taxes Property Tax Assistance

2025 ISD Summary Worksheet

Midway ISD (all splits)   McLennan County  

161-McLennan/McLennan County

161-903/Midway ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 6,045,551,915 N/A 6,045,551,915 6,045,551,915
B - MULTIFAMILY 441,174,600 N/A 441,174,600 441,174,600
C1 - VACANT LOTS 119,834,525 N/A 119,834,525 119,834,525
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,840,151 N/A 5,840,151 5,840,151
D2 - FARM & RANCH IMP 5,585,452 N/A 5,585,452 5,585,452
E - NON-AG LAND AND IMPROVEMENTS 148,694,951 N/A 148,694,951 148,694,951
F1 - COMMERCIAL REAL 1,187,699,148 N/A 1,187,699,148 1,187,699,148
F2 - INDUSTRIAL REAL 896,883,920 N/A 896,883,920 896,883,920
G - ALL MINERALS 7,999 N/A 7,999 7,999
J - ALL UTILITIES 141,063,518 N/A 141,063,518 141,063,518
L1 - COMMERCIAL PERSONAL 757,548,283 N/A 757,548,283 757,548,283
L2 - INDUSTRIAL PERSONAL 1,518,437,204 N/A 1,518,437,204 1,518,437,204
M1 - MOBILE HOMES 4,065,242 N/A 4,065,242 4,065,242
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 30,856,741 N/A 30,856,741 30,856,741
S - SPECIAL INVENTORY 25,859,520 N/A 25,859,520 25,859,520
Subtotal 11,329,103,169 0 11,329,103,169 11,329,103,169
Less Total Deductions 3,362,512,670 0 3,362,512,670 3,362,512,670
Total Taxable Value 7,966,590,499 0 7,966,590,499 7,966,590,499

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 8,485,823,823 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 7,966,590,499 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 8,485,823,823 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 7,966,590,499 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,273,925,998 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 9,471,858,034 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 8,484,424,953 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
T19 9,604,019,573 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 8,245,884,043 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 8,485,823,823 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 7,966,590,499 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 8,485,823,823 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 7,966,590,499 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,273,925,998 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 9,471,858,034 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 8,484,424,953 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
T20 9,604,019,573 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 8,245,884,043 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 519,233,324 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 788,102,175 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 197,932,036 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 132,161,539 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 279,293,544 Loss to the increase in the Over-65/Disabled Homestead

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


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161-903-02/Midway ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 6,045,551,915 N/A 6,045,551,915 6,045,551,915
B - MULTIFAMILY 441,174,600 N/A 441,174,600 441,174,600
C1 - VACANT LOTS 119,834,525 N/A 119,834,525 119,834,525
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,840,151 N/A 5,840,151 5,840,151
D2 - FARM & RANCH IMP 5,585,452 N/A 5,585,452 5,585,452
E - NON-AG LAND AND IMPROVEMENTS 148,694,951 N/A 148,694,951 148,694,951
F1 - COMMERCIAL REAL 1,187,699,148 N/A 1,187,699,148 1,187,699,148
F2 - INDUSTRIAL REAL 896,883,920 N/A 896,883,920 896,883,920
G - ALL MINERALS 7,999 N/A 7,999 7,999
J - ALL UTILITIES 141,063,518 N/A 141,063,518 141,063,518
L1 - COMMERCIAL PERSONAL 757,548,283 N/A 757,548,283 757,548,283
L2 - INDUSTRIAL PERSONAL 1,518,437,204 N/A 1,518,437,204 1,518,437,204
M1 - MOBILE HOMES 4,065,242 N/A 4,065,242 4,065,242
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 30,856,741 N/A 30,856,741 30,856,741
S - SPECIAL INVENTORY 25,859,520 N/A 25,859,520 25,859,520
Subtotal 11,329,103,169 11,329,103,169 11,329,103,169
Less Total Deductions 3,362,512,670 3,362,512,670 3,362,512,670
Total Taxable Value 7,966,590,499 7,966,590,499 7,966,590,499

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 8,485,823,823 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 7,966,590,499 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 8,485,823,823 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 7,966,590,499 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,273,925,998 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 9,471,858,034 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 8,484,424,953 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
T19 9,604,019,573 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 8,245,884,043 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 8,485,823,823 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 7,966,590,499 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 8,485,823,823 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 7,966,590,499 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,273,925,998 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 9,471,858,034 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 8,484,424,953 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
T20 9,604,019,573 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 8,245,884,043 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 519,233,324 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 788,102,175 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 197,932,036 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 132,161,539 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 279,293,544 Loss to the increase in the Over-65/Disabled Homestead

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