taxes Property Tax Assistance

2021 ISD Summary Worksheet

Midland ISD (all splits)   Midland County  

165-Midland/Midland County

165-901/Midland ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 12,577,018,432 N/A 12,577,018,432 12,577,018,432
B - MULTIFAMILY 1,517,413,543 N/A 1,517,413,543 1,517,413,543
C1 - VACANT LOTS 280,367,494 N/A 280,367,494 280,367,494
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,726,120 N/A 10,726,120 10,726,120
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 361,260,130 N/A 361,260,130 361,260,130
F1 - COMMERCIAL REAL 3,222,943,114 N/A 3,222,943,114 3,222,943,114
F2 - INDUSTRIAL REAL 535,676,349 N/A 535,676,349 535,676,349
G - ALL MINERALS 10,255,759,478 N/A 10,255,759,478 10,255,759,478
J - ALL UTILITIES 1,565,068,917 N/A 1,565,068,917 1,565,068,917
L1 - COMMERCIAL PERSONAL 1,786,833,360 N/A 1,786,833,360 1,786,833,360
L2 - INDUSTRIAL PERSONAL 4,839,671,310 N/A 4,839,671,310 4,839,671,310
M1 - MOBILE HOMES 142,848,150 N/A 142,848,150 142,848,150
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 45,910 N/A 45,910 45,910
S - SPECIAL INVENTORY 70,979,040 N/A 70,979,040 70,979,040
Subtotal 37,166,611,347 0 37,166,611,347 37,166,611,347
Less Total Deductions 2,090,811,195 0 2,090,811,195 2,090,811,195
Total Taxable Value 35,075,800,152 0 35,075,800,152 35,075,800,152

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 35,370,523,767 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 35,075,800,152 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 34,924,763,593 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 34,630,039,978 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 35,370,523,767 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 35,075,800,152 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 34,924,763,593 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 34,630,039,978 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 294,723,615 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 445,760,174 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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165-901-02/Midland ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 12,577,018,432 N/A 12,577,018,432 12,577,018,432
B - MULTIFAMILY 1,517,413,543 N/A 1,517,413,543 1,517,413,543
C1 - VACANT LOTS 280,367,494 N/A 280,367,494 280,367,494
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,726,120 N/A 10,726,120 10,726,120
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 361,260,130 N/A 361,260,130 361,260,130
F1 - COMMERCIAL REAL 3,222,943,114 N/A 3,222,943,114 3,222,943,114
F2 - INDUSTRIAL REAL 535,676,349 N/A 535,676,349 535,676,349
G - ALL MINERALS 10,255,759,478 N/A 10,255,759,478 10,255,759,478
J - ALL UTILITIES 1,565,068,917 N/A 1,565,068,917 1,565,068,917
L1 - COMMERCIAL PERSONAL 1,786,833,360 N/A 1,786,833,360 1,786,833,360
L2 - INDUSTRIAL PERSONAL 4,839,671,310 N/A 4,839,671,310 4,839,671,310
M1 - MOBILE HOMES 142,848,150 N/A 142,848,150 142,848,150
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 45,910 N/A 45,910 45,910
S - SPECIAL INVENTORY 70,979,040 N/A 70,979,040 70,979,040
Subtotal 37,166,611,347 37,166,611,347 37,166,611,347
Less Total Deductions 2,090,811,195 2,090,811,195 2,090,811,195
Total Taxable Value 35,075,800,152 35,075,800,152 35,075,800,152

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 35,370,523,767 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 35,075,800,152 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 34,924,763,593 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 34,630,039,978 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 35,370,523,767 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 35,075,800,152 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 34,924,763,593 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 34,630,039,978 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 294,723,615 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 445,760,174 50% of the loss to the local optional percentage homestead exemption

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