taxes Property Tax Assistance

2018 ISD Summary Worksheet

084-Galveston

084-902/Galveston ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 6,419,053,695 N/A 6,419,053,695 6,419,053,695
B. MULTIFAMILY RESIDENCES 354,859,832 N/A 354,859,832 354,859,832
C1. VACANT LOTS 420,751,813 N/A 420,751,813 420,751,813
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 364,602 N/A 364,602 364,602
D2. REAL PROP:FARM & RANCH 2,390 N/A 2,390 2,390
E. REAL PROP NONQUAL ACREAGE 30,735,263 N/A 30,735,263 30,735,263
F1. COMMERCIAL REAL 674,159,631 N/A 674,159,631 674,159,631
F2. INDUSTRIAL REAL 51,771,701 N/A 51,771,701 51,771,701
G. OIL,GAS,MINERALS 11,669,439 N/A 11,669,439 11,669,439
J. UTILITIES 155,859,805 N/A 155,859,805 155,859,805
L1. COMMERCIAL PERSONAL 238,977,842 N/A 238,977,842 238,977,842
L2. INDUSTRIAL PERSONAL 132,626,090 N/A 132,626,090 132,626,090
M. MOBILE HOMES 111,110 N/A 111,110 111,110
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 32,606,990 N/A 32,606,990 32,606,990
S. SPECIAL INVENTORY 10,620,910 N/A 10,620,910 10,620,910
Subtotal 8,534,171,113 0 8,534,171,113 8,534,171,113
Less Total Deductions 996,670,262 0 996,670,262 996,670,262
Total Taxable Value 7,537,500,851 0 7,537,500,851 7,537,500,851

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

T1 T2 T3 T4
7,643,332,643 7,537,500,851 7,424,156,375 7,318,324,583


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
105,831,792 219,176,268


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

Value Taxable For I & S Purposes

T7 T8 T9 T10
7,643,332,643 7,537,500,851 7,424,156,375 7,318,324,583

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

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

084-902-02/Galveston ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 6,419,053,695 N/A 6,419,053,695 6,419,053,695
B. MULTIFAMILY RESIDENCES 354,859,832 N/A 354,859,832 354,859,832
C1. VACANT LOTS 420,751,813 N/A 420,751,813 420,751,813
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 364,602 N/A 364,602 364,602
D2. REAL PROP:FARM & RANCH 2,390 N/A 2,390 2,390
E. REAL PROP NONQUAL ACREAGE 30,735,263 N/A 30,735,263 30,735,263
F1. COMMERCIAL REAL 674,159,631 N/A 674,159,631 674,159,631
F2. INDUSTRIAL REAL 51,771,701 N/A 51,771,701 51,771,701
G. OIL,GAS,MINERALS 11,669,439 N/A 11,669,439 11,669,439
J. UTILITIES 155,859,805 N/A 155,859,805 155,859,805
L1. COMMERCIAL PERSONAL 238,977,842 N/A 238,977,842 238,977,842
L2. INDUSTRIAL PERSONAL 132,626,090 N/A 132,626,090 132,626,090
M. MOBILE HOMES 111,110 N/A 111,110 111,110
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 32,606,990 N/A 32,606,990 32,606,990
S. SPECIAL INVENTORY 10,620,910 N/A 10,620,910 10,620,910
Subtotal 8,534,171,113 8,534,171,113 8,534,171,113
Less Total Deductions 996,670,262 996,670,262 996,670,262
Total Taxable Value 7,537,500,851 7,537,500,851 7,537,500,851

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

T1 T2 T3 T4
7,643,332,643 7,537,500,851 7,424,156,375 7,318,324,583


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
105,831,792 219,176,268


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

Value Taxable For I & S Purposes

T7 T8 T9 T10
7,643,332,643 7,537,500,851 7,424,156,375 7,318,324,583

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