taxes Property Tax Assistance

2023 ISD Summary Worksheet

165-Midland/Midland County

165-901/Midland ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 14,209,267,234 N/A 14,209,267,234 14,209,267,234
B - MULTIFAMILY 2,229,782,189 N/A 2,229,782,189 2,229,782,189
C1 - VACANT LOTS 279,114,748 N/A 279,114,748 279,114,748
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,216,710 N/A 11,216,710 11,216,710
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 380,554,082 N/A 380,554,082 380,554,082
F1 - COMMERCIAL REAL 4,172,062,996 N/A 4,172,062,996 4,172,062,996
F2 - INDUSTRIAL REAL 657,788,876 N/A 657,788,876 657,788,876
G - ALL MINERALS 23,837,738,537 N/A 23,837,738,537 23,837,738,537
J - ALL UTILITIES 1,784,893,683 N/A 1,784,893,683 1,784,893,683
L1 - COMMERCIAL PERSONAL 2,304,891,181 N/A 2,304,891,181 2,304,891,181
L2 - INDUSTRIAL PERSONAL 4,159,322,090 N/A 4,159,322,090 4,159,322,090
M1 - MOBILE HOMES 150,547,730 N/A 150,547,730 150,547,730
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 66,905,010 N/A 66,905,010 66,905,010
Subtotal 54,244,085,066 0 54,244,085,066 54,244,085,066
Less Total Deductions 4,617,751,723 0 4,617,751,723 4,617,751,723
Total Taxable Value 49,626,333,343 0 49,626,333,343 49,626,333,343

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

Measure Value Description
T1 51,343,920,731 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 49,626,333,343 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 50,848,091,136 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 49,130,503,748 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 51,821,640,731 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 52,140,120,731 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 50,173,044,175 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 51,343,920,731 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 49,626,333,343 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 50,848,091,136 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 49,130,503,748 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 51,821,640,731 T13 plus the loss to the chapter 313 agreement
T16 52,140,120,731 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 50,173,044,175 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,717,587,388 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 495,829,595 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 477,720,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 318,480,000 Loss to Second Previous Homestead Increase

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

165-901-02/Midland ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 14,209,267,234 N/A 14,209,267,234 14,209,267,234
B - MULTIFAMILY 2,229,782,189 N/A 2,229,782,189 2,229,782,189
C1 - VACANT LOTS 279,114,748 N/A 279,114,748 279,114,748
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,216,710 N/A 11,216,710 11,216,710
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 380,554,082 N/A 380,554,082 380,554,082
F1 - COMMERCIAL REAL 4,172,062,996 N/A 4,172,062,996 4,172,062,996
F2 - INDUSTRIAL REAL 657,788,876 N/A 657,788,876 657,788,876
G - ALL MINERALS 23,837,738,537 N/A 23,837,738,537 23,837,738,537
J - ALL UTILITIES 1,784,893,683 N/A 1,784,893,683 1,784,893,683
L1 - COMMERCIAL PERSONAL 2,304,891,181 N/A 2,304,891,181 2,304,891,181
L2 - INDUSTRIAL PERSONAL 4,159,322,090 N/A 4,159,322,090 4,159,322,090
M1 - MOBILE HOMES 150,547,730 N/A 150,547,730 150,547,730
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 66,905,010 N/A 66,905,010 66,905,010
Subtotal 54,244,085,066 54,244,085,066 54,244,085,066
Less Total Deductions 4,617,751,723 4,617,751,723 4,617,751,723
Total Taxable Value 49,626,333,343 49,626,333,343 49,626,333,343

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

Measure Value Description
T1 51,343,920,731 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 49,626,333,343 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 50,848,091,136 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 49,130,503,748 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 51,821,640,731 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 52,140,120,731 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 50,173,044,175 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 51,343,920,731 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 49,626,333,343 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 50,848,091,136 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 49,130,503,748 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 51,821,640,731 T13 plus the loss to the chapter 313 agreement
T16 52,140,120,731 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 50,173,044,175 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,717,587,388 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 495,829,595 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 477,720,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 318,480,000 Loss to Second Previous Homestead Increase