taxes Property Tax Assistance

2017 ISD Summary Worksheet

084/Galveston

084-906/Texas City ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 2,128,173,118 .9563 2,225,424,154 2,128,173,118
B. Multi-Family Residences 126,729,629 N/A 126,729,629 126,729,629
C1. Vacant Lots 55,608,792 N/A 55,608,792 55,608,792
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 102,641 1.2634 81,242 102,641
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 23,904,914 N/A 23,904,914 23,904,914
F1. Commercial Real 256,506,199 .9754 262,975,394 256,506,199
F2. Industrial Real 2,021,783,657 N/A 2,021,783,657 2,021,783,657
G. Oil, Gas, Minerals 340,778 N/A 340,778 340,778
J. Utilities 208,517,058 .8876 234,922,328 208,517,058
L1. Commercial Personal 193,439,610 1.0247 188,776,822 193,439,610
L2. Industrial Personal 710,825,760 N/A 710,825,760 710,825,760
M. Other Personal 2,387,270 N/A 2,387,270 2,387,270
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 5,196,910 N/A 5,196,910 5,196,910
S. Special Inventory 5,927,630 N/A 5,927,630 5,927,630
Subtotal 5,739,443,966 5,864,885,280 5,739,443,966
Less Total Deductions 928,707,294   957,194,181 928,707,294
Total Taxable Value 4,810,736,672 4,907,691,099 4,810,736,672 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
4,926,600,117 4,810,736,672 4,795,515,119 4,679,651,674


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
115,863,445 131,084,998


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
4,926,600,117 4,810,736,672 4,795,515,119 4,679,651,674

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