taxes Property Tax Assistance

2021 ISD Summary Worksheet

178-Nueces /Nueces County

178-906/London ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 477,214,019 0.8988 530,945,727 477,214,019
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 16,283,308 N/A 16,283,308 16,283,308
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,013,535 0.9657 18,652,545 18,013,535
D2 - FARM & RANCH IMP 2,139,381 N/A 2,139,381 2,139,381
E - NON-AG LAND AND IMPROVEMENTS 43,039,076 1.0574 40,702,739 43,039,076
F1 - COMMERCIAL REAL 6,506,356 N/A 6,506,356 6,506,356
F2 - INDUSTRIAL REAL 157,010,281 N/A 157,010,281 157,010,281
G - ALL MINERALS 1,639,120 N/A 1,639,120 1,639,120
J - ALL UTILITIES 21,490,230 N/A 21,490,230 21,490,230
L1 - COMMERCIAL PERSONAL 6,310,957 N/A 6,310,957 6,310,957
L2 - INDUSTRIAL PERSONAL 2,255,559 N/A 2,255,559 2,255,559
M1 - MOBILE HOMES 434,085 N/A 434,085 434,085
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 11,352,371 N/A 11,352,371 11,352,371
S - SPECIAL INVENTORY 96,534 N/A 96,534 96,534
Subtotal 763,784,812 0 815,819,193 763,784,812
Less Total Deductions 55,064,264 0 62,626,362 55,064,264
Total Taxable Value 708,720,548 0 753,192,831 708,720,548

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
717,165,549 708,720,548 717,165,549 708,720,548


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,445,001 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
717,165,549 708,720,548 717,165,549 708,720,548

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

178-906-02/London ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 477,214,019 0.8988 530,945,727 477,214,019
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 16,283,308 N/A 16,283,308 16,283,308
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,013,535 0.9657 18,652,545 18,013,535
D2 - FARM & RANCH IMP 2,139,381 N/A 2,139,381 2,139,381
E - NON-AG LAND AND IMPROVEMENTS 43,039,076 1.0574 40,702,739 43,039,076
F1 - COMMERCIAL REAL 6,506,356 N/A 6,506,356 6,506,356
F2 - INDUSTRIAL REAL 157,010,281 N/A 157,010,281 157,010,281
G - ALL MINERALS 1,639,120 N/A 1,639,120 1,639,120
J - ALL UTILITIES 21,490,230 N/A 21,490,230 21,490,230
L1 - COMMERCIAL PERSONAL 6,310,957 N/A 6,310,957 6,310,957
L2 - INDUSTRIAL PERSONAL 2,255,559 N/A 2,255,559 2,255,559
M1 - MOBILE HOMES 434,085 N/A 434,085 434,085
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 11,352,371 N/A 11,352,371 11,352,371
S - SPECIAL INVENTORY 96,534 N/A 96,534 96,534
Subtotal 763,784,812 815,819,193 763,784,812
Less Total Deductions 55,064,264 62,626,362 55,064,264
Total Taxable Value 708,720,548 753,192,831 708,720,548

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
717,165,549 708,720,548 717,165,549 708,720,548


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
8,445,001 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
717,165,549 708,720,548 717,165,549 708,720,548

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