taxes Property Tax Assistance

2022 ISD Summary Worksheet

070-Ellis/Ellis County

070-908/Midlothian ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 6,305,025,738 0.9097 6,930,884,619 6,305,025,738
B - MULTIFAMILY 318,256,977 N/A 318,256,977 318,256,977
C1 - VACANT LOTS 186,747,565 N/A 186,747,565 186,747,565
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,059,177 3.7816 1,073,393 4,059,177
D2 - FARM & RANCH IMP 4,330,883 N/A 4,330,883 4,330,883
E - NON-AG LAND AND IMPROVEMENTS 290,445,583 N/A 290,445,583 290,445,583
F1 - COMMERCIAL REAL 1,314,102,564 1.2622 1,041,120,713 1,314,102,564
F2 - INDUSTRIAL REAL 871,416,828 N/A 871,416,828 871,416,828
G - ALL MINERALS 5,579,115 N/A 5,579,115 5,579,115
J - ALL UTILITIES 151,593,667 N/A 151,593,667 151,593,667
L1 - COMMERCIAL PERSONAL 579,164,101 0.9862 587,268,405 579,164,101
L2 - INDUSTRIAL PERSONAL 371,302,793 N/A 371,302,793 371,302,793
M1 - MOBILE HOMES 23,023,032 N/A 23,023,032 23,023,032
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 151,595,998 N/A 151,595,998 151,595,998
S - SPECIAL INVENTORY 3,085,499 N/A 3,085,499 3,085,499
Subtotal 10,579,729,520 0 10,937,725,070 10,579,729,520
Less Total Deductions 3,154,635,618 0 3,307,140,420 3,154,635,618
Total Taxable Value 7,425,093,902 0 7,630,584,650 7,425,093,902

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 T13
7,425,093,902 7,425,093,902 7,173,330,757 7,173,330,757 7,545,559,285


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
0 251,763,145 120,465,383


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
7,425,093,902 7,425,093,902 7,173,330,757 7,173,330,757 7,545,559,285

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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

070-908-02/Midlothian ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 6,305,025,738 0.9097 6,930,884,619 6,305,025,738
B - MULTIFAMILY 318,256,977 N/A 318,256,977 318,256,977
C1 - VACANT LOTS 186,747,565 N/A 186,747,565 186,747,565
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,059,177 3.7816 1,073,393 4,059,177
D2 - FARM & RANCH IMP 4,330,883 N/A 4,330,883 4,330,883
E - NON-AG LAND AND IMPROVEMENTS 290,445,583 N/A 290,445,583 290,445,583
F1 - COMMERCIAL REAL 1,314,102,564 1.2622 1,041,120,713 1,314,102,564
F2 - INDUSTRIAL REAL 871,416,828 N/A 871,416,828 871,416,828
G - ALL MINERALS 5,579,115 N/A 5,579,115 5,579,115
J - ALL UTILITIES 151,593,667 N/A 151,593,667 151,593,667
L1 - COMMERCIAL PERSONAL 579,164,101 0.9862 587,268,405 579,164,101
L2 - INDUSTRIAL PERSONAL 371,302,793 N/A 371,302,793 371,302,793
M1 - MOBILE HOMES 23,023,032 N/A 23,023,032 23,023,032
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 151,595,998 N/A 151,595,998 151,595,998
S - SPECIAL INVENTORY 3,085,499 N/A 3,085,499 3,085,499
Subtotal 10,579,729,520 10,937,725,070 10,579,729,520
Less Total Deductions 3,154,635,618 3,307,140,420 3,154,635,618
Total Taxable Value 7,425,093,902 7,630,584,650 7,425,093,902

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 T13
7,425,093,902 7,425,093,902 7,173,330,757 7,173,330,757 7,545,559,285


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
0 251,763,145 120,465,383


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
7,425,093,902 7,425,093,902 7,173,330,757 7,173,330,757 7,545,559,285

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement