taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

020/Brazoria

084-911/Friendswood ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 1,436,250 N/A 1,436,250 1,436,250
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 7,320 N/A 7,320 7,320
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 0 N/A 0 0
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 0 N/A 0 0
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 0 N/A 0 0
L1. Commercial Personal 2,820 N/A 2,820 2,820
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 1,446,390 1,446,390 1,446,390
Less Total Deductions 133,644   133,644 133,644
Total Taxable Value 1,312,746 1,312,746 1,312,746 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
1,337,746 1,312,746 1,337,746 1,312,746 1,312,746 1,312,746


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
25,000 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

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
1,337,746 1,312,746 1,337,746 1,312,746 1,312,746 1,312,746

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

084/Galveston

084-911/Friendswood ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 2,262,549,457 .8911 2,539,052,247 2,262,549,457
B. Multi-Family Residences 19,546,910 N/A 19,546,910 19,546,910
C1. Vacant Lots 40,278,820 N/A 40,278,820 40,278,820
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 76,767 .9183 83,594 76,767
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 20,160,634 N/A 20,160,634 20,160,634
F1. Commercial Real 151,204,215 1.0035 150,676,846 151,204,215
F2. Industrial Real 828,712 N/A 828,712 828,712
G. Oil, Gas, Minerals 6,689,820 N/A 6,689,820 6,689,820
J. Utilities 31,794,419 N/A 31,794,419 31,794,419
L1. Commercial Personal 41,633,933 N/A 41,633,933 41,633,933
L2. Industrial Personal 789,670 N/A 789,670 789,670
M. Other Personal 758,990 N/A 758,990 758,990
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,858,810 N/A 4,858,810 4,858,810
S. Special Inventory 339,740 N/A 339,740 339,740
Subtotal 2,581,510,897 2,857,493,145 2,581,510,897
Less Total Deductions 248,984,466   297,732,238 248,984,466
Total Taxable Value 2,332,526,431 2,559,760,907 2,332,526,431 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
2,409,763,949 2,332,526,431 2,409,763,949 2,332,526,431 2,362,103,534 2,362,103,534


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
77,237,518 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

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
2,409,763,949 2,332,526,431 2,409,763,949 2,332,526,431 2,362,103,534 2,362,103,534

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 invalid, but local value was certified because your school district is in year two of the grace period.

084-911/Friendswood ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 2,263,985,707 .8912 2,540,488,497 2,263,985,707
B. Multi-Family Residences 19,546,910 N/A 19,546,910 19,546,910
C1. Vacant Lots 40,286,140 N/A 40,286,140 40,286,140
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 76,767 .9183 83,594 76,767
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 20,160,634 N/A 20,160,634 20,160,634
F1. Commercial Real 151,204,215 1.0035 150,676,846 151,204,215
F2. Industrial Real 828,712 N/A 828,712 828,712
G. Oil, Gas, Minerals 6,689,820 N/A 6,689,820 6,689,820
J. Utilities 31,794,419 N/A 31,794,419 31,794,419
L1. Commercial Personal 41,636,753 N/A 41,636,753 41,636,753
L2. Industrial Personal 789,670 N/A 789,670 789,670
M. Other Personal 758,990 N/A 758,990 758,990
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,858,810 N/A 4,858,810 4,858,810
S. Special Inventory 339,740 N/A 339,740 339,740
Subtotal 2,582,957,287 2,858,939,535 2,582,957,287
Less Total Deductions 249,118,110   297,865,882 249,118,110
Total Taxable Value 2,333,839,177 2,561,073,653 2,333,839,177 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