taxes Property Tax Assistance

2020 ISD Summary Worksheet

178-Nueces

178-906/London ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	406,875,741	0.9418	432,019,262	406,875,741
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	16,408,148	N/A	16,408,148	16,408,148
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	16,882,249	0.9582	17,617,802	16,882,249
D2 - FARM & RANCH IMP	1,714,848	N/A	1,714,848	1,714,848
E - NON-AG LAND AND IMPROVEMENTS	39,103,118	0.9364	41,758,990	39,103,118
F1 - COMMERCIAL REAL	4,846,202	N/A	4,846,202	4,846,202
F2 - INDUSTRIAL REAL	171,332,325	N/A	171,332,325	171,332,325
G - ALL MINERALS	1,091,560	N/A	1,091,560	1,091,560
J - ALL UTILITIES	19,754,400	N/A	19,754,400	19,754,400
L1 - COMMERCIAL PERSONAL	8,456,400	N/A	8,456,400	8,456,400
L2 - INDUSTRIAL PERSONAL	2,095,304	N/A	2,095,304	2,095,304
M1 - MOBILE HOMES	451,128	N/A	451,128	451,128
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	12,495,047	N/A	12,495,047	12,495,047
S - SPECIAL INVENTORY	85,009	N/A	85,009	85,009
Subtotal	701,591,479	0	730,126,425	701,591,479
Less Total Deductions	44,138,719	0	47,743,353	44,138,719
Total Taxable Value	657,452,760	0	682,383,072	657,452,760

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
665,240,261	657,452,760	665,240,261	657,452,760

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
7,787,501	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
665,240,261	657,452,760	665,240,261	657,452,760

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

178-906-02/London ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	406,875,741	0.9418	432,019,262	406,875,741
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	16,408,148	N/A	16,408,148	16,408,148
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	16,882,249	0.9582	17,617,802	16,882,249
D2 - FARM & RANCH IMP	1,714,848	N/A	1,714,848	1,714,848
E - NON-AG LAND AND IMPROVEMENTS	39,103,118	0.9364	41,758,990	39,103,118
F1 - COMMERCIAL REAL	4,846,202	N/A	4,846,202	4,846,202
F2 - INDUSTRIAL REAL	171,332,325	N/A	171,332,325	171,332,325
G - ALL MINERALS	1,091,560	N/A	1,091,560	1,091,560
J - ALL UTILITIES	19,754,400	N/A	19,754,400	19,754,400
L1 - COMMERCIAL PERSONAL	8,456,400	N/A	8,456,400	8,456,400
L2 - INDUSTRIAL PERSONAL	2,095,304	N/A	2,095,304	2,095,304
M1 - MOBILE HOMES	451,128	N/A	451,128	451,128
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	12,495,047	N/A	12,495,047	12,495,047
S - SPECIAL INVENTORY	85,009	N/A	85,009	85,009
Subtotal	701,591,479		730,126,425	701,591,479
Less Total Deductions	44,138,719		47,743,353	44,138,719
Total Taxable Value	657,452,760		682,383,072	657,452,760

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
665,240,261	657,452,760	665,240,261	657,452,760

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
7,787,501	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
665,240,261	657,452,760	665,240,261	657,452,760

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