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2007 ISD Summary Worksheet

165/Midland
165-901/Midland ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 3,976,790,340 .9611 4,137,748,767 3,976,790,340
B. Multi-Family Residences 212,755,410 N/A 212,755,410 212,755,410
C. Vacant Lots 108,856,970 N/A 108,856,970 108,856,970
D. Rural Real(Taxable) 166,806,790 .9732 171,400,191 166,806,790
F1. Commercial Real 1,019,538,000 .8848 1,152,280,741 1,019,538,000
F2. Industrial Real 29,114,250 N/A 29,114,250 29,114,250
G. Oil, Gas, Minerals 1,834,168,056 1.0009 1,832,518,789 1,834,168,056
J. Utilities 287,022,390 N/A 287,022,390 287,022,390
L1. Commercial Personal 719,253,035 1.0111 711,356,973 719,253,035
L2. Industrial Personal 737,228,560 N/A 737,228,560 737,228,560
M. Other Personal 29,851,270 N/A 29,851,270 29,851,270
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 9,882,820 N/A 9,882,820 9,882,820
S. Special Inventory 28,538,010 N/A 28,538,010 28,538,010
Subtotal 9,159,805,901 9,448,555,141 9,159,805,901
Less Total Deductions 1,110,807,184   1,154,856,508 1,110,807,184
Total Taxable Value 8,048,998,717 8,293,698,633 8,048,998,717 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 157,269,440 N/A 157,269,440
Prod Value Qualified Acres 9,537,350 .6749 14,130,751
Taxable Value 166,806,790   171,400,191

The taxable values shown here will not match the values reported by your appraisal district

NOTE: See the ISD Deduction Report for a breakdown of deduction values

SB4, Passed by the 1999 legislature, (Section 403.302(J) and (K), Government Code), requires the Comptroller to certify alternative measures of school district wealth (T1, T3, and T4) in addition to the traditional measure (T2). Questions about the extent to which any of these wealth measures affect school funding should be directed to the Division of State Funding at the Texas Education Agency, Telephone #512-463-9238.

T1 Loss To The Additional $10,000 Homestead Exemption T2 50% Of The Loss To The Local Optional Percentage Homestead Exemption T3 T4
8,298,030,387 249,031,670 8,048,998,717 152,418,630 8,145,611,757 7,896,580,087

T1 = School district taxable value before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value after the loss to the additional $10,000 homestead exemption

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

The PVS found your local value to be valid, and local value was certified

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