taxes Property Tax Assistance

2018 ISD Summary Worksheet

071-El Paso

071-909/Socorro ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 8,226,004,320 1.0110 8,136,502,789 8,226,004,320
B. MULTIFAMILY RESIDENCES 277,775,595 0.8144 341,080,053 277,775,595
C1. VACANT LOTS 298,790,807 0.9430 316,851,333 298,790,807
C2. COLONIA LOTS 1,107,121 N/A 1,107,121 1,107,121
D1. QUALIFIED AG LAND 2,294,663 1.0827 2,119,382 2,294,663
D2. REAL PROP:FARM & RANCH 217,563 N/A 217,563 217,563
E. REAL PROP NONQUAL ACREAGE 47,478,251 N/A 47,478,251 47,478,251
F1. COMMERCIAL REAL 1,554,483,420 0.9227 1,684,711,629 1,554,483,420
F2. INDUSTRIAL REAL 84,412,671 N/A 84,412,671 84,412,671
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 376,431,207 N/A 376,431,207 376,431,207
L1. COMMERCIAL PERSONAL 760,103,515 1.0761 706,350,260 760,103,515
L2. INDUSTRIAL PERSONAL 585,384,635 N/A 585,384,635 585,384,635
M. MOBILE HOMES 36,695,116 N/A 36,695,116 36,695,116
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 211,073,471 N/A 211,073,471 211,073,471
S. SPECIAL INVENTORY 16,091,499 N/A 16,091,499 16,091,499
Subtotal 12,478,343,854 0 12,546,506,980 12,478,343,854
Less Total Deductions 2,236,015,262 0 2,225,512,962 2,236,015,262
Total Taxable Value 10,242,328,592 0 10,320,994,018 10,242,328,592

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
10,663,692,541 10,242,328,592 10,663,692,541 10,242,328,592


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
421,363,949 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
10,663,692,541 10,242,328,592 10,663,692,541 10,242,328,592

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

071-909-02/Socorro ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 8,226,004,320 1.0110 8,136,502,789 8,226,004,320
B. MULTIFAMILY RESIDENCES 277,775,595 0.8144 341,080,053 277,775,595
C1. VACANT LOTS 298,790,807 0.9430 316,851,333 298,790,807
C2. COLONIA LOTS 1,107,121 N/A 1,107,121 1,107,121
D1. QUALIFIED AG LAND 2,294,663 1.0827 2,119,382 2,294,663
D2. REAL PROP:FARM & RANCH 217,563 N/A 217,563 217,563
E. REAL PROP NONQUAL ACREAGE 47,478,251 N/A 47,478,251 47,478,251
F1. COMMERCIAL REAL 1,554,483,420 0.9227 1,684,711,629 1,554,483,420
F2. INDUSTRIAL REAL 84,412,671 N/A 84,412,671 84,412,671
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 376,431,207 N/A 376,431,207 376,431,207
L1. COMMERCIAL PERSONAL 760,103,515 1.0761 706,350,260 760,103,515
L2. INDUSTRIAL PERSONAL 585,384,635 N/A 585,384,635 585,384,635
M. MOBILE HOMES 36,695,116 N/A 36,695,116 36,695,116
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 211,073,471 N/A 211,073,471 211,073,471
S. SPECIAL INVENTORY 16,091,499 N/A 16,091,499 16,091,499
Subtotal 12,478,343,854 12,546,506,980 12,478,343,854
Less Total Deductions 2,236,015,262 2,225,512,962 2,236,015,262
Total Taxable Value 10,242,328,592 10,320,994,018 10,242,328,592

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
10,663,692,541 10,242,328,592 10,663,692,541 10,242,328,592


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
421,363,949 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
10,663,692,541 10,242,328,592 10,663,692,541 10,242,328,592

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