taxes Property Tax Assistance

2019 ISD Summary Worksheet

084-Galveston

084-908/Hitchcock ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 700,090,326 0.9621 727,668,980 700,090,326
B. MULTIFAMILY RESIDENCES 9,050,165 N/A 9,050,165 9,050,165
C1. VACANT LOTS 47,542,283 0.9492 50,086,687 47,542,283
D1. QUALIFIED AG LAND 1,163,280 1.2802 908,689 1,163,280
E. REAL PROP NONQUAL ACREAGE 19,484,597 N/A 19,484,597 19,484,597
F1. COMMERCIAL REAL 66,913,821 0.6008 111,374,536 66,913,821
F2. INDUSTRIAL REAL 793,230 N/A 793,230 793,230
G. OIL,GAS,MINERALS 1,042,313 N/A 1,042,313 1,042,313
J. UTILITIES 41,106,210 N/A 41,106,210 41,106,210
L1. COMMERCIAL PERSONAL 39,418,270 N/A 39,418,270 39,418,270
L2. INDUSTRIAL PERSONAL 4,202,500 N/A 4,202,500 4,202,500
M. MOBILE HOMES 2,631,710 N/A 2,631,710 2,631,710
O. RESIDENTIAL INVENTORY 4,999,760 N/A 4,999,760 4,999,760
S. SPECIAL INVENTORY 2,994,710 N/A 2,994,710 2,994,710
Subtotal 941,433,175 0 1,015,762,357 941,433,175
Less Total Deductions 147,935,609 0 155,130,087 147,935,609
Total Taxable Value 793,497,566 0 860,632,270 793,497,566

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
816,820,264 793,497,566 816,820,264 793,497,566


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,322,698 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
816,820,264 793,497,566 816,820,264 793,497,566

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

084-908-02/Hitchcock ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 700,090,326 0.9621 727,668,980 700,090,326
B. MULTIFAMILY RESIDENCES 9,050,165 N/A 9,050,165 9,050,165
C1. VACANT LOTS 47,542,283 0.9492 50,086,687 47,542,283
D1. QUALIFIED AG LAND 1,163,280 1.2802 908,689 1,163,280
E. REAL PROP NONQUAL ACREAGE 19,484,597 N/A 19,484,597 19,484,597
F1. COMMERCIAL REAL 66,913,821 0.6008 111,374,536 66,913,821
F2. INDUSTRIAL REAL 793,230 N/A 793,230 793,230
G. OIL,GAS,MINERALS 1,042,313 N/A 1,042,313 1,042,313
J. UTILITIES 41,106,210 N/A 41,106,210 41,106,210
L1. COMMERCIAL PERSONAL 39,418,270 N/A 39,418,270 39,418,270
L2. INDUSTRIAL PERSONAL 4,202,500 N/A 4,202,500 4,202,500
M. MOBILE HOMES 2,631,710 N/A 2,631,710 2,631,710
O. RESIDENTIAL INVENTORY 4,999,760 N/A 4,999,760 4,999,760
S. SPECIAL INVENTORY 2,994,710 N/A 2,994,710 2,994,710
Subtotal 941,433,175 1,015,762,357 941,433,175
Less Total Deductions 147,935,609 155,130,087 147,935,609
Total Taxable Value 793,497,566 860,632,270 793,497,566

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
816,820,264 793,497,566 816,820,264 793,497,566


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
23,322,698 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
816,820,264 793,497,566 816,820,264 793,497,566

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