taxes Property Tax Assistance

2020 ISD Summary Worksheet

084-Galveston /Galveston County

084-906/Texas City ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 2,715,095,387 0.9032 3,006,084,352 2,715,095,387
B - MULTIFAMILY 191,404,096 N/A 191,404,096 191,404,096
C1 - VACANT LOTS 61,424,528 N/A 61,424,528 61,424,528
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 106,571 1.0270 103,772 106,571
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 24,552,443 N/A 24,552,443 24,552,443
F1 - COMMERCIAL REAL 317,993,488 0.6268 507,328,475 317,993,488
F2 - INDUSTRIAL REAL 2,418,410,920 N/A 2,418,410,920 2,418,410,920
G - ALL MINERALS 31,502 N/A 31,502 31,502
J - ALL UTILITIES 210,399,920 0.8206 256,397,660 210,399,920
L1 - COMMERCIAL PERSONAL 200,497,750 0.9882 202,891,874 200,497,750
L2 - INDUSTRIAL PERSONAL 824,203,388 N/A 824,203,388 824,203,388
M1 - MOBILE HOMES 2,138,250 N/A 2,138,250 2,138,250
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,081,960 N/A 3,081,960 3,081,960
S - SPECIAL INVENTORY 11,722,090 N/A 11,722,090 11,722,090
Subtotal 6,981,062,293 0 7,509,775,310 6,981,062,293
Less Total Deductions 1,105,413,962 0 1,199,341,469 1,105,413,962
Total Taxable Value 5,875,648,331 0 6,310,433,841 5,875,648,331

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
5,990,579,875 5,875,648,331 5,829,836,183 5,714,904,639


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
114,931,544 160,743,692


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
5,990,579,875 5,875,648,331 5,829,836,183 5,714,904,639

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 TWO OF THE GRACE PERIOD

084-906-02/Texas City ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 2,715,095,387 0.9032 3,006,084,352 2,715,095,387
B - MULTIFAMILY 191,404,096 N/A 191,404,096 191,404,096
C1 - VACANT LOTS 61,424,528 N/A 61,424,528 61,424,528
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 106,571 1.0270 103,772 106,571
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 24,552,443 N/A 24,552,443 24,552,443
F1 - COMMERCIAL REAL 317,993,488 0.6268 507,328,475 317,993,488
F2 - INDUSTRIAL REAL 2,418,410,920 N/A 2,418,410,920 2,418,410,920
G - ALL MINERALS 31,502 N/A 31,502 31,502
J - ALL UTILITIES 210,399,920 0.8206 256,397,660 210,399,920
L1 - COMMERCIAL PERSONAL 200,497,750 0.9882 202,891,874 200,497,750
L2 - INDUSTRIAL PERSONAL 824,203,388 N/A 824,203,388 824,203,388
M1 - MOBILE HOMES 2,138,250 N/A 2,138,250 2,138,250
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,081,960 N/A 3,081,960 3,081,960
S - SPECIAL INVENTORY 11,722,090 N/A 11,722,090 11,722,090
Subtotal 6,981,062,293 7,509,775,310 6,981,062,293
Less Total Deductions 1,105,413,962 1,199,341,469 1,105,413,962
Total Taxable Value 5,875,648,331 6,310,433,841 5,875,648,331

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
5,990,579,875 5,875,648,331 5,829,836,183 5,714,904,639


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
114,931,544 160,743,692


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
5,990,579,875 5,875,648,331 5,829,836,183 5,714,904,639

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