taxes Property Tax Assistance

2016 ISD Summary Worksheet

084/Galveston

084-902/Galveston ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 5,940,237,164 .9482 6,264,751,280 5,940,237,164
B. Multi-Family Residences 330,513,460 .9819 336,606,029 330,513,460
C1. Vacant Lots 428,238,215 .9433 453,978,814 428,238,215
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 385,013 1.0961 351,252 385,013
D2. Real Prop Farm & Ranch 2,390 N/A 2,390 2,390
E. Real Prop NonQual Acres 31,490,486 N/A 31,490,486 31,490,486
F1. Commercial Real 646,785,906 .9811 659,245,649 646,785,906
F2. Industrial Real 41,728,952 N/A 41,728,952 41,728,952
G. Oil, Gas, Minerals 28,445,903 N/A 28,445,903 28,445,903
J. Utilities 119,243,640 N/A 119,243,640 119,243,640
L1. Commercial Personal 226,573,385 N/A 226,573,385 226,573,385
L2. Industrial Personal 151,015,166 N/A 151,015,166 151,015,166
M. Other Personal 130,080 N/A 130,080 130,080
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 35,820,940 N/A 35,820,940 35,820,940
S. Special Inventory 9,102,320 N/A 9,102,320 9,102,320
Subtotal 7,989,713,020 8,358,486,286 7,989,713,020
Less Total Deductions 962,510,369   1,024,969,488 962,510,369
Total Taxable Value 7,027,202,651 7,333,516,798 7,027,202,651 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
7,128,473,328 7,027,202,651 6,946,254,194 6,844,983,517


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
101,270,677 182,219,134


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
7,128,473,328 7,027,202,651 6,946,254,194 6,844,983,517

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