taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

039/Clay

039-905/Midway ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 9,282,950 N/A 9,282,950 9,282,950
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 131,270 N/A 131,270 131,270
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,759,700 N/A 11,759,700 11,759,700
D2. Real Prop Farm & Ranch 1,920,810 N/A 1,920,810 1,920,810
E. Real Prop NonQual Acres 24,849,180 N/A 24,849,180 24,849,180
F1. Commercial Real 111,510 N/A 111,510 111,510
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 39,352,210 N/A 39,352,210 39,352,210
J. Utilities 8,558,900 N/A 8,558,900 8,558,900
L1. Commercial Personal 688,580 N/A 688,580 688,580
L2. Industrial Personal 691,330 N/A 691,330 691,330
M. Other Personal 313,270 N/A 313,270 313,270
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 97,659,710 97,659,710 97,659,710
Less Total Deductions 6,807,813   6,807,813 6,807,813
Total Taxable Value 90,851,897 90,851,897 90,851,897 T2

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 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 districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
93,201,037 90,851,897 93,201,037 90,851,897 90,851,897 90,851,897


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,349,140 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
93,201,037 90,851,897 93,201,037 90,851,897 90,851,897 90,851,897

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

119/Jack

039-905/Midway ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 81,450 N/A 81,450 81,450
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 5,050 N/A 5,050 5,050
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 739,260 N/A 739,260 739,260
D2. Real Prop Farm & Ranch 277,870 N/A 277,870 277,870
E. Real Prop NonQual Acres 1,607,350 N/A 1,607,350 1,607,350
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,427,440 N/A 1,427,440 1,427,440
J. Utilities 867,450 N/A 867,450 867,450
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 58,550 N/A 58,550 58,550
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 5,064,420 5,064,420 5,064,420
Less Total Deductions 488,515   488,515 488,515
Total Taxable Value 4,575,905 4,575,905 4,575,905 T2

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 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 districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
4,763,385 4,575,905 4,763,385 4,575,905 4,575,905 4,575,905


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
187,480 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
4,763,385 4,575,905 4,763,385 4,575,905 4,575,905 4,575,905

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

039-905/Midway ISD



Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 9,364,400 N/A 9,364,400 9,364,400
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 136,320 N/A 136,320 136,320
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,498,960 N/A 12,498,960 12,498,960
D2. Real Prop Farm & Ranch 2,198,680 N/A 2,198,680 2,198,680
E. Real Prop NonQual Acres 26,456,530 N/A 26,456,530 26,456,530
F1. Commercial Real 111,510 N/A 111,510 111,510
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 40,779,650 N/A 40,779,650 40,779,650
J. Utilities 9,426,350 N/A 9,426,350 9,426,350
L1. Commercial Personal 688,580 N/A 688,580 688,580
L2. Industrial Personal 691,330 N/A 691,330 691,330
M. Other Personal 371,820 N/A 371,820 371,820
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 102,724,130 102,724,130 102,724,130
Less Total Deductions 7,296,328   7,296,328 7,296,328
Total Taxable Value 95,427,802 95,427,802 95,427,802 T2

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