taxes Property Tax Assistance

2020 ISD Summary Worksheet

084-Galveston

084-902/Galveston ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 7,439,970,313 0.9663 7,699,441,491 7,439,970,313
B - MULTIFAMILY 474,937,232 0.8675 547,478,077 474,937,232
C1 - VACANT LOTS 429,802,231 0.8489 506,304,902 429,802,231
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 300,771 1.0163 295,961 300,771
D2 - FARM & RANCH IMP 2,390 N/A 2,390 2,390
E - NON-AG LAND AND IMPROVEMENTS 31,549,492 N/A 31,549,492 31,549,492
F1 - COMMERCIAL REAL 870,838,169 0.6877 1,266,305,321 870,838,169
F2 - INDUSTRIAL REAL 96,748,900 N/A 96,748,900 96,748,900
G - ALL MINERALS 11,042,456 N/A 11,042,456 11,042,456
J - ALL UTILITIES 134,912,800 N/A 134,912,800 134,912,800
L1 - COMMERCIAL PERSONAL 256,292,007 N/A 256,292,007 256,292,007
L2 - INDUSTRIAL PERSONAL 106,409,580 N/A 106,409,580 106,409,580
M1 - MOBILE HOMES 135,141 N/A 135,141 135,141
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 27,239,730 N/A 27,239,730 27,239,730
S - SPECIAL INVENTORY 10,635,390 N/A 10,635,390 10,635,390
Subtotal 9,890,816,602 0 10,694,793,638 9,890,816,602
Less Total Deductions 1,099,430,303 0 1,152,247,085 1,099,430,303
Total Taxable Value 8,791,386,299 0 9,542,546,553 8,791,386,299

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
8,898,154,392 8,791,386,299 8,648,641,232 8,541,873,139


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
106,768,093 249,513,160


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
8,898,154,392 8,791,386,299 8,648,641,232 8,541,873,139

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 TWO OF THE GRACE PERIOD

084-902-02/Galveston ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 7,439,970,313 0.9663 7,699,441,491 7,439,970,313
B - MULTIFAMILY 474,937,232 0.8675 547,478,077 474,937,232
C1 - VACANT LOTS 429,802,231 0.8489 506,304,902 429,802,231
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 300,771 1.0163 295,961 300,771
D2 - FARM & RANCH IMP 2,390 N/A 2,390 2,390
E - NON-AG LAND AND IMPROVEMENTS 31,549,492 N/A 31,549,492 31,549,492
F1 - COMMERCIAL REAL 870,838,169 0.6877 1,266,305,321 870,838,169
F2 - INDUSTRIAL REAL 96,748,900 N/A 96,748,900 96,748,900
G - ALL MINERALS 11,042,456 N/A 11,042,456 11,042,456
J - ALL UTILITIES 134,912,800 N/A 134,912,800 134,912,800
L1 - COMMERCIAL PERSONAL 256,292,007 N/A 256,292,007 256,292,007
L2 - INDUSTRIAL PERSONAL 106,409,580 N/A 106,409,580 106,409,580
M1 - MOBILE HOMES 135,141 N/A 135,141 135,141
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 27,239,730 N/A 27,239,730 27,239,730
S - SPECIAL INVENTORY 10,635,390 N/A 10,635,390 10,635,390
Subtotal 9,890,816,602 10,694,793,638 9,890,816,602
Less Total Deductions 1,099,430,303 1,152,247,085 1,099,430,303
Total Taxable Value 8,791,386,299 9,542,546,553 8,791,386,299

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
8,898,154,392 8,791,386,299 8,648,641,232 8,541,873,139


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
106,768,093 249,513,160


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
8,898,154,392 8,791,386,299 8,648,641,232 8,541,873,139

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