taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

084/Galveston

084-904/La Marque ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,049,123,688 .9451 1,110,066,329 1,049,123,688
B. Multi-Family Residences 84,159,925 .9900 85,010,025 84,159,925
C1. Vacant Lots 44,652,553 N/A 44,652,553 44,652,553
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 87,330 1.1564 75,517 87,330
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 5,169,855 N/A 5,169,855 5,169,855
F1. Commercial Real 165,176,268 .9421 175,327,744 165,176,268
F2. Industrial Real 195,831,406 N/A 195,831,406 195,831,406
G. Oil, Gas, Minerals 1,208,721 N/A 1,208,721 1,208,721
J. Utilities 72,433,643 N/A 72,433,643 72,433,643
L1. Commercial Personal 129,632,256 1.0163 127,553,140 129,632,256
L2. Industrial Personal 33,478,810 N/A 33,478,810 33,478,810
M. Other Personal 1,865,594 N/A 1,865,594 1,865,594
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,044,530 N/A 2,044,530 2,044,530
S. Special Inventory 1,339,140 N/A 1,339,140 1,339,140
Subtotal 1,786,203,719 1,856,057,007 1,786,203,719
Less Total Deductions 268,214,210   286,257,481 268,214,210
Total Taxable Value 1,517,989,509 1,569,799,526 1,517,989,509 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
1,577,384,158 1,517,989,509 1,577,384,158 1,517,989,509


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
59,394,649 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
1,577,384,158 1,517,989,509 1,577,384,158 1,517,989,509

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