taxes Property Tax Assistance

2022 ISD Summary Worksheet

101-Harris /Harris County

101-910/Galena Park ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	3,457,127,093	N/A	3,457,127,093	3,457,127,093
B - MULTIFAMILY	536,603,571	N/A	536,603,571	536,603,571
C1 - VACANT LOTS	109,900,197	N/A	109,900,197	109,900,197
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	17,118	N/A	17,118	17,118
D2 - FARM & RANCH IMP	0	N/A	0	0
E - NON-AG LAND AND IMPROVEMENTS	32,415,111	N/A	32,415,111	32,415,111
F1 - COMMERCIAL REAL	934,620,335	N/A	934,620,335	934,620,335
F2 - INDUSTRIAL REAL	4,186,370,808	N/A	4,186,370,808	4,186,370,808
G - ALL MINERALS	3,560,030	N/A	3,560,030	3,560,030
J - ALL UTILITIES	212,720,148	N/A	212,720,148	212,720,148
L1 - COMMERCIAL PERSONAL	488,014,831	N/A	488,014,831	488,014,831
L2 - INDUSTRIAL PERSONAL	3,916,426,122	N/A	3,916,426,122	3,916,426,122
M1 - MOBILE HOMES	12,231,892	N/A	12,231,892	12,231,892
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	5,311,795	N/A	5,311,795	5,311,795
Subtotal	13,895,319,051	0	13,895,319,051	13,895,319,051
Less Total Deductions	1,510,647,800	0	1,510,647,800	1,510,647,800
Total Taxable Value	12,384,671,251	0	12,384,671,251	12,384,671,251

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	T13
12,566,265,905	12,384,671,251	12,380,215,320	12,198,620,666	12,691,265,905

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
181,594,654	186,050,585	125,000,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
12,566,265,905	12,384,671,251	12,380,215,320	12,198,620,666	12,691,265,905

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

101-910-02/Galena Park ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	3,457,127,093	N/A	3,457,127,093	3,457,127,093
B - MULTIFAMILY	536,603,571	N/A	536,603,571	536,603,571
C1 - VACANT LOTS	109,900,197	N/A	109,900,197	109,900,197
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	17,118	N/A	17,118	17,118
D2 - FARM & RANCH IMP	0	N/A	0	0
E - NON-AG LAND AND IMPROVEMENTS	32,415,111	N/A	32,415,111	32,415,111
F1 - COMMERCIAL REAL	934,620,335	N/A	934,620,335	934,620,335
F2 - INDUSTRIAL REAL	4,186,370,808	N/A	4,186,370,808	4,186,370,808
G - ALL MINERALS	3,560,030	N/A	3,560,030	3,560,030
J - ALL UTILITIES	212,720,148	N/A	212,720,148	212,720,148
L1 - COMMERCIAL PERSONAL	488,014,831	N/A	488,014,831	488,014,831
L2 - INDUSTRIAL PERSONAL	3,916,426,122	N/A	3,916,426,122	3,916,426,122
M1 - MOBILE HOMES	12,231,892	N/A	12,231,892	12,231,892
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	5,311,795	N/A	5,311,795	5,311,795
Subtotal	13,895,319,051		13,895,319,051	13,895,319,051
Less Total Deductions	1,510,647,800		1,510,647,800	1,510,647,800
Total Taxable Value	12,384,671,251		12,384,671,251	12,384,671,251

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	T13
12,566,265,905	12,384,671,251	12,380,215,320	12,198,620,666	12,691,265,905

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
181,594,654	186,050,585	125,000,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
12,566,265,905	12,384,671,251	12,380,215,320	12,198,620,666	12,691,265,905

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement