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2008 ISD Summary Worksheet

039/Clay

039-905/Midway ISD

Category Local Tax Roll Value 2008 WTD Mean Ratio 2008 PTD Value Estimate 2008 Value Assigned
A. Single-Family Residences 6,281,740 .9977 6,296,221 6,281,740
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 87,890 N/A 87,890 87,890
D. Rural Real(Taxable) 34,384,460 1.0321 33,313,915 34,384,460
F1. Commercial Real 215,340 N/A 215,340 215,340
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 39,209,670 .9949 39,410,664 39,209,670
J. Utilities 4,335,580 .9918 4,371,426 4,335,580
L1. Commercial Personal 367,980 N/A 367,980 367,980
L2. Industrial Personal 624,570 N/A 624,570 624,570
M. Other Personal 1,485,300 N/A 1,485,300 1,485,300
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 86,992,530 86,173,306 86,992,530
Less Total Deductions 6,643,312   6,658,607 6,643,312
Total Taxable Value 80,349,218 79,514,699 80,349,218 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 23,010,760 1.0481 21,954,737
Prod Value Qualified Acres 11,373,700 1.0013 11,359,178
Taxable Value 34,384,460   33,313,915

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 (T1, T3, T4, T5 and T6) 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 T2 T3 T4 T5 T6
82,727,358 80,349,218 82,727,358 80,349,218 80,979,699 80,979,699


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
2,378,140 0


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 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

T5 = T2 Before the loss to the tax ceiling reduction

T6 = T5 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

039-905/Midway ISD

Category Local Tax Roll Value 2008 WTD Mean Ratio 2008 PTD Value Estimate 2008 Value Assigned
A. Single-Family Residences 79,450 N/A 79,450 79,450
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 6,760 N/A 6,760 6,760
D. Rural Real(Taxable) 2,596,380 1.0000 2,596,380 2,596,380
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,247,500 N/A 1,247,500 1,247,500
J. Utilities 312,790 N/A 312,790 312,790
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 71,560 N/A 71,560 71,560
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 4,314,440 4,314,440 4,314,440
Less Total Deductions 500,440   500,440 500,440
Total Taxable Value 3,814,000 3,814,000 3,814,000 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 1,695,100 N/A 1,695,100
Prod Value Qualified Acres 901,280 1.0000 901,280
Taxable Value 2,596,380   2,596,380

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 (T1, T3, T4, T5 and T6) 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 T2 T3 T4 T5 T6
4,005,970 3,814,000 4,005,970 3,814,000 3,814,000 3,814,000


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
191,970 0


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 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

T5 = T2 Before the loss to the tax ceiling reduction

T6 = T5 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/Midway ISD


Category Local Tax Roll Value 2008 WTD Mean Ratio 2008 PTD Value Estimate 2008 Value Assigned
A. Single-Family Residences 6,361,190 .9977 6,375,671 6,361,190
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 94,650 N/A 94,650 94,650
D. Rural Real(Taxable) 36,980,840 1.0298 35,910,295 36,980,840
F1. Commercial Real 215,340 N/A 215,340 215,340
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 40,457,170 .9951 40,658,164 40,457,170
J. Utilities 4,648,370 .9923 4,684,216 4,648,370
L1. Commercial Personal 367,980 N/A 367,980 367,980
L2. Industrial Personal 624,570 N/A 624,570 624,570
M. Other Personal 1,556,860 N/A 1,556,860 1,556,860
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 91,306,970 90,487,746 91,306,970
Less Total Deductions 7,143,752   7,159,047 7,143,752
Total Taxable Value 84,163,218 83,328,699 84,163,218 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 24,705,860 1.0447 23,649,837
Prod Value Qualified Acres 12,274,980 1.0012 12,260,458
Taxable Value 36,980,840   35,910,295

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

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