taxes Property Tax Assistance

2016 ISD Summary Worksheet

084/Galveston

084-903/High Island ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 51,842,729 N/A 51,842,729 51,842,729
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 21,443,820 N/A 21,443,820 21,443,820
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 125,019 N/A 125,019 125,019
D2. Real Prop Farm & Ranch 44,740 N/A 44,740 44,740
E. Real Prop NonQual Acres 5,351,631 N/A 5,351,631 5,351,631
F1. Commercial Real 2,602,920 N/A 2,602,920 2,602,920
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 13,862,768 N/A 13,862,768 13,862,768
J. Utilities 4,634,603 N/A 4,634,603 4,634,603
L1. Commercial Personal 1,023,532 N/A 1,023,532 1,023,532
L2. Industrial Personal 632,635 N/A 632,635 632,635
M. Other Personal 153,630 N/A 153,630 153,630
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 676,000 N/A 676,000 676,000
S. Special Inventory 0 N/A 0 0
Subtotal 102,394,027 102,394,027 102,394,027
Less Total Deductions 6,167,601   6,167,601 6,167,601
Total Taxable Value 96,226,426 96,226,426 96,226,426 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
97,415,237 96,226,426 97,048,547 95,859,736


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,188,811 366,690


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
97,415,237 96,226,426 97,048,547 95,859,736

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