taxes Property Tax Assistance

2021 ISD Summary Worksheet

165-Midland /Midland County

165-901/Midland ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 12,577,018,432 N/A 12,577,018,432 12,577,018,432
B - MULTIFAMILY 1,517,413,543 N/A 1,517,413,543 1,517,413,543
C1 - VACANT LOTS 280,367,494 N/A 280,367,494 280,367,494
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,726,120 N/A 10,726,120 10,726,120
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 361,260,130 N/A 361,260,130 361,260,130
F1 - COMMERCIAL REAL 3,222,943,114 N/A 3,222,943,114 3,222,943,114
F2 - INDUSTRIAL REAL 535,676,349 N/A 535,676,349 535,676,349
G - ALL MINERALS 10,255,759,478 N/A 10,255,759,478 10,255,759,478
J - ALL UTILITIES 1,565,068,917 N/A 1,565,068,917 1,565,068,917
L1 - COMMERCIAL PERSONAL 1,786,833,360 N/A 1,786,833,360 1,786,833,360
L2 - INDUSTRIAL PERSONAL 4,839,671,310 N/A 4,839,671,310 4,839,671,310
M1 - MOBILE HOMES 142,848,150 N/A 142,848,150 142,848,150
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 45,910 N/A 45,910 45,910
S - SPECIAL INVENTORY 70,979,040 N/A 70,979,040 70,979,040
Subtotal 37,166,611,347 0 37,166,611,347 37,166,611,347
Less Total Deductions 2,090,811,195 0 2,090,811,195 2,090,811,195
Total Taxable Value 35,075,800,152 0 35,075,800,152 35,075,800,152

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
35,370,523,767 35,075,800,152 34,924,763,593 34,630,039,978


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
294,723,615 445,760,174


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
35,370,523,767 35,075,800,152 34,924,763,593 34,630,039,978

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

165-901-02/Midland ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 12,577,018,432 N/A 12,577,018,432 12,577,018,432
B - MULTIFAMILY 1,517,413,543 N/A 1,517,413,543 1,517,413,543
C1 - VACANT LOTS 280,367,494 N/A 280,367,494 280,367,494
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,726,120 N/A 10,726,120 10,726,120
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 361,260,130 N/A 361,260,130 361,260,130
F1 - COMMERCIAL REAL 3,222,943,114 N/A 3,222,943,114 3,222,943,114
F2 - INDUSTRIAL REAL 535,676,349 N/A 535,676,349 535,676,349
G - ALL MINERALS 10,255,759,478 N/A 10,255,759,478 10,255,759,478
J - ALL UTILITIES 1,565,068,917 N/A 1,565,068,917 1,565,068,917
L1 - COMMERCIAL PERSONAL 1,786,833,360 N/A 1,786,833,360 1,786,833,360
L2 - INDUSTRIAL PERSONAL 4,839,671,310 N/A 4,839,671,310 4,839,671,310
M1 - MOBILE HOMES 142,848,150 N/A 142,848,150 142,848,150
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 45,910 N/A 45,910 45,910
S - SPECIAL INVENTORY 70,979,040 N/A 70,979,040 70,979,040
Subtotal 37,166,611,347 37,166,611,347 37,166,611,347
Less Total Deductions 2,090,811,195 2,090,811,195 2,090,811,195
Total Taxable Value 35,075,800,152 35,075,800,152 35,075,800,152

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
35,370,523,767 35,075,800,152 34,924,763,593 34,630,039,978


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
294,723,615 445,760,174


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
35,370,523,767 35,075,800,152 34,924,763,593 34,630,039,978

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