taxes Property Tax Assistance

2022 ISD Summary Worksheet

Midland ISD (all splits)   Midland County  

165-Midland/Midland County

165-901/Midland ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 13,235,382,381 0.9623 13,753,904,584 13,235,382,381
B - MULTIFAMILY 2,474,186,217 0.8533 2,899,550,237 2,474,186,217
C1 - VACANT LOTS 267,590,900 0.5958 449,128,734 267,590,900
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,761,060 0.7512 14,325,250 10,761,060
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 367,431,120 0.8026 457,801,047 367,431,120
F1 - COMMERCIAL REAL 3,200,802,374 0.9045 3,538,753,316 3,200,802,374
F2 - INDUSTRIAL REAL 536,903,423 N/A 536,903,423 536,903,423
G - ALL MINERALS 21,466,828,889 1.0030 21,402,621,026 21,466,828,889
J - ALL UTILITIES 1,737,127,647 0.9357 1,856,500,638 1,737,127,647
L1 - COMMERCIAL PERSONAL 1,905,651,840 0.9683 1,968,038,666 1,905,651,840
L2 - INDUSTRIAL PERSONAL 4,241,026,300 N/A 4,241,026,300 4,241,026,300
M1 - MOBILE HOMES 150,002,392 N/A 150,002,392 150,002,392
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 45,910 N/A 45,910 45,910
S - SPECIAL INVENTORY 76,436,070 N/A 76,436,070 76,436,070
Subtotal 49,670,176,523 0 51,345,037,593 49,670,176,523
Less Total Deductions 2,310,775,086 0 2,410,791,521 2,310,775,086
Total Taxable Value 47,359,401,437 0 48,934,246,072 47,359,401,437

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 47,791,358,010 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 47,359,401,437 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 47,329,202,451 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 46,897,245,878 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 48,103,648,010 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 47,791,358,010 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 47,359,401,437 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 47,329,202,451 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 46,897,245,878 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 48,103,648,010 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 431,956,573 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 462,155,559 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 312,290,000 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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165-901-02/Midland ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 13,235,382,381 0.9623 13,753,904,584 13,235,382,381
B - MULTIFAMILY 2,474,186,217 0.8533 2,899,550,237 2,474,186,217
C1 - VACANT LOTS 267,590,900 0.5958 449,128,734 267,590,900
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,761,060 0.7512 14,325,250 10,761,060
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 367,431,120 0.8026 457,801,047 367,431,120
F1 - COMMERCIAL REAL 3,200,802,374 0.9045 3,538,753,316 3,200,802,374
F2 - INDUSTRIAL REAL 536,903,423 N/A 536,903,423 536,903,423
G - ALL MINERALS 21,466,828,889 1.0030 21,402,621,026 21,466,828,889
J - ALL UTILITIES 1,737,127,647 0.9357 1,856,500,638 1,737,127,647
L1 - COMMERCIAL PERSONAL 1,905,651,840 0.9683 1,968,038,666 1,905,651,840
L2 - INDUSTRIAL PERSONAL 4,241,026,300 N/A 4,241,026,300 4,241,026,300
M1 - MOBILE HOMES 150,002,392 N/A 150,002,392 150,002,392
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 45,910 N/A 45,910 45,910
S - SPECIAL INVENTORY 76,436,070 N/A 76,436,070 76,436,070
Subtotal 49,670,176,523 51,345,037,593 49,670,176,523
Less Total Deductions 2,310,775,086 2,410,791,521 2,310,775,086
Total Taxable Value 47,359,401,437 48,934,246,072 47,359,401,437

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 47,791,358,010 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 47,359,401,437 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 47,329,202,451 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 46,897,245,878 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 48,103,648,010 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 47,791,358,010 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 47,359,401,437 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 47,329,202,451 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 46,897,245,878 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 48,103,648,010 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 431,956,573 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 462,155,559 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 312,290,000 Loss to the second most recent increase in the state-mandated homestead exemption

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