taxes Property Tax Assistance

2023 ISD Summary Worksheet

084-Galveston/Galveston County

084-908/Hitchcock ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,345,540,602 0.9896 1,359,681,287 1,345,540,602
B - MULTIFAMILY 37,828,730 N/A 37,828,730 37,828,730
C1 - VACANT LOTS 64,160,231 N/A 64,160,231 64,160,231
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,503,827 0.7586 1,982,359 1,503,827
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 24,508,262 N/A 24,508,262 24,508,262
F1 - COMMERCIAL REAL 195,626,722 0.8602 227,420,044 195,626,722
F2 - INDUSTRIAL REAL 977,230 N/A 977,230 977,230
G - ALL MINERALS 4,213,076 N/A 4,213,076 4,213,076
J - ALL UTILITIES 53,256,350 N/A 53,256,350 53,256,350
L1 - COMMERCIAL PERSONAL 56,912,340 N/A 56,912,340 56,912,340
L2 - INDUSTRIAL PERSONAL 4,224,480 N/A 4,224,480 4,224,480
M1 - MOBILE HOMES 3,389,192 N/A 3,389,192 3,389,192
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 13,791,815 N/A 13,791,815 13,791,815
S - SPECIAL INVENTORY 2,445,750 N/A 2,445,750 2,445,750
Subtotal 1,808,378,607 0 1,854,791,146 1,808,378,607
Less Total Deductions 531,173,527 0 535,988,285 531,173,527
Total Taxable Value 1,277,205,080 0 1,318,802,861 1,277,205,080

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 1,427,051,740 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,277,205,080 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 1,427,051,740 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,277,205,080 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,471,766,740 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,501,576,740 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,294,926,367 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 1,427,051,740 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,277,205,080 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 1,427,051,740 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,277,205,080 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,471,766,740 T13 plus the loss to the chapter 313 agreement
T16 1,501,576,740 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,294,926,367 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 149,846,660 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 44,715,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 29,810,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

084-908-02/Hitchcock ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,345,540,602 0.9896 1,359,681,287 1,345,540,602
B - MULTIFAMILY 37,828,730 N/A 37,828,730 37,828,730
C1 - VACANT LOTS 64,160,231 N/A 64,160,231 64,160,231
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,503,827 0.7586 1,982,359 1,503,827
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 24,508,262 N/A 24,508,262 24,508,262
F1 - COMMERCIAL REAL 195,626,722 0.8602 227,420,044 195,626,722
F2 - INDUSTRIAL REAL 977,230 N/A 977,230 977,230
G - ALL MINERALS 4,213,076 N/A 4,213,076 4,213,076
J - ALL UTILITIES 53,256,350 N/A 53,256,350 53,256,350
L1 - COMMERCIAL PERSONAL 56,912,340 N/A 56,912,340 56,912,340
L2 - INDUSTRIAL PERSONAL 4,224,480 N/A 4,224,480 4,224,480
M1 - MOBILE HOMES 3,389,192 N/A 3,389,192 3,389,192
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 13,791,815 N/A 13,791,815 13,791,815
S - SPECIAL INVENTORY 2,445,750 N/A 2,445,750 2,445,750
Subtotal 1,808,378,607 1,854,791,146 1,808,378,607
Less Total Deductions 531,173,527 535,988,285 531,173,527
Total Taxable Value 1,277,205,080 1,318,802,861 1,277,205,080

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 1,427,051,740 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,277,205,080 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 1,427,051,740 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,277,205,080 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,471,766,740 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,501,576,740 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,294,926,367 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 1,427,051,740 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,277,205,080 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 1,427,051,740 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,277,205,080 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,471,766,740 T13 plus the loss to the chapter 313 agreement
T16 1,501,576,740 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,294,926,367 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 149,846,660 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 44,715,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 29,810,000 Loss to Second Previous Homestead Increase