taxes Property Tax Assistance

2019 ISD Summary Worksheet

084-Galveston

084-902/Galveston ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 6,854,108,216 0.9466 7,240,765,071 6,854,108,216
B. MULTIFAMILY RESIDENCES 370,969,152 0.7806 475,235,911 370,969,152
C1. VACANT LOTS 435,167,534 0.8642 503,549,565 435,167,534
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 351,294 1.0418 337,199 351,294
D2. REAL PROP:FARM & RANCH 2,390 N/A 2,390 2,390
E. REAL PROP NONQUAL ACREAGE 31,381,489 N/A 31,381,489 31,381,489
F1. COMMERCIAL REAL 682,303,842 0.5576 1,223,643,906 682,303,842
F2. INDUSTRIAL REAL 53,401,930 N/A 53,401,930 53,401,930
G. OIL,GAS,MINERALS 14,389,629 N/A 14,389,629 14,389,629
J. UTILITIES 133,949,950 N/A 133,949,950 133,949,950
L1. COMMERCIAL PERSONAL 241,231,045 N/A 241,231,045 241,231,045
L2. INDUSTRIAL PERSONAL 144,029,700 N/A 144,029,700 144,029,700
M. MOBILE HOMES 107,591 N/A 107,591 107,591
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 30,375,470 N/A 30,375,470 30,375,470
S. SPECIAL INVENTORY 9,253,580 N/A 9,253,580 9,253,580
Subtotal 9,001,022,812 0 10,101,654,426 9,001,022,812
Less Total Deductions 1,016,496,493 0 1,091,088,322 1,016,496,493
Total Taxable Value 7,984,526,319 0 9,010,566,104 7,984,526,319

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
8,092,299,686 7,984,526,319 7,853,807,669 7,746,034,302


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
107,773,367 238,492,017


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
8,092,299,686 7,984,526,319 7,853,807,669 7,746,034,302

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

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

084-902-02/Galveston ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 6,854,108,216 0.9466 7,240,765,071 6,854,108,216
B. MULTIFAMILY RESIDENCES 370,969,152 0.7806 475,235,911 370,969,152
C1. VACANT LOTS 435,167,534 0.8642 503,549,565 435,167,534
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 351,294 1.0418 337,199 351,294
D2. REAL PROP:FARM & RANCH 2,390 N/A 2,390 2,390
E. REAL PROP NONQUAL ACREAGE 31,381,489 N/A 31,381,489 31,381,489
F1. COMMERCIAL REAL 682,303,842 0.5576 1,223,643,906 682,303,842
F2. INDUSTRIAL REAL 53,401,930 N/A 53,401,930 53,401,930
G. OIL,GAS,MINERALS 14,389,629 N/A 14,389,629 14,389,629
J. UTILITIES 133,949,950 N/A 133,949,950 133,949,950
L1. COMMERCIAL PERSONAL 241,231,045 N/A 241,231,045 241,231,045
L2. INDUSTRIAL PERSONAL 144,029,700 N/A 144,029,700 144,029,700
M. MOBILE HOMES 107,591 N/A 107,591 107,591
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 30,375,470 N/A 30,375,470 30,375,470
S. SPECIAL INVENTORY 9,253,580 N/A 9,253,580 9,253,580
Subtotal 9,001,022,812 10,101,654,426 9,001,022,812
Less Total Deductions 1,016,496,493 1,091,088,322 1,016,496,493
Total Taxable Value 7,984,526,319 9,010,566,104 7,984,526,319

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
8,092,299,686 7,984,526,319 7,853,807,669 7,746,034,302


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
107,773,367 238,492,017


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
8,092,299,686 7,984,526,319 7,853,807,669 7,746,034,302

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