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2011 ISD Summary Worksheet

165/Midland

165-901/Midland ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTD Value Estimate 2011 Value Assigned
A. Single-Family Residences 5,313,994,550 N/A 5,313,994,550 5,313,994,550
B. Multi-Family Residences 340,640,160 N/A 340,640,160 340,640,160
C. Vacant Lots 113,239,160 N/A 113,239,160 113,239,160
D. Rural Real(Taxable) 164,273,470 N/A 164,273,470 164,273,470
F1. Commercial Real 1,409,238,670 N/A 1,409,238,670 1,409,238,670
F2. Industrial Real 60,893,540 N/A 60,893,540 60,893,540
G. Oil, Gas, Minerals 2,817,635,010 N/A 2,817,635,010 2,817,635,010
J. Utilities 298,838,340 N/A 298,838,340 298,838,340
L1. Commercial Personal 765,246,370 N/A 765,246,370 765,246,370
L2. Industrial Personal 1,297,725,800 N/A 1,297,725,800 1,297,725,800
M. Other Personal 43,921,810 N/A 43,921,810 43,921,810
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 11,306,460 N/A 11,306,460 11,306,460
S. Special Inventory 31,752,930 N/A 31,752,930 31,752,930
Subtotal 12,668,706,270 12,668,706,270 12,668,706,270
Less Total Deductions 1,032,847,607   1,032,847,607 1,032,847,607
Total Taxable Value 11,635,858,663 11,635,858,663 11,635,858,663 T2

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 154,098,030 N/A 154,098,030
Prod Value Qualified Acres 10,175,440 N/A 10,175,440
Taxable Value 164,273,470   164,273,470

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
11,908,672,573 11,635,858,663 11,689,151,203 11,416,337,293 11,715,982,672 11,496,461,302


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
272,813,910 219,521,370


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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
11,908,672,573 11,635,858,663 11,689,151,203 11,416,337,293 11,715,982,672 11,496,461,302

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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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