taxes Property Tax Assistance

2022 ISD Summary Worksheet

039-Clay /Clay County

039-905/Midway ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 11,611,850 1.0163 11,425,613 11,611,850
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 340,530 N/A 340,530 340,530
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,583,990 1.2597 9,195,608 11,583,990
D2 - FARM & RANCH IMP 3,393,470 N/A 3,393,470 3,393,470
E - NON-AG LAND AND IMPROVEMENTS 40,484,870 0.8715 46,454,240 40,484,870
F1 - COMMERCIAL REAL 285,370 N/A 285,370 285,370
F2 - INDUSTRIAL REAL 113,550,340 N/A 113,550,340 113,550,340
G - ALL MINERALS 16,346,030 1.0136 16,126,707 16,346,030
J - ALL UTILITIES 13,655,870 0.8902 15,340,227 13,655,870
L1 - COMMERCIAL PERSONAL 153,430 N/A 153,430 153,430
L2 - INDUSTRIAL PERSONAL 879,920 N/A 879,920 879,920
M1 - MOBILE HOMES 1,715,330 N/A 1,715,330 1,715,330
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 214,001,000 0 218,860,785 214,001,000
Less Total Deductions 125,331,024 0 125,112,702 125,331,024
Total Taxable Value 88,669,976 0 93,748,083 88,669,976

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
91,900,206 88,669,976 91,900,206 88,669,976 94,500,206


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
3,230,230 0 2,600,000


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
200,871,856 197,641,626 200,871,856 197,641,626 203,471,856

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

119-Jack /Jack County

039-905/Midway ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 39,120 N/A 39,120 39,120
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 5,050 N/A 5,050 5,050
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 966,310 N/A 966,310 966,310
D2 - FARM & RANCH IMP 344,100 N/A 344,100 344,100
E - NON-AG LAND AND IMPROVEMENTS 2,243,850 N/A 2,243,850 2,243,850
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 1,143,770 N/A 1,143,770 1,143,770
J - ALL UTILITIES 915,010 N/A 915,010 915,010
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 248,680 N/A 248,680 248,680
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 5,905,890 0 5,905,890 5,905,890
Less Total Deductions 850,856 0 850,856 850,856
Total Taxable Value 5,055,034 0 5,055,034 5,055,034

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
5,217,124 5,055,034 5,217,124 5,055,034 5,437,124


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
162,090 0 220,000


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
5,217,124 5,055,034 5,217,124 5,055,034 5,437,124

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

039-905-02/Midway ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 11,650,970 1.0162 11,464,733 11,650,970
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 345,580 N/A 345,580 345,580
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,550,300 1.2350 10,161,918 12,550,300
D2 - FARM & RANCH IMP 3,737,570 N/A 3,737,570 3,737,570
E - NON-AG LAND AND IMPROVEMENTS 42,728,720 0.8774 48,698,090 42,728,720
F1 - COMMERCIAL REAL 285,370 N/A 285,370 285,370
F2 - INDUSTRIAL REAL 113,550,340 N/A 113,550,340 113,550,340
G - ALL MINERALS 17,489,800 1.0127 17,270,477 17,489,800
J - ALL UTILITIES 14,570,880 0.8964 16,255,237 14,570,880
L1 - COMMERCIAL PERSONAL 153,430 N/A 153,430 153,430
L2 - INDUSTRIAL PERSONAL 879,920 N/A 879,920 879,920
M1 - MOBILE HOMES 1,964,010 N/A 1,964,010 1,964,010
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 219,906,890 224,766,675 219,906,890
Less Total Deductions 126,181,880 125,963,558 126,181,880
Total Taxable Value 93,725,010 98,803,117 93,725,010

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
97,117,330 93,725,010 97,117,330 93,725,010 99,937,330


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
3,392,320 0 2,820,000


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
206,088,980 202,696,660 206,088,980 202,696,660 208,908,980

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