taxes Property Tax Assistance

2023 ISD Summary Worksheet

084-Galveston/Galveston County

084-906/Texas City ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 4,227,266,023 0.9830 4,300,372,353 4,227,266,023
B - MULTIFAMILY 347,584,350 0.8751 397,193,864 347,584,350
C1 - VACANT LOTS 92,331,601 N/A 92,331,601 92,331,601
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 102,321 0.8908 114,861 102,321
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 34,103,770 N/A 34,103,770 34,103,770
F1 - COMMERCIAL REAL 610,240,298 0.8710 700,620,319 610,240,298
F2 - INDUSTRIAL REAL 2,058,971,900 N/A 2,058,971,900 2,058,971,900
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 291,930,350 0.9531 306,295,614 291,930,350
L1 - COMMERCIAL PERSONAL 199,494,260 N/A 199,494,260 199,494,260
L2 - INDUSTRIAL PERSONAL 1,410,151,060 N/A 1,410,151,060 1,410,151,060
M1 - MOBILE HOMES 2,028,990 N/A 2,028,990 2,028,990
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,670,150 N/A 2,670,150 2,670,150
S - SPECIAL INVENTORY 9,451,190 N/A 9,451,190 9,451,190
Subtotal 9,286,326,263 0 9,513,799,932 9,286,326,263
Less Total Deductions 2,510,650,736 0 2,539,028,430 2,510,650,736
Total Taxable Value 6,775,675,527 0 6,974,771,502 6,775,675,527

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

Measure Value Description
T1 7,424,323,295 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 6,775,675,527 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 7,233,524,158 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,584,876,390 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 7,605,028,295 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 7,725,498,295 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 6,882,663,673 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 7,474,887,105 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 6,826,239,337 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 7,284,087,968 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 6,635,440,200 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 7,655,592,105 T13 plus the loss to the chapter 313 agreement
T16 7,776,062,105 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 6,933,227,483 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 648,647,768 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 190,799,137 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 180,705,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 120,470,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

084-906-02/Texas City ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 4,227,266,023 0.9830 4,300,372,353 4,227,266,023
B - MULTIFAMILY 347,584,350 0.8751 397,193,864 347,584,350
C1 - VACANT LOTS 92,331,601 N/A 92,331,601 92,331,601
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 102,321 0.8908 114,861 102,321
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 34,103,770 N/A 34,103,770 34,103,770
F1 - COMMERCIAL REAL 610,240,298 0.8710 700,620,319 610,240,298
F2 - INDUSTRIAL REAL 2,058,971,900 N/A 2,058,971,900 2,058,971,900
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 291,930,350 0.9531 306,295,614 291,930,350
L1 - COMMERCIAL PERSONAL 199,494,260 N/A 199,494,260 199,494,260
L2 - INDUSTRIAL PERSONAL 1,410,151,060 N/A 1,410,151,060 1,410,151,060
M1 - MOBILE HOMES 2,028,990 N/A 2,028,990 2,028,990
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,670,150 N/A 2,670,150 2,670,150
S - SPECIAL INVENTORY 9,451,190 N/A 9,451,190 9,451,190
Subtotal 9,286,326,263 9,513,799,932 9,286,326,263
Less Total Deductions 2,510,650,736 2,539,028,430 2,510,650,736
Total Taxable Value 6,775,675,527 6,974,771,502 6,775,675,527

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

Measure Value Description
T1 7,424,323,295 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 6,775,675,527 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 7,233,524,158 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,584,876,390 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 7,605,028,295 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 7,725,498,295 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 6,882,663,673 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 7,474,887,105 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 6,826,239,337 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 7,284,087,968 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 6,635,440,200 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 7,655,592,105 T13 plus the loss to the chapter 313 agreement
T16 7,776,062,105 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 6,933,227,483 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 648,647,768 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 190,799,137 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 180,705,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 120,470,000 Loss to Second Previous Homestead Increase