taxes Property Tax Assistance

2025 ISD Summary Worksheet

Midway ISD (all splits)   Clay County   Jack County  

039-Clay/Clay County

039-905/Midway ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 18,179,140 N/A 18,179,140 18,179,140
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 732,380 N/A 732,380 732,380
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,912,730 N/A 10,912,730 10,912,730
D2 - FARM & RANCH IMP 11,186,640 N/A 11,186,640 11,186,640
E - NON-AG LAND AND IMPROVEMENTS 62,673,690 N/A 62,673,690 62,673,690
F1 - COMMERCIAL REAL 563,210 N/A 563,210 563,210
F2 - INDUSTRIAL REAL 69,724,660 N/A 69,724,660 69,724,660
G - ALL MINERALS 17,177,000 N/A 17,177,000 17,177,000
J - ALL UTILITIES 13,019,660 N/A 13,019,660 13,019,660
L1 - COMMERCIAL PERSONAL 94,090 N/A 94,090 94,090
L2 - INDUSTRIAL PERSONAL 1,413,550 N/A 1,413,550 1,413,550
M1 - MOBILE HOMES 2,188,220 N/A 2,188,220 2,188,220
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 40,330 N/A 40,330 40,330
Subtotal 207,905,300 0 207,905,300 207,905,300
Less Total Deductions 51,701,806 0 51,701,806 51,701,806
Total Taxable Value 156,203,494 0 156,203,494 156,203,494

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 163,003,835 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 156,203,494 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 163,003,835 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 156,203,494 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 176,738,475 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 180,778,815 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 156,360,916 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 183,570,673 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 159,177,922 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 163,003,835 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 156,203,494 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 163,003,835 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 156,203,494 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 176,738,475 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 180,778,815 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 156,360,916 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 183,570,673 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 159,177,922 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 6,800,341 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 13,734,640 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 4,040,340 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 2,791,858 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 2,974,428 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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119-Jack/Jack County

039-905/Midway ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 505,110 N/A 505,110 505,110
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 943,950 N/A 943,950 943,950
D2 - FARM & RANCH IMP 1,699,220 N/A 1,699,220 1,699,220
E - NON-AG LAND AND IMPROVEMENTS 8,147,510 N/A 8,147,510 8,147,510
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 690,300 N/A 690,300 690,300
J - ALL UTILITIES 1,031,400 N/A 1,031,400 1,031,400
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 533,670 N/A 533,670 533,670
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 13,576,000 0 13,576,000 13,576,000
Less Total Deductions 4,894,515 0 4,894,515 4,894,515
Total Taxable Value 8,681,485 0 8,681,485 8,681,485

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 8,951,325 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 8,681,485 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 8,951,325 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 8,681,485 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,730,724 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 10,046,174 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 8,738,490 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 10,294,713 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 8,731,485 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 8,951,325 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 8,681,485 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 8,951,325 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 8,681,485 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,730,724 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 10,046,174 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 8,738,490 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 10,294,713 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 8,731,485 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 269,840 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 779,399 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 315,450 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 248,539 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 50,000 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED.


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039-905-02/Midway ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 18,684,250 N/A 18,684,250 18,684,250
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 757,220 N/A 757,220 757,220
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,856,680 N/A 11,856,680 11,856,680
D2 - FARM & RANCH IMP 12,885,860 N/A 12,885,860 12,885,860
E - NON-AG LAND AND IMPROVEMENTS 70,821,200 N/A 70,821,200 70,821,200
F1 - COMMERCIAL REAL 563,210 N/A 563,210 563,210
F2 - INDUSTRIAL REAL 69,724,660 N/A 69,724,660 69,724,660
G - ALL MINERALS 17,867,300 N/A 17,867,300 17,867,300
J - ALL UTILITIES 14,051,060 N/A 14,051,060 14,051,060
L1 - COMMERCIAL PERSONAL 94,090 N/A 94,090 94,090
L2 - INDUSTRIAL PERSONAL 1,413,550 N/A 1,413,550 1,413,550
M1 - MOBILE HOMES 2,721,890 N/A 2,721,890 2,721,890
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 40,330 N/A 40,330 40,330
Subtotal 221,481,300 221,481,300 221,481,300
Less Total Deductions 56,596,321 56,596,321 56,596,321
Total Taxable Value 164,884,979 164,884,979 164,884,979

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 171,955,160 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 164,884,979 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 171,955,160 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 164,884,979 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 186,469,199 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 190,824,989 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 165,099,406 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 193,865,386 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 167,909,407 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 171,955,160 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 164,884,979 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 171,955,160 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 164,884,979 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 186,469,199 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 190,824,989 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 165,099,406 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 193,865,386 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 167,909,407 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 7,070,181 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 14,514,039 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 4,355,790 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 3,040,397 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 3,024,428 Loss to the increase in the Over-65/Disabled Homestead

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