taxes Property Tax Assistance

2017 ISD Summary Worksheet

039/Clay

039-905/Midway ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 9,191,860 N/A 9,191,860 9,191,860
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 138,990 N/A 138,990 138,990
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,335,520 N/A 11,335,520 11,335,520
D2. Real Prop Farm & Ranch 2,552,730 N/A 2,552,730 2,552,730
E. Real Prop NonQual Acres 25,663,420 N/A 25,663,420 25,663,420
F1. Commercial Real 159,240 N/A 159,240 159,240
F2. Industrial Real 256,947,450 N/A 256,947,450 256,947,450
G. Oil, Gas, Minerals 13,659,240 N/A 13,659,240 13,659,240
J. Utilities 11,360,270 N/A 11,360,270 11,360,270
L1. Commercial Personal 868,560 N/A 868,560 868,560
L2. Industrial Personal 1,203,130 N/A 1,203,130 1,203,130
M. Other Personal 320,740 N/A 320,740 320,740
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 333,401,150 333,401,150 333,401,150
Less Total Deductions 262,246,960   262,246,960 262,246,960
Total Taxable Value 71,154,190 71,154,190 71,154,190 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
73,210,330 71,154,190 73,210,330 71,154,190


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,056,140 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
325,825,000 323,768,860 325,825,000 323,768,860

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

119/Jack

039-905/Midway ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 40,640 N/A 40,640 40,640
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 4,810 N/A 4,810 4,810
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 844,130 N/A 844,130 844,130
D2. Real Prop Farm & Ranch 274,970 N/A 274,970 274,970
E. Real Prop NonQual Acres 2,059,840 N/A 2,059,840 2,059,840
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,073,380 N/A 1,073,380 1,073,380
J. Utilities 814,550 N/A 814,550 814,550
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 139,580 N/A 139,580 139,580
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 5,251,900 5,251,900 5,251,900
Less Total Deductions 615,330   615,330 615,330
Total Taxable Value 4,636,570 4,636,570 4,636,570 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
4,761,650 4,636,570 4,761,650 4,636,570


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
125,080 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
4,761,650 4,636,570 4,761,650 4,636,570

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

039-905/Midway ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 9,232,500 N/A 9,232,500 9,232,500
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 143,800 N/A 143,800 143,800
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,179,650 N/A 12,179,650 12,179,650
D2. Real Prop Farm & Ranch 2,827,700 N/A 2,827,700 2,827,700
E. Real Prop NonQual Acres 27,723,260 N/A 27,723,260 27,723,260
F1. Commercial Real 159,240 N/A 159,240 159,240
F2. Industrial Real 256,947,450 N/A 256,947,450 256,947,450
G. Oil, Gas, Minerals 14,732,620 N/A 14,732,620 14,732,620
J. Utilities 12,174,820 N/A 12,174,820 12,174,820
L1. Commercial Personal 868,560 N/A 868,560 868,560
L2. Industrial Personal 1,203,130 N/A 1,203,130 1,203,130
M. Other Personal 460,320 N/A 460,320 460,320
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 338,653,050 338,653,050 338,653,050
Less Total Deductions 262,862,290   262,862,290 262,862,290
Total Taxable Value 75,790,760 75,790,760 75,790,760 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

039-905/Midway ISD

Final Values Worksheet

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
77,971,980 75,790,760 77,971,980 75,790,760


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,181,220 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
330,586,650 328,405,430 330,586,650 328,405,430

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