taxes Property Tax Assistance

2024 ISD Summary Worksheet

Midway ISD (all splits)   Clay County   Jack County  

039-Clay/Clay County

039-905/Midway ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 18,140,500 1.0035 18,077,230 18,140,500
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 613,650 N/A 613,650 613,650
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,502,660 1.2791 8,210,744 10,502,660
D2 - FARM & RANCH IMP 11,042,840 N/A 11,042,840 11,042,840
E - NON-AG LAND AND IMPROVEMENTS 55,023,090 0.8697 63,266,747 55,023,090
F1 - COMMERCIAL REAL 584,290 N/A 584,290 584,290
F2 - INDUSTRIAL REAL 85,685,500 N/A 85,685,500 85,685,500
G - ALL MINERALS 17,334,020 0.9989 17,353,108 17,334,020
J - ALL UTILITIES 13,692,960 0.9538 14,356,217 13,692,960
L1 - COMMERCIAL PERSONAL 151,490 N/A 151,490 151,490
L2 - INDUSTRIAL PERSONAL 1,456,210 N/A 1,456,210 1,456,210
M1 - MOBILE HOMES 2,450,660 N/A 2,450,660 2,450,660
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,500 N/A 5,500 5,500
Subtotal 216,683,370 0 223,254,186 216,683,370
Less Total Deductions 35,577,374 0 35,555,360 35,577,374
Total Taxable Value 181,105,996 0 187,698,826 181,105,996

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 193,283,546 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 181,105,996 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 193,283,546 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 181,105,996 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 197,423,546 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 200,183,546 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 181,105,996 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 193,283,546 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 181,105,996 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 193,283,546 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 181,105,996 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 197,423,546 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 200,183,546 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 181,105,996 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 12,177,550 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 4,140,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 2,760,000 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.


Back to top


119-Jack/Jack County

039-905/Midway ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 502,200 N/A 502,200 502,200
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 24,840 N/A 24,840 24,840
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 942,408 N/A 942,408 942,408
D2 - FARM & RANCH IMP 1,163,470 N/A 1,163,470 1,163,470
E - NON-AG LAND AND IMPROVEMENTS 7,870,760 N/A 7,870,760 7,870,760
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 878,590 N/A 878,590 878,590
J - ALL UTILITIES 914,830 N/A 914,830 914,830
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 492,070 N/A 492,070 492,070
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 12,789,168 0 12,789,168 12,789,168
Less Total Deductions 4,672,122 0 4,672,122 4,672,122
Total Taxable Value 8,117,046 0 8,117,046 8,117,046

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 8,519,286 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 8,117,046 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 8,519,286 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 8,117,046 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 8,894,286 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 9,144,286 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 8,143,703 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 8,519,286 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 8,117,046 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 8,519,286 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 8,117,046 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 8,894,286 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 9,144,286 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 8,143,703 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 402,240 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 375,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 250,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


Back to top


039-905-02/Midway ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 18,642,700 1.0034 18,579,430 18,642,700
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 638,490 N/A 638,490 638,490
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,445,068 1.2504 9,153,152 11,445,068
D2 - FARM & RANCH IMP 12,206,310 N/A 12,206,310 12,206,310
E - NON-AG LAND AND IMPROVEMENTS 62,893,850 0.8841 71,137,507 62,893,850
F1 - COMMERCIAL REAL 584,290 N/A 584,290 584,290
F2 - INDUSTRIAL REAL 85,685,500 N/A 85,685,500 85,685,500
G - ALL MINERALS 18,212,610 0.9990 18,231,698 18,212,610
J - ALL UTILITIES 14,607,790 0.9566 15,271,047 14,607,790
L1 - COMMERCIAL PERSONAL 151,490 N/A 151,490 151,490
L2 - INDUSTRIAL PERSONAL 1,456,210 N/A 1,456,210 1,456,210
M1 - MOBILE HOMES 2,942,730 N/A 2,942,730 2,942,730
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,500 N/A 5,500 5,500
Subtotal 229,472,538 236,043,354 229,472,538
Less Total Deductions 40,249,496 40,227,482 40,249,496
Total Taxable Value 189,223,042 195,815,872 189,223,042

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 201,802,832 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 189,223,042 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 201,802,832 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 189,223,042 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 206,317,832 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 209,327,832 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 189,249,699 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 201,802,832 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 189,223,042 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 201,802,832 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 189,223,042 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 206,317,832 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 209,327,832 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 189,249,699 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 12,579,790 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 4,515,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 3,010,000 Loss to the third most recent increase in the state-mandated homestead exemption

Back to top