taxes Property Tax Assistance

2021 ISD Summary Worksheet

039-Clay /Clay County

039-905/Midway ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 11,761,040 N/A 11,761,040 11,761,040
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 290,830 N/A 290,830 290,830
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,622,429 N/A 11,622,429 11,622,429
D2 - FARM & RANCH IMP 3,663,720 N/A 3,663,720 3,663,720
E - NON-AG LAND AND IMPROVEMENTS 39,014,540 N/A 39,014,540 39,014,540
F1 - COMMERCIAL REAL 274,600 N/A 274,600 274,600
F2 - INDUSTRIAL REAL 139,126,000 N/A 139,126,000 139,126,000
G - ALL MINERALS 10,277,340 N/A 10,277,340 10,277,340
J - ALL UTILITIES 14,452,090 N/A 14,452,090 14,452,090
L1 - COMMERCIAL PERSONAL 322,810 N/A 322,810 322,810
L2 - INDUSTRIAL PERSONAL 951,540 N/A 951,540 951,540
M1 - MOBILE HOMES 1,116,800 N/A 1,116,800 1,116,800
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 232,873,739 0 232,873,739 232,873,739
Less Total Deductions 149,774,962 0 149,774,962 149,774,962
Total Taxable Value 83,098,777 0 83,098,777 83,098,777

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
85,358,227 83,098,777 85,358,227 83,098,777


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,259,450 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
219,984,537 217,725,087 219,984,537 217,725,087

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 /Jack County

039-905/Midway ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 40,620 N/A 40,620 40,620
B - MULTIFAMILY 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 ACRES - QUALIFIED OPEN-SPACE LAND 966,437 N/A 966,437 966,437
D2 - FARM & RANCH IMP 344,100 N/A 344,100 344,100
E - NON-AG LAND AND IMPROVEMENTS 2,328,810 N/A 2,328,810 2,328,810
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 663,670 N/A 663,670 663,670
J - ALL UTILITIES 987,820 N/A 987,820 987,820
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 166,780 N/A 166,780 166,780
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 5,503,047 0 5,503,047 5,503,047
Less Total Deductions 733,317 0 733,317 733,317
Total Taxable Value 4,769,730 0 4,769,730 4,769,730

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
4,937,710 4,769,730 4,937,710 4,769,730


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
167,980 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
4,937,710 4,769,730 4,937,710 4,769,730

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

039-905-02/Midway ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 11,801,660 N/A 11,801,660 11,801,660
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 295,640 N/A 295,640 295,640
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,588,866 N/A 12,588,866 12,588,866
D2 - FARM & RANCH IMP 4,007,820 N/A 4,007,820 4,007,820
E - NON-AG LAND AND IMPROVEMENTS 41,343,350 N/A 41,343,350 41,343,350
F1 - COMMERCIAL REAL 274,600 N/A 274,600 274,600
F2 - INDUSTRIAL REAL 139,126,000 N/A 139,126,000 139,126,000
G - ALL MINERALS 10,941,010 N/A 10,941,010 10,941,010
J - ALL UTILITIES 15,439,910 N/A 15,439,910 15,439,910
L1 - COMMERCIAL PERSONAL 322,810 N/A 322,810 322,810
L2 - INDUSTRIAL PERSONAL 951,540 N/A 951,540 951,540
M1 - MOBILE HOMES 1,283,580 N/A 1,283,580 1,283,580
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 238,376,786 238,376,786 238,376,786
Less Total Deductions 150,508,279 150,508,279 150,508,279
Total Taxable Value 87,868,507 87,868,507 87,868,507

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
90,295,937 87,868,507 90,295,937 87,868,507


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,427,430 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
224,922,247 222,494,817 224,922,247 222,494,817

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