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

T1	T2	T3	T4	T13
816,788,554	803,055,226	816,788,554	803,055,226	826,178,554

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
13,733,328	0	9,390,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
816,788,554	803,055,226	816,788,554	803,055,226	826,178,554

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

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

T1	T2	T3	T4	T13
816,788,554	803,055,226	816,788,554	803,055,226	826,178,554

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
13,733,328	0	9,390,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
816,788,554	803,055,226	816,788,554	803,055,226	826,178,554

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement