taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

084/Galveston

084-903/High Island ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 45,287,989 .9273 48,838,552 45,287,989
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 12,766,210 1.0382 12,296,484 12,766,210
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 173,979 1.0656 163,266 173,979
D2. Real Prop Farm & Ranch 47,410 N/A 47,410 47,410
E. Real Prop NonQual Acres 5,385,511 N/A 5,385,511 5,385,511
F1. Commercial Real 2,285,450 N/A 2,285,450 2,285,450
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 14,164,193 1.0553 13,421,959 14,164,193
J. Utilities 4,459,634 N/A 4,459,634 4,459,634
L1. Commercial Personal 785,333 N/A 785,333 785,333
L2. Industrial Personal 622,767 N/A 622,767 622,767
M. Other Personal 157,870 N/A 157,870 157,870
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 698,760 N/A 698,760 698,760
S. Special Inventory 0 N/A 0 0
Subtotal 86,835,106 89,162,996 86,835,106
Less Total Deductions 6,160,845   6,667,103 6,160,845
Total Taxable Value 80,674,261 82,495,893 80,674,261 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
81,833,637 80,674,261 81,510,624 80,351,248


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,159,376 323,013


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
81,833,637 80,674,261 81,510,624 80,351,248

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 to be valid, and local value was certified