taxes Property Tax Assistance

2022 ISD Summary Worksheet

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 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
47,791,358,010 47,359,401,437 47,329,202,451 46,897,245,878 48,103,648,010


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
431,956,573 462,155,559 312,290,000


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
47,791,358,010 47,359,401,437 47,329,202,451 46,897,245,878 48,103,648,010

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

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 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
47,791,358,010 47,359,401,437 47,329,202,451 46,897,245,878 48,103,648,010


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
431,956,573 462,155,559 312,290,000


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
47,791,358,010 47,359,401,437 47,329,202,451 46,897,245,878 48,103,648,010

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