taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

165/Midland

165-902/Greenwood ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 459,747,700 N/A 459,747,700 459,747,700
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 28,407,750 N/A 28,407,750 28,407,750
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,502,480 N/A 4,502,480 4,502,480
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 70,153,160 N/A 70,153,160 70,153,160
F1. Commercial Real 46,365,950 N/A 46,365,950 46,365,950
F2. Industrial Real 86,733,470 N/A 86,733,470 86,733,470
G. Oil, Gas, Minerals 422,638,820 N/A 422,638,820 422,638,820
J. Utilities 64,673,060 N/A 64,673,060 64,673,060
L1. Commercial Personal 55,030,930 N/A 55,030,930 55,030,930
L2. Industrial Personal 262,920,650 N/A 262,920,650 262,920,650
M. Other Personal 24,140,170 N/A 24,140,170 24,140,170
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,028,930 N/A 1,028,930 1,028,930
S. Special Inventory 0 N/A 0 0
Subtotal 1,526,343,070 1,526,343,070 1,526,343,070
Less Total Deductions 79,326,940   79,326,940 79,326,940
Total Taxable Value 1,447,016,130 1,447,016,130 1,447,016,130 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
1,460,776,122 1,447,016,130 1,428,051,684 1,414,291,692


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,759,992 32,724,438


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

Value Taxable For I&S Purposes

T7 T8 T9 T10
1,460,776,122 1,447,016,130 1,428,051,684 1,414,291,692

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

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