taxes Property Tax Assistance

2023 ISD Summary Worksheet

178-Nueces/Nueces County

178-906/London ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 866,213,601 N/A 866,213,601 866,213,601
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 20,192,695 N/A 20,192,695 20,192,695
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 20,451,520 N/A 20,451,520 20,451,520
D2 - FARM & RANCH IMP 3,036,713 N/A 3,036,713 3,036,713
E - NON-AG LAND AND IMPROVEMENTS 47,235,570 N/A 47,235,570 47,235,570
F1 - COMMERCIAL REAL 15,188,269 N/A 15,188,269 15,188,269
F2 - INDUSTRIAL REAL 131,647,152 N/A 131,647,152 131,647,152
G - ALL MINERALS 1,949,490 N/A 1,949,490 1,949,490
J - ALL UTILITIES 23,057,560 N/A 23,057,560 23,057,560
L1 - COMMERCIAL PERSONAL 6,256,394 N/A 6,256,394 6,256,394
L2 - INDUSTRIAL PERSONAL 1,982,406 N/A 1,982,406 1,982,406
M1 - MOBILE HOMES 722,996 N/A 722,996 722,996
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 37,588,437 N/A 37,588,437 37,588,437
S - SPECIAL INVENTORY 115,679 N/A 115,679 115,679
Subtotal 1,175,638,482 0 1,175,638,482 1,175,638,482
Less Total Deductions 282,718,234 0 282,718,234 282,718,234
Total Taxable Value 892,920,248 0 892,920,248 892,920,248

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 960,317,158 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 892,920,248 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 960,317,158 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 892,920,248 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 977,567,158 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 989,067,158 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 888,836,259 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 960,317,158 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 892,920,248 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 960,317,158 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 892,920,248 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 977,567,158 T13 plus the loss to the chapter 313 agreement
T16 989,067,158 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 888,836,259 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 67,396,910 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 17,250,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 11,500,000 Loss to Second Previous Homestead Increase

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

178-906-02/London ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 866,213,601 N/A 866,213,601 866,213,601
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 20,192,695 N/A 20,192,695 20,192,695
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 20,451,520 N/A 20,451,520 20,451,520
D2 - FARM & RANCH IMP 3,036,713 N/A 3,036,713 3,036,713
E - NON-AG LAND AND IMPROVEMENTS 47,235,570 N/A 47,235,570 47,235,570
F1 - COMMERCIAL REAL 15,188,269 N/A 15,188,269 15,188,269
F2 - INDUSTRIAL REAL 131,647,152 N/A 131,647,152 131,647,152
G - ALL MINERALS 1,949,490 N/A 1,949,490 1,949,490
J - ALL UTILITIES 23,057,560 N/A 23,057,560 23,057,560
L1 - COMMERCIAL PERSONAL 6,256,394 N/A 6,256,394 6,256,394
L2 - INDUSTRIAL PERSONAL 1,982,406 N/A 1,982,406 1,982,406
M1 - MOBILE HOMES 722,996 N/A 722,996 722,996
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 37,588,437 N/A 37,588,437 37,588,437
S - SPECIAL INVENTORY 115,679 N/A 115,679 115,679
Subtotal 1,175,638,482 1,175,638,482 1,175,638,482
Less Total Deductions 282,718,234 282,718,234 282,718,234
Total Taxable Value 892,920,248 892,920,248 892,920,248

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 960,317,158 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 892,920,248 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 960,317,158 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 892,920,248 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 977,567,158 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 989,067,158 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 888,836,259 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 960,317,158 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 892,920,248 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 960,317,158 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 892,920,248 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 977,567,158 T13 plus the loss to the chapter 313 agreement
T16 989,067,158 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 888,836,259 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 67,396,910 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 17,250,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 11,500,000 Loss to Second Previous Homestead Increase