taxes Property Tax Assistance

2018 ISD Summary Worksheet

084/Galveston

084-906/Texas City ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 2,153,522,909 N/A 2,153,522,909 2,153,522,909
B. Multi-Family Residences 128,815,574 N/A 128,815,574 128,815,574
C1. Vacant Lots 55,785,004 N/A 55,785,004 55,785,004
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 107,051 N/A 107,051 107,051
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 23,091,385 N/A 23,091,385 23,091,385
F1. Commercial Real 259,398,925 N/A 259,398,925 259,398,925
F2. Industrial Real 2,145,082,306 N/A 2,145,082,306 2,145,082,306
G. Oil, Gas, Minerals 102,993 N/A 102,993 102,993
J. Utilities 181,707,636 N/A 181,707,636 181,707,636
L1. Commercial Personal 201,989,480 N/A 201,989,480 201,989,480
L2. Industrial Personal 874,582,864 N/A 874,582,864 874,582,864
M. Other Personal 2,468,430 N/A 2,468,430 2,468,430
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,548,365 N/A 4,548,365 4,548,365
S. Special Inventory 8,346,790 N/A 8,346,790 8,346,790
Subtotal 6,039,549,712 6,039,549,712 6,039,549,712
Less Total Deductions 906,218,026   906,218,026 906,218,026
Total Taxable Value 5,133,331,686 5,133,331,686 5,133,331,686 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
5,249,649,002 5,133,331,686 5,111,722,747 4,995,405,431


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
116,317,316 137,926,255


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
5,249,649,002 5,133,331,686 5,111,722,747 4,995,405,431

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