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