taxes Property Tax Assistance

2017 ISD Summary Worksheet

178/Nueces

178-906/London ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 312,319,574 N/A 312,319,574 312,319,574
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 12,283,827 N/A 12,283,827 12,283,827
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,718,373 N/A 15,718,373 15,718,373
D2. Real Prop Farm & Ranch 1,177,329 N/A 1,177,329 1,177,329
E. Real Prop NonQual Acres 32,445,143 N/A 32,445,143 32,445,143
F1. Commercial Real 4,619,958 N/A 4,619,958 4,619,958
F2. Industrial Real 2,367,866 N/A 2,367,866 2,367,866
G. Oil, Gas, Minerals 5,434,380 N/A 5,434,380 5,434,380
J. Utilities 14,653,300 N/A 14,653,300 14,653,300
L1. Commercial Personal 2,903,673 N/A 2,903,673 2,903,673
L2. Industrial Personal 2,897,055 N/A 2,897,055 2,897,055
M. Other Personal 439,528 N/A 439,528 439,528
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 10,928,201 N/A 10,928,201 10,928,201
S. Special Inventory 63,821 N/A 63,821 63,821
Subtotal 418,252,028 418,252,028 418,252,028
Less Total Deductions 38,141,312   38,141,312 38,141,312
Total Taxable Value 380,110,716 380,110,716 380,110,716 T2

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
386,456,222 380,110,716 386,456,222 380,110,716


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,345,506 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
386,456,222 380,110,716 386,456,222 380,110,716

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 to be valid, and local value was certified