taxes Property Tax Assistance

2020 ISD Summary Worksheet

071-El Paso

071-909/Socorro ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 9,335,042,043 0.9668 9,655,608,236 9,335,042,043
B - MULTIFAMILY 341,339,622 0.9905 344,613,450 341,339,622
C1 - VACANT LOTS 255,181,545 0.8045 317,192,722 255,181,545
C2 - COLONIA LOTS 1,250,993 N/A 1,250,993 1,250,993
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,159,451 1.1195 1,929,024 2,159,451
D2 - FARM & RANCH IMP 201,229 N/A 201,229 201,229
E - NON-AG LAND AND IMPROVEMENTS 63,092,581 N/A 63,092,581 63,092,581
F1 - COMMERCIAL REAL 1,811,792,902 0.9491 1,908,958,911 1,811,792,902
F2 - INDUSTRIAL REAL 349,330,963 N/A 349,330,963 349,330,963
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 152,427,308 N/A 152,427,308 152,427,308
L1 - COMMERCIAL PERSONAL 1,090,236,258 1.0977 993,200,563 1,090,236,258
L2 - INDUSTRIAL PERSONAL 612,587,948 N/A 612,587,948 612,587,948
M1 - MOBILE HOMES 40,486,374 N/A 40,486,374 40,486,374
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 198,223,157 N/A 198,223,157 198,223,157
S - SPECIAL INVENTORY 18,001,607 N/A 18,001,607 18,001,607
Subtotal 14,271,353,981 0 14,657,105,066 14,271,353,981
Less Total Deductions 2,683,189,893 0 2,723,692,280 2,683,189,893
Total Taxable Value 11,588,164,088 0 11,933,412,786 11,588,164,088

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
12,046,467,006 11,588,164,088 12,046,467,006 11,588,164,088


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
458,302,918 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
12,046,467,006 11,588,164,088 12,046,467,006 11,588,164,088

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 9,335,042,043 0.9668 9,655,608,236 9,335,042,043
B - MULTIFAMILY 341,339,622 0.9905 344,613,450 341,339,622
C1 - VACANT LOTS 255,181,545 0.8045 317,192,722 255,181,545
C2 - COLONIA LOTS 1,250,993 N/A 1,250,993 1,250,993
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,159,451 1.1195 1,929,024 2,159,451
D2 - FARM & RANCH IMP 201,229 N/A 201,229 201,229
E - NON-AG LAND AND IMPROVEMENTS 63,092,581 N/A 63,092,581 63,092,581
F1 - COMMERCIAL REAL 1,811,792,902 0.9491 1,908,958,911 1,811,792,902
F2 - INDUSTRIAL REAL 349,330,963 N/A 349,330,963 349,330,963
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 152,427,308 N/A 152,427,308 152,427,308
L1 - COMMERCIAL PERSONAL 1,090,236,258 1.0977 993,200,563 1,090,236,258
L2 - INDUSTRIAL PERSONAL 612,587,948 N/A 612,587,948 612,587,948
M1 - MOBILE HOMES 40,486,374 N/A 40,486,374 40,486,374
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 198,223,157 N/A 198,223,157 198,223,157
S - SPECIAL INVENTORY 18,001,607 N/A 18,001,607 18,001,607
Subtotal 14,271,353,981 14,657,105,066 14,271,353,981
Less Total Deductions 2,683,189,893 2,723,692,280 2,683,189,893
Total Taxable Value 11,588,164,088 11,933,412,786 11,588,164,088

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
12,046,467,006 11,588,164,088 12,046,467,006 11,588,164,088


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
458,302,918 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
12,046,467,006 11,588,164,088 12,046,467,006 11,588,164,088

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