taxes Property Tax Assistance

2024 ISD Summary Worksheet

Midland ISD (all splits)   Midland County  

165-Midland/Midland County

165-901/Midland ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 15,053,335,446 0.9621 15,646,331,406 15,053,335,446
B - MULTIFAMILY 2,147,831,248 1.0137 2,118,803,638 2,147,831,248
C1 - VACANT LOTS 292,740,464 0.4643 630,498,523 292,740,464
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,030,210 0.7039 15,670,045 11,030,210
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 369,497,263 0.6365 580,514,160 369,497,263
F1 - COMMERCIAL REAL 4,405,205,193 0.8253 5,337,701,676 4,405,205,193
F2 - INDUSTRIAL REAL 1,043,844,768 N/A 1,043,844,768 1,043,844,768
G - ALL MINERALS 24,113,484,191 0.9989 24,140,038,233 24,113,484,191
J - ALL UTILITIES 2,331,053,362 0.9342 2,495,240,165 2,331,053,362
L1 - COMMERCIAL PERSONAL 2,627,029,361 1.0460 2,511,500,345 2,627,029,361
L2 - INDUSTRIAL PERSONAL 3,925,009,730 N/A 3,925,009,730 3,925,009,730
M1 - MOBILE HOMES 156,941,740 N/A 156,941,740 156,941,740
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 86,208,040 N/A 86,208,040 86,208,040
Subtotal 56,563,211,016 0 58,688,302,469 56,563,211,016
Less Total Deductions 5,283,479,427 0 5,404,050,307 5,283,479,427
Total Taxable Value 51,279,731,589 0 53,284,252,162 51,279,731,589

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 53,052,900,889 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 51,279,731,589 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 52,520,937,240 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 50,747,767,940 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 53,542,020,889 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 53,868,100,889 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 52,005,532,844 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 53,140,019,229 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 51,366,849,929 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 52,608,055,580 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 50,834,886,280 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 53,629,139,229 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 53,955,219,229 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 52,092,651,184 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 1,773,169,300 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 531,963,649 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 489,120,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 326,080,000 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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165-901-02/Midland ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 15,053,335,446 0.9621 15,646,331,406 15,053,335,446
B - MULTIFAMILY 2,147,831,248 1.0137 2,118,803,638 2,147,831,248
C1 - VACANT LOTS 292,740,464 0.4643 630,498,523 292,740,464
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,030,210 0.7039 15,670,045 11,030,210
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 369,497,263 0.6365 580,514,160 369,497,263
F1 - COMMERCIAL REAL 4,405,205,193 0.8253 5,337,701,676 4,405,205,193
F2 - INDUSTRIAL REAL 1,043,844,768 N/A 1,043,844,768 1,043,844,768
G - ALL MINERALS 24,113,484,191 0.9989 24,140,038,233 24,113,484,191
J - ALL UTILITIES 2,331,053,362 0.9342 2,495,240,165 2,331,053,362
L1 - COMMERCIAL PERSONAL 2,627,029,361 1.0460 2,511,500,345 2,627,029,361
L2 - INDUSTRIAL PERSONAL 3,925,009,730 N/A 3,925,009,730 3,925,009,730
M1 - MOBILE HOMES 156,941,740 N/A 156,941,740 156,941,740
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 86,208,040 N/A 86,208,040 86,208,040
Subtotal 56,563,211,016 58,688,302,469 56,563,211,016
Less Total Deductions 5,283,479,427 5,404,050,307 5,283,479,427
Total Taxable Value 51,279,731,589 53,284,252,162 51,279,731,589

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 53,052,900,889 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 51,279,731,589 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 52,520,937,240 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 50,747,767,940 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 53,542,020,889 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 53,868,100,889 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 52,005,532,844 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 53,140,019,229 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 51,366,849,929 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 52,608,055,580 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 50,834,886,280 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 53,629,139,229 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 53,955,219,229 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 52,092,651,184 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 1,773,169,300 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 531,963,649 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 489,120,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 326,080,000 Loss to the third most recent increase in the state-mandated homestead exemption

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