taxes Property Tax Assistance

2018 ISD Summary Worksheet

084-Galveston

084-908/Hitchcock ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	574,495,583	N/A	574,495,583	574,495,583
B. MULTIFAMILY RESIDENCES	9,662,896	N/A	9,662,896	9,662,896
C1. VACANT LOTS	50,127,139	N/A	50,127,139	50,127,139
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	1,482,862	N/A	1,482,862	1,482,862
D2. REAL PROP:FARM & RANCH	0	N/A	0	0
E. REAL PROP NONQUAL ACREAGE	17,520,670	N/A	17,520,670	17,520,670
F1. COMMERCIAL REAL	64,982,851	N/A	64,982,851	64,982,851
F2. INDUSTRIAL REAL	980,921	N/A	980,921	980,921
G. OIL,GAS,MINERALS	690,474	N/A	690,474	690,474
J. UTILITIES	33,962,296	N/A	33,962,296	33,962,296
L1. COMMERCIAL PERSONAL	29,157,450	N/A	29,157,450	29,157,450
L2. INDUSTRIAL PERSONAL	4,208,600	N/A	4,208,600	4,208,600
M. MOBILE HOMES	2,463,510	N/A	2,463,510	2,463,510
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	3,588,590	N/A	3,588,590	3,588,590
S. SPECIAL INVENTORY	2,588,740	N/A	2,588,740	2,588,740
Subtotal	795,912,582	0	795,912,582	795,912,582
Less Total Deductions	110,765,291	0	110,765,291	110,765,291
Total Taxable Value	685,147,291	0	685,147,291	685,147,291

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
707,517,069	685,147,291	707,517,069	685,147,291

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
22,369,778	0

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
707,517,069	685,147,291	707,517,069	685,147,291

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

084-908-02/Hitchcock ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	574,495,583	N/A	574,495,583	574,495,583
B. MULTIFAMILY RESIDENCES	9,662,896	N/A	9,662,896	9,662,896
C1. VACANT LOTS	50,127,139	N/A	50,127,139	50,127,139
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	1,482,862	N/A	1,482,862	1,482,862
D2. REAL PROP:FARM & RANCH	0	N/A	0	0
E. REAL PROP NONQUAL ACREAGE	17,520,670	N/A	17,520,670	17,520,670
F1. COMMERCIAL REAL	64,982,851	N/A	64,982,851	64,982,851
F2. INDUSTRIAL REAL	980,921	N/A	980,921	980,921
G. OIL,GAS,MINERALS	690,474	N/A	690,474	690,474
J. UTILITIES	33,962,296	N/A	33,962,296	33,962,296
L1. COMMERCIAL PERSONAL	29,157,450	N/A	29,157,450	29,157,450
L2. INDUSTRIAL PERSONAL	4,208,600	N/A	4,208,600	4,208,600
M. MOBILE HOMES	2,463,510	N/A	2,463,510	2,463,510
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	3,588,590	N/A	3,588,590	3,588,590
S. SPECIAL INVENTORY	2,588,740	N/A	2,588,740	2,588,740
Subtotal	795,912,582		795,912,582	795,912,582
Less Total Deductions	110,765,291		110,765,291	110,765,291
Total Taxable Value	685,147,291		685,147,291	685,147,291

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
707,517,069	685,147,291	707,517,069	685,147,291

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
22,369,778	0

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
707,517,069	685,147,291	707,517,069	685,147,291

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