taxes Property Tax Assistance

2020 ISD Summary Worksheet

084-Galveston

084-908/Hitchcock ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 785,370,163 0.9798 801,561,710 785,370,163
B - MULTIFAMILY 18,286,190 N/A 18,286,190 18,286,190
C1 - VACANT LOTS 53,097,863 0.7936 66,907,589 53,097,863
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,504,749 1.2402 1,213,338 1,504,749
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 20,126,737 N/A 20,126,737 20,126,737
F1 - COMMERCIAL REAL 85,333,668 0.6001 142,199,080 85,333,668
F2 - INDUSTRIAL REAL 1,031,370 N/A 1,031,370 1,031,370
G - ALL MINERALS 1,338,503 N/A 1,338,503 1,338,503
J - ALL UTILITIES 40,983,800 N/A 40,983,800 40,983,800
L1 - COMMERCIAL PERSONAL 39,455,440 N/A 39,455,440 39,455,440
L2 - INDUSTRIAL PERSONAL 4,130,740 N/A 4,130,740 4,130,740
M1 - MOBILE HOMES 2,724,680 N/A 2,724,680 2,724,680
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 4,833,730 N/A 4,833,730 4,833,730
S - SPECIAL INVENTORY 3,131,370 N/A 3,131,370 3,131,370
Subtotal 1,061,349,003 0 1,147,924,277 1,061,349,003
Less Total Deductions 158,357,781 0 162,711,175 158,357,781
Total Taxable Value 902,991,222 0 985,213,102 902,991,222

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
927,049,676 902,991,222 927,049,676 902,991,222


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,058,454 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
927,049,676 902,991,222 927,049,676 902,991,222

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

084-908-02/Hitchcock ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 785,370,163 0.9798 801,561,710 785,370,163
B - MULTIFAMILY 18,286,190 N/A 18,286,190 18,286,190
C1 - VACANT LOTS 53,097,863 0.7936 66,907,589 53,097,863
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,504,749 1.2402 1,213,338 1,504,749
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 20,126,737 N/A 20,126,737 20,126,737
F1 - COMMERCIAL REAL 85,333,668 0.6001 142,199,080 85,333,668
F2 - INDUSTRIAL REAL 1,031,370 N/A 1,031,370 1,031,370
G - ALL MINERALS 1,338,503 N/A 1,338,503 1,338,503
J - ALL UTILITIES 40,983,800 N/A 40,983,800 40,983,800
L1 - COMMERCIAL PERSONAL 39,455,440 N/A 39,455,440 39,455,440
L2 - INDUSTRIAL PERSONAL 4,130,740 N/A 4,130,740 4,130,740
M1 - MOBILE HOMES 2,724,680 N/A 2,724,680 2,724,680
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 4,833,730 N/A 4,833,730 4,833,730
S - SPECIAL INVENTORY 3,131,370 N/A 3,131,370 3,131,370
Subtotal 1,061,349,003 1,147,924,277 1,061,349,003
Less Total Deductions 158,357,781 162,711,175 158,357,781
Total Taxable Value 902,991,222 985,213,102 902,991,222

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
927,049,676 902,991,222 927,049,676 902,991,222


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
24,058,454 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
927,049,676 902,991,222 927,049,676 902,991,222

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