taxes Property Tax Assistance

2018 ISD Summary Worksheet

101/Harris

101-910/Galena Park ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,951,348,131 N/A 1,951,348,131 1,951,348,131
B. Multi-Family Residences 328,140,180 N/A 328,140,180 328,140,180
C1. Vacant Lots 78,836,246 N/A 78,836,246 78,836,246
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 59,491 N/A 59,491 59,491
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 22,405,199 N/A 22,405,199 22,405,199
F1. Commercial Real 679,092,889 N/A 679,092,889 679,092,889
F2. Industrial Real 2,564,868,354 N/A 2,564,868,354 2,564,868,354
G. Oil, Gas, Minerals 9,964,040 N/A 9,964,040 9,964,040
J. Utilities 133,147,783 N/A 133,147,783 133,147,783
L1. Commercial Personal 604,011,960 N/A 604,011,960 604,011,960
L2. Industrial Personal 3,177,329,752 N/A 3,177,329,752 3,177,329,752
M. Other Personal 10,000,316 N/A 10,000,316 10,000,316
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 7,500 N/A 7,500 7,500
S. Special Inventory 2,766,306 N/A 2,766,306 2,766,306
Subtotal 9,561,978,147 9,561,978,147 9,561,978,147
Less Total Deductions 852,438,892   852,438,892 852,438,892
Total Taxable Value 8,709,539,255 8,709,539,255 8,709,539,255 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
8,832,055,014 8,709,539,255 8,702,234,580 8,579,718,821


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
122,515,759 129,820,434


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
8,832,055,014 8,709,539,255 8,702,234,580 8,579,718,821

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