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	4,690,400,437	N/A	4,690,400,437	4,690,400,437
B - MULTIFAMILY	224,231,717	N/A	224,231,717	224,231,717
C1 - VACANT LOTS	88,911,253	N/A	88,911,253	88,911,253
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,400,127	N/A	4,400,127	4,400,127
D2 - FARM & RANCH IMP	3,787,251	N/A	3,787,251	3,787,251
E - NON-AG LAND AND IMPROVEMENTS	205,577,833	N/A	205,577,833	205,577,833
F1 - COMMERCIAL REAL	1,140,615,892	N/A	1,140,615,892	1,140,615,892
F2 - INDUSTRIAL REAL	846,517,337	N/A	846,517,337	846,517,337
G - ALL MINERALS	4,061,313	N/A	4,061,313	4,061,313
J - ALL UTILITIES	141,593,460	N/A	141,593,460	141,593,460
L1 - COMMERCIAL PERSONAL	430,161,702	N/A	430,161,702	430,161,702
L2 - INDUSTRIAL PERSONAL	301,623,133	N/A	301,623,133	301,623,133
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	126,355,890	N/A	126,355,890	126,355,890
S - SPECIAL INVENTORY	1,147,150	N/A	1,147,150	1,147,150
Subtotal	8,222,343,897	0	8,222,343,897	8,222,343,897
Less Total Deductions	2,313,790,824	0	2,313,790,824	2,313,790,824
Total Taxable Value	5,908,553,073	0	5,908,553,073	5,908,553,073

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
6,026,873,972	5,908,553,073	5,836,212,950	5,717,892,051

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
118,320,899	190,661,022

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
6,026,873,972	5,908,553,073	5,836,212,950	5,717,892,051

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	4,690,400,437	N/A	4,690,400,437	4,690,400,437
B - MULTIFAMILY	224,231,717	N/A	224,231,717	224,231,717
C1 - VACANT LOTS	88,911,253	N/A	88,911,253	88,911,253
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,400,127	N/A	4,400,127	4,400,127
D2 - FARM & RANCH IMP	3,787,251	N/A	3,787,251	3,787,251
E - NON-AG LAND AND IMPROVEMENTS	205,577,833	N/A	205,577,833	205,577,833
F1 - COMMERCIAL REAL	1,140,615,892	N/A	1,140,615,892	1,140,615,892
F2 - INDUSTRIAL REAL	846,517,337	N/A	846,517,337	846,517,337
G - ALL MINERALS	4,061,313	N/A	4,061,313	4,061,313
J - ALL UTILITIES	141,593,460	N/A	141,593,460	141,593,460
L1 - COMMERCIAL PERSONAL	430,161,702	N/A	430,161,702	430,161,702
L2 - INDUSTRIAL PERSONAL	301,623,133	N/A	301,623,133	301,623,133
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	126,355,890	N/A	126,355,890	126,355,890
S - SPECIAL INVENTORY	1,147,150	N/A	1,147,150	1,147,150
Subtotal	8,222,343,897		8,222,343,897	8,222,343,897
Less Total Deductions	2,313,790,824		2,313,790,824	2,313,790,824
Total Taxable Value	5,908,553,073		5,908,553,073	5,908,553,073

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
6,026,873,972	5,908,553,073	5,836,212,950	5,717,892,051

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
118,320,899	190,661,022

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
6,026,873,972	5,908,553,073	5,836,212,950	5,717,892,051

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