taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

084/Galveston

084-902/Galveston ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 4,437,879,102 N/A 4,437,879,102 4,437,879,102
B. Multi-Family Residences 240,575,447 N/A 240,575,447 240,575,447
C1. Vacant Lots 382,001,381 N/A 382,001,381 382,001,381
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 410,834 N/A 410,834 410,834
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 27,297,749 N/A 27,297,749 27,297,749
F1. Commercial Real 564,578,938 N/A 564,578,938 564,578,938
F2. Industrial Real 53,141,669 N/A 53,141,669 53,141,669
G. Oil, Gas, Minerals 6,451,842 N/A 6,451,842 6,451,842
J. Utilities 116,142,950 N/A 116,142,950 116,142,950
L1. Commercial Personal 233,592,144 N/A 233,592,144 233,592,144
L2. Industrial Personal 173,049,259 N/A 173,049,259 173,049,259
M. Other Personal 110,080 N/A 110,080 110,080
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 37,125,950 N/A 37,125,950 37,125,950
S. Special Inventory 6,604,850 N/A 6,604,850 6,604,850
Subtotal 6,278,962,195 6,278,962,195 6,278,962,195
Less Total Deductions 554,273,244   554,273,244 554,273,244
Total Taxable Value 5,724,688,951 5,724,688,951 5,724,688,951 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
5,823,585,460 5,724,688,951 5,677,397,697 5,578,501,188 5,725,624,709 5,579,436,946


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
98,896,509 146,187,763


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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
5,823,585,460 5,724,688,951 5,677,397,697 5,578,501,188 5,725,624,709 5,579,436,946

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified