taxes Property Tax Assistance

2018 ISD Summary Worksheet

165/Midland

165-902/Greenwood ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 607,702,606 .9531 637,606,344 607,702,606
B. Multi-Family Residences 262,070 N/A 262,070 262,070
C1. Vacant Lots 30,929,873 N/A 30,929,873 30,929,873
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,816,540 1.0558 4,561,896 4,816,540
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 74,234,800 .9702 76,514,945 74,234,800
F1. Commercial Real 55,755,201 N/A 55,755,201 55,755,201
F2. Industrial Real 130,922,610 N/A 130,922,610 130,922,610
G. Oil, Gas, Minerals 493,892,618 1.0132 487,458,170 493,892,618
J. Utilities 141,332,560 .8926 158,338,069 141,332,560
L1. Commercial Personal 41,720,100 N/A 41,720,100 41,720,100
L2. Industrial Personal 258,953,860 N/A 258,953,860 258,953,860
M. Other Personal 31,976,110 N/A 31,976,110 31,976,110
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 206,560 N/A 206,560 206,560
Subtotal 1,872,705,508 1,915,205,808 1,872,705,508
Less Total Deductions 96,779,746   100,560,924 96,779,746
Total Taxable Value 1,775,925,762 1,814,644,884 1,775,925,762 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
1,791,605,242 1,775,925,762 1,747,269,006 1,731,589,526


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,679,480 44,336,236


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
1,791,605,242 1,775,925,762 1,747,269,006 1,731,589,526

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