taxes Property Tax Assistance

2020 ISD Summary Worksheet

070-Ellis

070-908/Midlothian ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 4,183,326,978 0.9885 4,231,994,920 4,183,326,978
B - MULTIFAMILY 171,887,600 N/A 171,887,600 171,887,600
C1 - VACANT LOTS 74,593,735 N/A 74,593,735 74,593,735
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,755,595 3.4783 1,367,208 4,755,595
D2 - FARM & RANCH IMP 3,859,929 N/A 3,859,929 3,859,929
E - NON-AG LAND AND IMPROVEMENTS 197,204,177 N/A 197,204,177 197,204,177
F1 - COMMERCIAL REAL 699,358,034 1.0354 675,447,203 699,358,034
F2 - INDUSTRIAL REAL 874,265,964 N/A 874,265,964 874,265,964
G - ALL MINERALS 4,329,623 N/A 4,329,623 4,329,623
J - ALL UTILITIES 131,697,644 N/A 131,697,644 131,697,644
L1 - COMMERCIAL PERSONAL 253,425,188 N/A 253,425,188 253,425,188
L2 - INDUSTRIAL PERSONAL 308,065,596 N/A 308,065,596 308,065,596
M1 - MOBILE HOMES 9,378,889 N/A 9,378,889 9,378,889
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 103,489,910 N/A 103,489,910 103,489,910
S - SPECIAL INVENTORY 1,337,970 N/A 1,337,970 1,337,970
Subtotal 7,020,976,832 0 7,042,345,556 7,020,976,832
Less Total Deductions 1,767,245,753 0 1,776,626,215 1,767,245,753
Total Taxable Value 5,253,731,079 0 5,265,719,341 5,253,731,079

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
5,366,291,592 5,253,731,079 5,195,314,590 5,082,754,077


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
112,560,513 170,977,002


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
5,366,291,592 5,253,731,079 5,195,314,590 5,082,754,077

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

070-908-02/Midlothian ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 4,183,326,978 0.9885 4,231,994,920 4,183,326,978
B - MULTIFAMILY 171,887,600 N/A 171,887,600 171,887,600
C1 - VACANT LOTS 74,593,735 N/A 74,593,735 74,593,735
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,755,595 3.4783 1,367,208 4,755,595
D2 - FARM & RANCH IMP 3,859,929 N/A 3,859,929 3,859,929
E - NON-AG LAND AND IMPROVEMENTS 197,204,177 N/A 197,204,177 197,204,177
F1 - COMMERCIAL REAL 699,358,034 1.0354 675,447,203 699,358,034
F2 - INDUSTRIAL REAL 874,265,964 N/A 874,265,964 874,265,964
G - ALL MINERALS 4,329,623 N/A 4,329,623 4,329,623
J - ALL UTILITIES 131,697,644 N/A 131,697,644 131,697,644
L1 - COMMERCIAL PERSONAL 253,425,188 N/A 253,425,188 253,425,188
L2 - INDUSTRIAL PERSONAL 308,065,596 N/A 308,065,596 308,065,596
M1 - MOBILE HOMES 9,378,889 N/A 9,378,889 9,378,889
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 103,489,910 N/A 103,489,910 103,489,910
S - SPECIAL INVENTORY 1,337,970 N/A 1,337,970 1,337,970
Subtotal 7,020,976,832 7,042,345,556 7,020,976,832
Less Total Deductions 1,767,245,753 1,776,626,215 1,767,245,753
Total Taxable Value 5,253,731,079 5,265,719,341 5,253,731,079

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
5,366,291,592 5,253,731,079 5,195,314,590 5,082,754,077


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
112,560,513 170,977,002


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
5,366,291,592 5,253,731,079 5,195,314,590 5,082,754,077

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