taxes Property Tax Assistance

2024 ISD Summary Worksheet

Midlothian ISD (all splits)   Ellis County  

070-Ellis/Ellis County

070-908/Midlothian ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 8,309,316,440 0.9861 8,426,444,012 8,309,316,440
B - MULTIFAMILY 550,331,029 1.0268 535,967,110 550,331,029
C1 - VACANT LOTS 224,991,443 1.0160 221,448,271 224,991,443
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,955,244 2.9646 1,671,479 4,955,244
D2 - FARM & RANCH IMP 8,760,313 N/A 8,760,313 8,760,313
E - NON-AG LAND AND IMPROVEMENTS 353,001,698 0.9100 387,913,954 353,001,698
F1 - COMMERCIAL REAL 1,419,559,772 1.0089 1,407,037,141 1,419,559,772
F2 - INDUSTRIAL REAL 1,353,138,333 N/A 1,353,138,333 1,353,138,333
G - ALL MINERALS 4,082,143 N/A 4,082,143 4,082,143
J - ALL UTILITIES 188,019,099 N/A 188,019,099 188,019,099
L1 - COMMERCIAL PERSONAL 937,814,868 0.9793 957,637,974 937,814,868
L2 - INDUSTRIAL PERSONAL 752,706,890 N/A 752,706,890 752,706,890
M1 - MOBILE HOMES 28,884,599 N/A 28,884,599 28,884,599
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 278,009,132 N/A 278,009,132 278,009,132
S - SPECIAL INVENTORY 1,936,152 N/A 1,936,152 1,936,152
Subtotal 14,415,507,155 0 14,553,656,602 14,415,507,155
Less Total Deductions 4,911,429,530 0 4,940,467,488 4,911,429,530
Total Taxable Value 9,504,077,625 0 9,613,189,114 9,504,077,625

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 10,391,432,233 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 9,504,077,625 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 10,056,105,139 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 9,168,750,531 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 10,622,462,233 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 10,776,482,233 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 9,822,984,766 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 10,391,432,233 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 9,504,077,625 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 10,056,105,139 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 9,168,750,531 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 10,622,462,233 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 10,776,482,233 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 9,822,984,766 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 887,354,608 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 335,327,094 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 231,030,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 154,020,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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070-908-02/Midlothian ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 8,309,316,440 0.9861 8,426,444,012 8,309,316,440
B - MULTIFAMILY 550,331,029 1.0268 535,967,110 550,331,029
C1 - VACANT LOTS 224,991,443 1.0160 221,448,271 224,991,443
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,955,244 2.9646 1,671,479 4,955,244
D2 - FARM & RANCH IMP 8,760,313 N/A 8,760,313 8,760,313
E - NON-AG LAND AND IMPROVEMENTS 353,001,698 0.9100 387,913,954 353,001,698
F1 - COMMERCIAL REAL 1,419,559,772 1.0089 1,407,037,141 1,419,559,772
F2 - INDUSTRIAL REAL 1,353,138,333 N/A 1,353,138,333 1,353,138,333
G - ALL MINERALS 4,082,143 N/A 4,082,143 4,082,143
J - ALL UTILITIES 188,019,099 N/A 188,019,099 188,019,099
L1 - COMMERCIAL PERSONAL 937,814,868 0.9793 957,637,974 937,814,868
L2 - INDUSTRIAL PERSONAL 752,706,890 N/A 752,706,890 752,706,890
M1 - MOBILE HOMES 28,884,599 N/A 28,884,599 28,884,599
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 278,009,132 N/A 278,009,132 278,009,132
S - SPECIAL INVENTORY 1,936,152 N/A 1,936,152 1,936,152
Subtotal 14,415,507,155 14,553,656,602 14,415,507,155
Less Total Deductions 4,911,429,530 4,940,467,488 4,911,429,530
Total Taxable Value 9,504,077,625 9,613,189,114 9,504,077,625

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 10,391,432,233 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 9,504,077,625 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 10,056,105,139 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 9,168,750,531 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 10,622,462,233 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 10,776,482,233 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 9,822,984,766 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 10,391,432,233 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 9,504,077,625 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 10,056,105,139 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 9,168,750,531 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 10,622,462,233 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 10,776,482,233 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 9,822,984,766 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 887,354,608 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 335,327,094 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 231,030,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 154,020,000 Loss to the third most recent increase in the state-mandated homestead exemption

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