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 6,043,466,227 N/A 6,043,466,227 6,043,466,227
B - MULTIFAMILY 441,174,600 N/A 441,174,600 441,174,600
C1 - VACANT LOTS 120,797,075 N/A 120,797,075 120,797,075
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,839,331 N/A 5,839,331 5,839,331
D2 - FARM & RANCH IMP 5,585,452 N/A 5,585,452 5,585,452
E - NON-AG LAND AND IMPROVEMENTS 148,565,381 N/A 148,565,381 148,565,381
F1 - COMMERCIAL REAL 1,185,810,517 N/A 1,185,810,517 1,185,810,517
F2 - INDUSTRIAL REAL 896,940,278 N/A 896,940,278 896,940,278
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 759,666,669 N/A 759,666,669 759,666,669
L2 - INDUSTRIAL PERSONAL 1,540,137,470 N/A 1,540,137,470 1,540,137,470
M1 - MOBILE HOMES 4,057,862 N/A 4,057,862 4,057,862
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 33,583,458 N/A 33,583,458 33,583,458
S - SPECIAL INVENTORY 25,859,520 N/A 25,859,520 25,859,520
Subtotal 11,352,555,357 0 11,352,555,357 11,352,555,357
Less Total Deductions 3,336,379,543 0 3,336,379,543 3,336,379,543
Total Taxable Value 8,016,175,814 0 8,016,175,814 8,016,175,814

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 8,531,397,750 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 8,016,175,814 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 8,531,397,750 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 8,016,175,814 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,313,411,365 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 9,509,814,258 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 8,595,972,057 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 9,640,954,770 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 8,293,283,479 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 8,531,397,750 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 8,016,175,814 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 8,531,397,750 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 8,016,175,814 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,313,411,365 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 9,509,814,258 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 8,595,972,057 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 9,640,954,770 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 8,293,283,479 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 515,221,936 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 782,013,615 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 196,402,893 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 131,140,512 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 277,107,665 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 6,043,466,227 N/A 6,043,466,227 6,043,466,227
B - MULTIFAMILY 441,174,600 N/A 441,174,600 441,174,600
C1 - VACANT LOTS 120,797,075 N/A 120,797,075 120,797,075
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,839,331 N/A 5,839,331 5,839,331
D2 - FARM & RANCH IMP 5,585,452 N/A 5,585,452 5,585,452
E - NON-AG LAND AND IMPROVEMENTS 148,565,381 N/A 148,565,381 148,565,381
F1 - COMMERCIAL REAL 1,185,810,517 N/A 1,185,810,517 1,185,810,517
F2 - INDUSTRIAL REAL 896,940,278 N/A 896,940,278 896,940,278
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 759,666,669 N/A 759,666,669 759,666,669
L2 - INDUSTRIAL PERSONAL 1,540,137,470 N/A 1,540,137,470 1,540,137,470
M1 - MOBILE HOMES 4,057,862 N/A 4,057,862 4,057,862
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 33,583,458 N/A 33,583,458 33,583,458
S - SPECIAL INVENTORY 25,859,520 N/A 25,859,520 25,859,520
Subtotal 11,352,555,357 11,352,555,357 11,352,555,357
Less Total Deductions 3,336,379,543 3,336,379,543 3,336,379,543
Total Taxable Value 8,016,175,814 8,016,175,814 8,016,175,814

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 8,531,397,750 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 8,016,175,814 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 8,531,397,750 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 8,016,175,814 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,313,411,365 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 9,509,814,258 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 8,595,972,057 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 9,640,954,770 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 8,293,283,479 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 8,531,397,750 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 8,016,175,814 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 8,531,397,750 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 8,016,175,814 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,313,411,365 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 9,509,814,258 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 8,595,972,057 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 9,640,954,770 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 8,293,283,479 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 515,221,936 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 782,013,615 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 196,402,893 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 131,140,512 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 277,107,665 Loss to the increase in the Over-65/Disabled Homestead

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