taxes Property Tax Assistance

2021 ISD Summary Worksheet

165-Midland /Midland County

165-902/Greenwood ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 833,835,730 N/A 833,835,730 833,835,730
B - MULTIFAMILY 478,130 N/A 478,130 478,130
C1 - VACANT LOTS 43,645,350 N/A 43,645,350 43,645,350
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,538,660 N/A 4,538,660 4,538,660
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 96,518,200 N/A 96,518,200 96,518,200
F1 - COMMERCIAL REAL 76,745,593 N/A 76,745,593 76,745,593
F2 - INDUSTRIAL REAL 280,280,890 N/A 280,280,890 280,280,890
G - ALL MINERALS 1,453,664,052 N/A 1,453,664,052 1,453,664,052
J - ALL UTILITIES 219,623,820 N/A 219,623,820 219,623,820
L1 - COMMERCIAL PERSONAL 51,962,240 N/A 51,962,240 51,962,240
L2 - INDUSTRIAL PERSONAL 237,004,390 N/A 237,004,390 237,004,390
M1 - MOBILE HOMES 43,062,510 N/A 43,062,510 43,062,510
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 762,900 N/A 762,900 762,900
Subtotal 3,342,122,465 0 3,342,122,465 3,342,122,465
Less Total Deductions 103,388,635 0 103,388,635 103,388,635
Total Taxable Value 3,238,733,830 0 3,238,733,830 3,238,733,830

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
3,255,430,749 3,238,733,830 3,196,303,469 3,179,606,550


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
16,696,919 59,127,280


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
3,255,430,749 3,238,733,830 3,196,303,469 3,179,606,550

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

165-902-02/Greenwood ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 833,835,730 N/A 833,835,730 833,835,730
B - MULTIFAMILY 478,130 N/A 478,130 478,130
C1 - VACANT LOTS 43,645,350 N/A 43,645,350 43,645,350
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,538,660 N/A 4,538,660 4,538,660
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 96,518,200 N/A 96,518,200 96,518,200
F1 - COMMERCIAL REAL 76,745,593 N/A 76,745,593 76,745,593
F2 - INDUSTRIAL REAL 280,280,890 N/A 280,280,890 280,280,890
G - ALL MINERALS 1,453,664,052 N/A 1,453,664,052 1,453,664,052
J - ALL UTILITIES 219,623,820 N/A 219,623,820 219,623,820
L1 - COMMERCIAL PERSONAL 51,962,240 N/A 51,962,240 51,962,240
L2 - INDUSTRIAL PERSONAL 237,004,390 N/A 237,004,390 237,004,390
M1 - MOBILE HOMES 43,062,510 N/A 43,062,510 43,062,510
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 762,900 N/A 762,900 762,900
Subtotal 3,342,122,465 3,342,122,465 3,342,122,465
Less Total Deductions 103,388,635 103,388,635 103,388,635
Total Taxable Value 3,238,733,830 3,238,733,830 3,238,733,830

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
3,255,430,749 3,238,733,830 3,196,303,469 3,179,606,550


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
16,696,919 59,127,280


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
3,255,430,749 3,238,733,830 3,196,303,469 3,179,606,550

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