taxes Property Tax Assistance

2023 ISD Summary Worksheet

070-Ellis/Ellis County

070-908/Midlothian ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 8,400,997,418 N/A 8,400,997,418 8,400,997,418
B - MULTIFAMILY 362,291,899 N/A 362,291,899 362,291,899
C1 - VACANT LOTS 280,126,311 N/A 280,126,311 280,126,311
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,039,724 N/A 4,039,724 4,039,724
D2 - FARM & RANCH IMP 9,087,476 N/A 9,087,476 9,087,476
E - NON-AG LAND AND IMPROVEMENTS 429,933,391 N/A 429,933,391 429,933,391
F1 - COMMERCIAL REAL 1,425,488,146 N/A 1,425,488,146 1,425,488,146
F2 - INDUSTRIAL REAL 1,049,705,913 N/A 1,049,705,913 1,049,705,913
G - ALL MINERALS 14,379,913 N/A 14,379,913 14,379,913
J - ALL UTILITIES 171,017,129 N/A 171,017,129 171,017,129
L1 - COMMERCIAL PERSONAL 813,967,513 N/A 813,967,513 813,967,513
L2 - INDUSTRIAL PERSONAL 672,080,602 N/A 672,080,602 672,080,602
M1 - MOBILE HOMES 28,471,222 N/A 28,471,222 28,471,222
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 189,517,578 N/A 189,517,578 189,517,578
S - SPECIAL INVENTORY 2,076,158 N/A 2,076,158 2,076,158
Subtotal 13,853,180,393 0 13,853,180,393 13,853,180,393
Less Total Deductions 4,873,900,419 0 4,873,900,419 4,873,900,419
Total Taxable Value 8,979,279,974 0 8,979,279,974 8,979,279,974

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

Measure Value Description
T1 9,793,933,009 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 8,979,279,974 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 9,464,213,573 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 8,649,560,538 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 10,006,678,009 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 10,148,508,009 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 9,072,342,632 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 9,793,933,009 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 8,979,279,974 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 9,464,213,573 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 8,649,560,538 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 10,006,678,009 T13 plus the loss to the chapter 313 agreement
T16 10,148,508,009 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 9,072,342,632 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 814,653,035 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 329,719,436 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 212,745,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 141,830,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

070-908-02/Midlothian ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 8,400,997,418 N/A 8,400,997,418 8,400,997,418
B - MULTIFAMILY 362,291,899 N/A 362,291,899 362,291,899
C1 - VACANT LOTS 280,126,311 N/A 280,126,311 280,126,311
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,039,724 N/A 4,039,724 4,039,724
D2 - FARM & RANCH IMP 9,087,476 N/A 9,087,476 9,087,476
E - NON-AG LAND AND IMPROVEMENTS 429,933,391 N/A 429,933,391 429,933,391
F1 - COMMERCIAL REAL 1,425,488,146 N/A 1,425,488,146 1,425,488,146
F2 - INDUSTRIAL REAL 1,049,705,913 N/A 1,049,705,913 1,049,705,913
G - ALL MINERALS 14,379,913 N/A 14,379,913 14,379,913
J - ALL UTILITIES 171,017,129 N/A 171,017,129 171,017,129
L1 - COMMERCIAL PERSONAL 813,967,513 N/A 813,967,513 813,967,513
L2 - INDUSTRIAL PERSONAL 672,080,602 N/A 672,080,602 672,080,602
M1 - MOBILE HOMES 28,471,222 N/A 28,471,222 28,471,222
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 189,517,578 N/A 189,517,578 189,517,578
S - SPECIAL INVENTORY 2,076,158 N/A 2,076,158 2,076,158
Subtotal 13,853,180,393 13,853,180,393 13,853,180,393
Less Total Deductions 4,873,900,419 4,873,900,419 4,873,900,419
Total Taxable Value 8,979,279,974 8,979,279,974 8,979,279,974

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

Measure Value Description
T1 9,793,933,009 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 8,979,279,974 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 9,464,213,573 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 8,649,560,538 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 10,006,678,009 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 10,148,508,009 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 9,072,342,632 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 9,793,933,009 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 8,979,279,974 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 9,464,213,573 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 8,649,560,538 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 10,006,678,009 T13 plus the loss to the chapter 313 agreement
T16 10,148,508,009 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 9,072,342,632 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 814,653,035 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 329,719,436 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 212,745,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 141,830,000 Loss to Second Previous Homestead Increase