/Midlothian ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 4,693,104,588 N/A 4,693,104,588 4,693,104,588
B - MULTIFAMILY 224,231,717 N/A 224,231,717 224,231,717
C1 - VACANT LOTS 88,808,613 N/A 88,808,613 88,808,613
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,449,029 N/A 4,449,029 4,449,029
D2 - FARM & RANCH IMP 3,797,401 N/A 3,797,401 3,797,401
E - NON-AG LAND AND IMPROVEMENTS 205,948,468 N/A 205,948,468 205,948,468
F1 - COMMERCIAL REAL 1,140,978,182 N/A 1,140,978,182 1,140,978,182
F2 - INDUSTRIAL REAL 846,517,337 N/A 846,517,337 846,517,337
G - ALL MINERALS 4,062,724 N/A 4,062,724 4,062,724
J - ALL UTILITIES 141,593,456 N/A 141,593,456 141,593,456
L1 - COMMERCIAL PERSONAL 431,808,949 N/A 431,808,949 431,808,949
L2 - INDUSTRIAL PERSONAL 302,562,383 N/A 302,562,383 302,562,383
M1 - MOBILE HOMES 12,959,402 N/A 12,959,402 12,959,402
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 126,131,145 N/A 126,131,145 126,131,145
S - SPECIAL INVENTORY 1,147,150 N/A 1,147,150 1,147,150
Subtotal 8,228,100,544 0 8,228,100,544 8,228,100,544
Less Total Deductions 2,328,956,298 0 2,328,956,298 2,328,956,298
Total Taxable Value 5,899,144,246 0 5,899,144,246 5,899,144,246

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
6,018,673,352 5,899,144,246 5,826,251,590 5,706,722,484


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
119,529,106 192,421,762


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
6,018,673,352 5,899,144,246 5,826,251,590 5,706,722,484

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

070-908-02/Midlothian ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 4,693,104,588 N/A 4,693,104,588 4,693,104,588
B - MULTIFAMILY 224,231,717 N/A 224,231,717 224,231,717
C1 - VACANT LOTS 88,808,613 N/A 88,808,613 88,808,613
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,449,029 N/A 4,449,029 4,449,029
D2 - FARM & RANCH IMP 3,797,401 N/A 3,797,401 3,797,401
E - NON-AG LAND AND IMPROVEMENTS 205,948,468 N/A 205,948,468 205,948,468
F1 - COMMERCIAL REAL 1,140,978,182 N/A 1,140,978,182 1,140,978,182
F2 - INDUSTRIAL REAL 846,517,337 N/A 846,517,337 846,517,337
G - ALL MINERALS 4,062,724 N/A 4,062,724 4,062,724
J - ALL UTILITIES 141,593,456 N/A 141,593,456 141,593,456
L1 - COMMERCIAL PERSONAL 431,808,949 N/A 431,808,949 431,808,949
L2 - INDUSTRIAL PERSONAL 302,562,383 N/A 302,562,383 302,562,383
M1 - MOBILE HOMES 12,959,402 N/A 12,959,402 12,959,402
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 126,131,145 N/A 126,131,145 126,131,145
S - SPECIAL INVENTORY 1,147,150 N/A 1,147,150 1,147,150
Subtotal 8,228,100,544 8,228,100,544 8,228,100,544
Less Total Deductions 2,328,956,298 2,328,956,298 2,328,956,298
Total Taxable Value 5,899,144,246 5,899,144,246 5,899,144,246

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
6,018,673,352 5,899,144,246 5,826,251,590 5,706,722,484


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
119,529,106 192,421,762


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
6,018,673,352 5,899,144,246 5,826,251,590 5,706,722,484

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