taxes Property Tax Assistance

2017 ISD Summary Worksheet

070/Ellis

070-908/Midlothian ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 2,830,422,153 N/A 2,830,422,153 2,830,422,153
B. Multi-Family Residences 64,052,773 N/A 64,052,773 64,052,773
C1. Vacant Lots 72,467,954 N/A 72,467,954 72,467,954
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,375,680 N/A 5,375,680 5,375,680
D2. Real Prop Farm & Ranch 3,580,210 N/A 3,580,210 3,580,210
E. Real Prop NonQual Acres 142,082,984 N/A 142,082,984 142,082,984
F1. Commercial Real 272,657,730 N/A 272,657,730 272,657,730
F2. Industrial Real 793,217,820 N/A 793,217,820 793,217,820
G. Oil, Gas, Minerals 4,990,758 N/A 4,990,758 4,990,758
J. Utilities 100,711,574 N/A 100,711,574 100,711,574
L1. Commercial Personal 229,307,898 N/A 229,307,898 229,307,898
L2. Industrial Personal 346,678,480 N/A 346,678,480 346,678,480
M. Other Personal 7,928,110 N/A 7,928,110 7,928,110
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 102,167,305 N/A 102,167,305 102,167,305
S. Special Inventory 910,000 N/A 910,000 910,000
Subtotal 4,976,551,429 4,976,551,429 4,976,551,429
Less Total Deductions 1,147,073,381   1,147,073,381 1,147,073,381
Total Taxable Value 3,829,478,048 3,829,478,048 3,829,478,048 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
3,926,158,757 3,829,478,048 3,807,104,812 3,710,424,103


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
96,680,709 119,053,945


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
3,926,158,757 3,829,478,048 3,807,104,812 3,710,424,103

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