taxes Property Tax Assistance

2019 ISD Summary Worksheet

084-Galveston

084-906/Texas City ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,364,045,559 0.9161 2,580,554,043 2,364,045,559
B. MULTIFAMILY RESIDENCES 133,334,521 N/A 133,334,521 133,334,521
C1. VACANT LOTS 55,756,752 N/A 55,756,752 55,756,752
D1. QUALIFIED AG LAND 33,240 1.1085 29,986 33,240
E. REAL PROP NONQUAL ACREAGE 22,984,182 N/A 22,984,182 22,984,182
F1. COMMERCIAL REAL 266,549,580 0.5267 506,074,767 266,549,580
F2. INDUSTRIAL REAL 2,391,060,690 N/A 2,391,060,690 2,391,060,690
G. OIL,GAS,MINERALS 269,304 N/A 269,304 269,304
J. UTILITIES 200,099,840 1.0554 189,596,210 200,099,840
L1. COMMERCIAL PERSONAL 181,534,630 1.0066 180,344,357 181,534,630
L2. INDUSTRIAL PERSONAL 781,246,410 N/A 781,246,410 781,246,410
M. MOBILE HOMES 2,472,450 N/A 2,472,450 2,472,450
O. RESIDENTIAL INVENTORY 4,252,370 N/A 4,252,370 4,252,370
S. SPECIAL INVENTORY 9,248,580 N/A 9,248,580 9,248,580
Subtotal 6,412,888,108 0 6,857,224,622 6,412,888,108
Less Total Deductions 991,791,775 0 1,057,050,345 991,791,775
Total Taxable Value 5,421,096,333 0 5,800,174,277 5,421,096,333

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
5,536,073,170 5,421,096,333 5,388,034,882 5,273,058,045


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
114,976,837 148,038,288


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
5,536,073,170 5,421,096,333 5,388,034,882 5,273,058,045

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

084-906-02/Texas City ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,364,045,559 0.9161 2,580,554,043 2,364,045,559
B. MULTIFAMILY RESIDENCES 133,334,521 N/A 133,334,521 133,334,521
C1. VACANT LOTS 55,756,752 N/A 55,756,752 55,756,752
D1. QUALIFIED AG LAND 33,240 1.1085 29,986 33,240
E. REAL PROP NONQUAL ACREAGE 22,984,182 N/A 22,984,182 22,984,182
F1. COMMERCIAL REAL 266,549,580 0.5267 506,074,767 266,549,580
F2. INDUSTRIAL REAL 2,391,060,690 N/A 2,391,060,690 2,391,060,690
G. OIL,GAS,MINERALS 269,304 N/A 269,304 269,304
J. UTILITIES 200,099,840 1.0554 189,596,210 200,099,840
L1. COMMERCIAL PERSONAL 181,534,630 1.0066 180,344,357 181,534,630
L2. INDUSTRIAL PERSONAL 781,246,410 N/A 781,246,410 781,246,410
M. MOBILE HOMES 2,472,450 N/A 2,472,450 2,472,450
O. RESIDENTIAL INVENTORY 4,252,370 N/A 4,252,370 4,252,370
S. SPECIAL INVENTORY 9,248,580 N/A 9,248,580 9,248,580
Subtotal 6,412,888,108 6,857,224,622 6,412,888,108
Less Total Deductions 991,791,775 1,057,050,345 991,791,775
Total Taxable Value 5,421,096,333 5,800,174,277 5,421,096,333

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
5,536,073,170 5,421,096,333 5,388,034,882 5,273,058,045


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
114,976,837 148,038,288


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
5,536,073,170 5,421,096,333 5,388,034,882 5,273,058,045

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