taxes Property Tax Assistance

2017 ISD Summary Worksheet

101/Harris

101-910/Galena Park ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,925,820,475 .9708 1,983,745,854 1,925,820,475
B. Multi-Family Residences 279,779,600 .8178 342,112,497 279,779,600
C1. Vacant Lots 68,725,174 N/A 68,725,174 68,725,174
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 64,042 .8391 76,320 64,042
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 21,360,074 N/A 21,360,074 21,360,074
F1. Commercial Real 666,159,284 .8822 755,111,408 666,159,284
F2. Industrial Real 2,504,870,242 N/A 2,504,870,242 2,504,870,242
G. Oil, Gas, Minerals 10,031,890 N/A 10,031,890 10,031,890
J. Utilities 129,731,323 N/A 129,731,323 129,731,323
L1. Commercial Personal 661,270,254 1.0591 624,369,988 661,270,254
L2. Industrial Personal 3,055,688,588 N/A 3,055,688,588 3,055,688,588
M. Other Personal 9,804,942 N/A 9,804,942 9,804,942
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 2,632,963 N/A 2,632,963 2,632,963
Subtotal 9,335,938,851 9,508,261,263 9,335,938,851
Less Total Deductions 960,723,650   974,672,874 960,723,650
Total Taxable Value 8,375,215,201 8,533,588,389 8,375,215,201 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
8,499,571,168 8,375,215,201 8,374,055,353 8,249,699,386


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
124,355,967 125,515,815


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
8,499,571,168 8,375,215,201 8,374,055,353 8,249,699,386

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