taxes Property Tax Assistance

2019 ISD Summary Worksheet

178-Nueces

178-906/London ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	381,259,995	N/A	381,259,995	381,259,995
C1. VACANT LOTS	16,654,961	N/A	16,654,961	16,654,961
D1. QUALIFIED AG LAND	16,586,735	N/A	16,586,735	16,586,735
D2. REAL PROP:FARM & RANCH	1,646,777	N/A	1,646,777	1,646,777
E. REAL PROP NONQUAL ACREAGE	37,208,714	N/A	37,208,714	37,208,714
F1. COMMERCIAL REAL	4,640,274	N/A	4,640,274	4,640,274
F2. INDUSTRIAL REAL	210,983,388	N/A	210,983,388	210,983,388
G. OIL,GAS,MINERALS	5,088,750	N/A	5,088,750	5,088,750
J. UTILITIES	15,439,330	N/A	15,439,330	15,439,330
L1. COMMERCIAL PERSONAL	7,436,506	N/A	7,436,506	7,436,506
L2. INDUSTRIAL PERSONAL	2,128,625	N/A	2,128,625	2,128,625
M. MOBILE HOMES	456,128	N/A	456,128	456,128
O. RESIDENTIAL INVENTORY	8,789,728	N/A	8,789,728	8,789,728
S. SPECIAL INVENTORY	92,491	N/A	92,491	92,491
Subtotal	708,412,402	0	708,412,402	708,412,402
Less Total Deductions	43,179,245	0	43,179,245	43,179,245
Total Taxable Value	665,233,157	0	665,233,157	665,233,157

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
672,602,320	665,233,157	672,602,320	665,233,157

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
7,369,163	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
672,602,320	665,233,157	672,602,320	665,233,157

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

178-906-02/London ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	381,259,995	N/A	381,259,995	381,259,995
C1. VACANT LOTS	16,654,961	N/A	16,654,961	16,654,961
D1. QUALIFIED AG LAND	16,586,735	N/A	16,586,735	16,586,735
D2. REAL PROP:FARM & RANCH	1,646,777	N/A	1,646,777	1,646,777
E. REAL PROP NONQUAL ACREAGE	37,208,714	N/A	37,208,714	37,208,714
F1. COMMERCIAL REAL	4,640,274	N/A	4,640,274	4,640,274
F2. INDUSTRIAL REAL	210,983,388	N/A	210,983,388	210,983,388
G. OIL,GAS,MINERALS	5,088,750	N/A	5,088,750	5,088,750
J. UTILITIES	15,439,330	N/A	15,439,330	15,439,330
L1. COMMERCIAL PERSONAL	7,436,506	N/A	7,436,506	7,436,506
L2. INDUSTRIAL PERSONAL	2,128,625	N/A	2,128,625	2,128,625
M. MOBILE HOMES	456,128	N/A	456,128	456,128
O. RESIDENTIAL INVENTORY	8,789,728	N/A	8,789,728	8,789,728
S. SPECIAL INVENTORY	92,491	N/A	92,491	92,491
Subtotal	708,412,402		708,412,402	708,412,402
Less Total Deductions	43,179,245		43,179,245	43,179,245
Total Taxable Value	665,233,157		665,233,157	665,233,157

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
672,602,320	665,233,157	672,602,320	665,233,157

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
7,369,163	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
672,602,320	665,233,157	672,602,320	665,233,157

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