taxes Property Tax Assistance

2022 ISD Summary Worksheet

178-Nueces/Nueces County

178-906/London ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 630,306,186 0.9767 645,342,670 630,306,186
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 21,836,704 N/A 21,836,704 21,836,704
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,805,757 1.0038 19,730,218 19,805,757
D2 - FARM & RANCH IMP 2,171,390 N/A 2,171,390 2,171,390
E - NON-AG LAND AND IMPROVEMENTS 50,052,670 0.8717 57,419,605 50,052,670
F1 - COMMERCIAL REAL 6,650,265 N/A 6,650,265 6,650,265
F2 - INDUSTRIAL REAL 141,645,603 N/A 141,645,603 141,645,603
G - ALL MINERALS 2,198,320 N/A 2,198,320 2,198,320
J - ALL UTILITIES 19,819,110 N/A 19,819,110 19,819,110
L1 - COMMERCIAL PERSONAL 6,972,218 N/A 6,972,218 6,972,218
L2 - INDUSTRIAL PERSONAL 2,240,514 N/A 2,240,514 2,240,514
M1 - MOBILE HOMES 405,051 N/A 405,051 405,051
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 17,032,498 N/A 17,032,498 17,032,498
S - SPECIAL INVENTORY 92,713 N/A 92,713 92,713
Subtotal 921,228,999 0 943,556,879 921,228,999
Less Total Deductions 118,173,773 0 120,857,593 118,173,773
Total Taxable Value 803,055,226 0 822,699,286 803,055,226

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

Measure Value Description
T1 816,788,554 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 803,055,226 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 816,788,554 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 803,055,226 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 826,178,554 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 816,788,554 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 803,055,226 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 816,788,554 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 803,055,226 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 826,178,554 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 13,733,328 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 9,390,000 Loss to the previous increase in the state-mandated homestead

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

178-906-02/London ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 630,306,186 0.9767 645,342,670 630,306,186
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 21,836,704 N/A 21,836,704 21,836,704
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,805,757 1.0038 19,730,218 19,805,757
D2 - FARM & RANCH IMP 2,171,390 N/A 2,171,390 2,171,390
E - NON-AG LAND AND IMPROVEMENTS 50,052,670 0.8717 57,419,605 50,052,670
F1 - COMMERCIAL REAL 6,650,265 N/A 6,650,265 6,650,265
F2 - INDUSTRIAL REAL 141,645,603 N/A 141,645,603 141,645,603
G - ALL MINERALS 2,198,320 N/A 2,198,320 2,198,320
J - ALL UTILITIES 19,819,110 N/A 19,819,110 19,819,110
L1 - COMMERCIAL PERSONAL 6,972,218 N/A 6,972,218 6,972,218
L2 - INDUSTRIAL PERSONAL 2,240,514 N/A 2,240,514 2,240,514
M1 - MOBILE HOMES 405,051 N/A 405,051 405,051
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 17,032,498 N/A 17,032,498 17,032,498
S - SPECIAL INVENTORY 92,713 N/A 92,713 92,713
Subtotal 921,228,999 943,556,879 921,228,999
Less Total Deductions 118,173,773 120,857,593 118,173,773
Total Taxable Value 803,055,226 822,699,286 803,055,226

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

Measure Value Description
T1 816,788,554 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 803,055,226 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 816,788,554 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 803,055,226 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 826,178,554 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 816,788,554 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 803,055,226 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 816,788,554 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 803,055,226 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 826,178,554 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 13,733,328 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 9,390,000 Loss to the previous increase in the state-mandated homestead