taxes Property Tax Assistance

2022 ISD Summary Worksheet

Midway ISD (all splits)   McLennan County  

161-McLennan/McLennan County

161-903/Midway ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 5,204,549,789 0.9502 5,477,320,342 5,204,549,789
B - MULTIFAMILY 395,589,636 1.0560 374,611,398 395,589,636
C1 - VACANT LOTS 109,021,973 N/A 109,021,973 109,021,973
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,477,741 0.9832 5,571,453 5,477,741
D2 - FARM & RANCH IMP 5,172,749 N/A 5,172,749 5,172,749
E - NON-AG LAND AND IMPROVEMENTS 137,693,246 N/A 137,693,246 137,693,246
F1 - COMMERCIAL REAL 951,368,149 1.0607 896,924,813 951,368,149
F2 - INDUSTRIAL REAL 389,792,863 N/A 389,792,863 389,792,863
G - ALL MINERALS 1,723 N/A 1,723 1,723
J - ALL UTILITIES 118,521,142 N/A 118,521,142 118,521,142
L1 - COMMERCIAL PERSONAL 486,500,320 1.0055 483,839,204 486,500,320
L2 - INDUSTRIAL PERSONAL 945,826,670 N/A 945,826,670 945,826,670
M1 - MOBILE HOMES 2,899,992 N/A 2,899,992 2,899,992
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 21,321,840 N/A 21,321,840 21,321,840
S - SPECIAL INVENTORY 26,618,780 N/A 26,618,780 26,618,780
Subtotal 8,800,356,613 0 8,995,138,188 8,800,356,613
Less Total Deductions 1,541,572,763 0 1,643,327,174 1,541,572,763
Total Taxable Value 7,258,783,850 0 7,351,811,014 7,258,783,850

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 7,436,296,631 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 7,258,783,850 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 7,436,296,631 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 7,258,783,850 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 7,556,086,631 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 7,436,296,631 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 7,258,783,850 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 7,436,296,631 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 7,258,783,850 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 7,556,086,631 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 177,512,781 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
LOSS_PREV_INCR_HMSTD 119,790,000 Loss to the second most recent increase in the state-mandated 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 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 5,204,549,789 0.9502 5,477,320,342 5,204,549,789
B - MULTIFAMILY 395,589,636 1.0560 374,611,398 395,589,636
C1 - VACANT LOTS 109,021,973 N/A 109,021,973 109,021,973
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,477,741 0.9832 5,571,453 5,477,741
D2 - FARM & RANCH IMP 5,172,749 N/A 5,172,749 5,172,749
E - NON-AG LAND AND IMPROVEMENTS 137,693,246 N/A 137,693,246 137,693,246
F1 - COMMERCIAL REAL 951,368,149 1.0607 896,924,813 951,368,149
F2 - INDUSTRIAL REAL 389,792,863 N/A 389,792,863 389,792,863
G - ALL MINERALS 1,723 N/A 1,723 1,723
J - ALL UTILITIES 118,521,142 N/A 118,521,142 118,521,142
L1 - COMMERCIAL PERSONAL 486,500,320 1.0055 483,839,204 486,500,320
L2 - INDUSTRIAL PERSONAL 945,826,670 N/A 945,826,670 945,826,670
M1 - MOBILE HOMES 2,899,992 N/A 2,899,992 2,899,992
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 21,321,840 N/A 21,321,840 21,321,840
S - SPECIAL INVENTORY 26,618,780 N/A 26,618,780 26,618,780
Subtotal 8,800,356,613 8,995,138,188 8,800,356,613
Less Total Deductions 1,541,572,763 1,643,327,174 1,541,572,763
Total Taxable Value 7,258,783,850 7,351,811,014 7,258,783,850

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 7,436,296,631 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 7,258,783,850 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 7,436,296,631 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 7,258,783,850 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 7,556,086,631 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 7,436,296,631 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 7,258,783,850 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 7,436,296,631 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 7,258,783,850 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 7,556,086,631 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 177,512,781 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
LOSS_PREV_INCR_HMSTD 119,790,000 Loss to the second most recent increase in the state-mandated homestead exemption

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