taxes Property Tax Assistance

2023 ISD Summary Worksheet

084-Galveston/Galveston County

084-902/Galveston ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 13,356,826,394 0.9770 13,671,265,501 13,671,265,501
B - MULTIFAMILY 846,503,171 0.9406 899,960,845 899,960,845
C1 - VACANT LOTS 601,629,946 0.5441 1,105,734,141 1,105,734,141
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 303,725 0.8768 346,392 346,392
D2 - FARM & RANCH IMP 2,390 N/A 2,390 2,390
E - NON-AG LAND AND IMPROVEMENTS 39,564,116 N/A 39,564,116 39,564,116
F1 - COMMERCIAL REAL 1,554,635,781 0.8362 1,859,167,401 1,859,167,401
F2 - INDUSTRIAL REAL 94,162,250 N/A 94,162,250 94,162,250
G - ALL MINERALS 5,290,400 N/A 5,290,400 5,290,400
J - ALL UTILITIES 168,573,680 N/A 168,573,680 168,573,680
L1 - COMMERCIAL PERSONAL 302,866,704 0.9180 329,920,157 329,920,157
L2 - INDUSTRIAL PERSONAL 132,342,790 N/A 132,342,790 132,342,790
M1 - MOBILE HOMES 29,130 N/A 29,130 29,130
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 19,362,726 N/A 19,362,726 19,362,726
S - SPECIAL INVENTORY 12,844,770 N/A 12,844,770 12,844,770
Subtotal 17,134,937,973 0 18,338,566,689 18,338,566,689
Less Total Deductions 3,053,556,560 0 3,124,590,698 3,124,590,698
Total Taxable Value 14,081,381,413 0 15,213,975,991 15,213,975,991

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 15,853,337,502 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 15,213,975,991 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 15,509,721,508 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 14,870,359,997 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 16,019,462,502 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 16,130,212,502 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 15,284,680,062 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 15,853,337,502 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 15,213,975,991 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 15,509,721,508 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 14,870,359,997 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 16,019,462,502 T13 plus the loss to the chapter 313 agreement
T16 16,130,212,502 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 15,284,680,062 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 639,361,511 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 343,615,994 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 166,125,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 110,750,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE

084-902-02/Galveston ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 13,356,826,394 0.9770 13,671,265,501 13,671,265,501
B - MULTIFAMILY 846,503,171 0.9406 899,960,845 899,960,845
C1 - VACANT LOTS 601,629,946 0.5441 1,105,734,141 1,105,734,141
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 303,725 0.8768 346,392 346,392
D2 - FARM & RANCH IMP 2,390 N/A 2,390 2,390
E - NON-AG LAND AND IMPROVEMENTS 39,564,116 N/A 39,564,116 39,564,116
F1 - COMMERCIAL REAL 1,554,635,781 0.8362 1,859,167,401 1,859,167,401
F2 - INDUSTRIAL REAL 94,162,250 N/A 94,162,250 94,162,250
G - ALL MINERALS 5,290,400 N/A 5,290,400 5,290,400
J - ALL UTILITIES 168,573,680 N/A 168,573,680 168,573,680
L1 - COMMERCIAL PERSONAL 302,866,704 0.9180 329,920,157 329,920,157
L2 - INDUSTRIAL PERSONAL 132,342,790 N/A 132,342,790 132,342,790
M1 - MOBILE HOMES 29,130 N/A 29,130 29,130
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 19,362,726 N/A 19,362,726 19,362,726
S - SPECIAL INVENTORY 12,844,770 N/A 12,844,770 12,844,770
Subtotal 17,134,937,973 18,338,566,689 18,338,566,689
Less Total Deductions 3,053,556,560 3,124,590,698 3,124,590,698
Total Taxable Value 14,081,381,413 15,213,975,991 15,213,975,991

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 15,853,337,502 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 15,213,975,991 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 15,509,721,508 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 14,870,359,997 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 16,019,462,502 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 16,130,212,502 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 15,284,680,062 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 15,853,337,502 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 15,213,975,991 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 15,509,721,508 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 14,870,359,997 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 16,019,462,502 T13 plus the loss to the chapter 313 agreement
T16 16,130,212,502 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 15,284,680,062 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 639,361,511 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 343,615,994 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 166,125,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 110,750,000 Loss to Second Previous Homestead Increase