taxes Property Tax Assistance

2021 ISD Summary Worksheet

Midway ISD (all splits)   McLennan County  

161-McLennan/McLennan County

161-903/Midway ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 4,098,312,917 N/A 4,098,312,917 4,098,312,917
B - MULTIFAMILY 342,158,619 N/A 342,158,619 342,158,619
C1 - VACANT LOTS 86,291,137 N/A 86,291,137 86,291,137
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,459,354 N/A 5,459,354 5,459,354
D2 - FARM & RANCH IMP 3,689,770 N/A 3,689,770 3,689,770
E - NON-AG LAND AND IMPROVEMENTS 106,785,584 N/A 106,785,584 106,785,584
F1 - COMMERCIAL REAL 805,130,060 N/A 805,130,060 805,130,060
F2 - INDUSTRIAL REAL 350,164,993 N/A 350,164,993 350,164,993
G - ALL MINERALS 7,057 N/A 7,057 7,057
J - ALL UTILITIES 108,623,238 N/A 108,623,238 108,623,238
L1 - COMMERCIAL PERSONAL 446,765,177 N/A 446,765,177 446,765,177
L2 - INDUSTRIAL PERSONAL 812,136,780 N/A 812,136,780 812,136,780
M1 - MOBILE HOMES 1,890,393 N/A 1,890,393 1,890,393
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 23,423,550 N/A 23,423,550 23,423,550
S - SPECIAL INVENTORY 19,378,340 N/A 19,378,340 19,378,340
Subtotal 7,210,216,969 0 7,210,216,969 7,210,216,969
Less Total Deductions 898,435,218 0 898,435,218 898,435,218
Total Taxable Value 6,311,781,751 0 6,311,781,751 6,311,781,751

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's office 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 school 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

Measure Value Description
T1 6,426,946,378 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 6,311,781,751 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 6,426,946,378 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,311,781,751 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 6,426,946,378 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 6,311,781,751 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 6,426,946,378 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 6,311,781,751 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 115,164,627 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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161-903-02/Midway ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 4,098,312,917 N/A 4,098,312,917 4,098,312,917
B - MULTIFAMILY 342,158,619 N/A 342,158,619 342,158,619
C1 - VACANT LOTS 86,291,137 N/A 86,291,137 86,291,137
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,459,354 N/A 5,459,354 5,459,354
D2 - FARM & RANCH IMP 3,689,770 N/A 3,689,770 3,689,770
E - NON-AG LAND AND IMPROVEMENTS 106,785,584 N/A 106,785,584 106,785,584
F1 - COMMERCIAL REAL 805,130,060 N/A 805,130,060 805,130,060
F2 - INDUSTRIAL REAL 350,164,993 N/A 350,164,993 350,164,993
G - ALL MINERALS 7,057 N/A 7,057 7,057
J - ALL UTILITIES 108,623,238 N/A 108,623,238 108,623,238
L1 - COMMERCIAL PERSONAL 446,765,177 N/A 446,765,177 446,765,177
L2 - INDUSTRIAL PERSONAL 812,136,780 N/A 812,136,780 812,136,780
M1 - MOBILE HOMES 1,890,393 N/A 1,890,393 1,890,393
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 23,423,550 N/A 23,423,550 23,423,550
S - SPECIAL INVENTORY 19,378,340 N/A 19,378,340 19,378,340
Subtotal 7,210,216,969 7,210,216,969 7,210,216,969
Less Total Deductions 898,435,218 898,435,218 898,435,218
Total Taxable Value 6,311,781,751 6,311,781,751 6,311,781,751

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's office 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 school 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

Measure Value Description
T1 6,426,946,378 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 6,311,781,751 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 6,426,946,378 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,311,781,751 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 6,426,946,378 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 6,311,781,751 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 6,426,946,378 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 6,311,781,751 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 115,164,627 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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