taxes Property Tax Assistance

2023 ISD Summary Worksheet

071-El Paso/El Paso County

071-909/Socorro ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 16,633,012,025 N/A 16,633,012,025 16,633,012,025
B - MULTIFAMILY 404,036,994 N/A 404,036,994 404,036,994
C1 - VACANT LOTS 261,651,306 N/A 261,651,306 261,651,306
C2 - COLONIA LOTS 2,891,392 N/A 2,891,392 2,891,392
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,968,026 N/A 1,968,026 1,968,026
D2 - FARM & RANCH IMP 408,626 N/A 408,626 408,626
E - NON-AG LAND AND IMPROVEMENTS 64,282,383 N/A 64,282,383 64,282,383
F1 - COMMERCIAL REAL 2,568,245,967 N/A 2,568,245,967 2,568,245,967
F2 - INDUSTRIAL REAL 364,777,064 N/A 364,777,064 364,777,064
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 198,442,877 N/A 198,442,877 198,442,877
L1 - COMMERCIAL PERSONAL 2,111,631,931 N/A 2,111,631,931 2,111,631,931
L2 - INDUSTRIAL PERSONAL 955,732,621 N/A 955,732,621 955,732,621
M1 - MOBILE HOMES 57,661,065 N/A 57,661,065 57,661,065
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 404,612,159 N/A 404,612,159 404,612,159
S - SPECIAL INVENTORY 23,640,924 N/A 23,640,924 23,640,924
Subtotal 24,052,995,360 0 24,052,995,360 24,052,995,360
Less Total Deductions 9,911,426,573 0 9,911,426,573 9,911,426,573
Total Taxable Value 14,141,568,787 0 14,141,568,787 14,141,568,787

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 17,182,297,150 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 14,141,568,787 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 17,182,297,150 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 14,141,568,787 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 17,997,712,150 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 18,541,322,150 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 14,301,889,324 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 17,182,297,150 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 14,141,568,787 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 17,182,297,150 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 14,141,568,787 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 17,997,712,150 T13 plus the loss to the chapter 313 agreement
T16 18,541,322,150 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 14,301,889,324 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,040,728,363 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 815,415,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 543,610,000 Loss to Second Previous Homestead Increase

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

071-909-02/Socorro ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 16,633,012,025 N/A 16,633,012,025 16,633,012,025
B - MULTIFAMILY 404,036,994 N/A 404,036,994 404,036,994
C1 - VACANT LOTS 261,651,306 N/A 261,651,306 261,651,306
C2 - COLONIA LOTS 2,891,392 N/A 2,891,392 2,891,392
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,968,026 N/A 1,968,026 1,968,026
D2 - FARM & RANCH IMP 408,626 N/A 408,626 408,626
E - NON-AG LAND AND IMPROVEMENTS 64,282,383 N/A 64,282,383 64,282,383
F1 - COMMERCIAL REAL 2,568,245,967 N/A 2,568,245,967 2,568,245,967
F2 - INDUSTRIAL REAL 364,777,064 N/A 364,777,064 364,777,064
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 198,442,877 N/A 198,442,877 198,442,877
L1 - COMMERCIAL PERSONAL 2,111,631,931 N/A 2,111,631,931 2,111,631,931
L2 - INDUSTRIAL PERSONAL 955,732,621 N/A 955,732,621 955,732,621
M1 - MOBILE HOMES 57,661,065 N/A 57,661,065 57,661,065
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 404,612,159 N/A 404,612,159 404,612,159
S - SPECIAL INVENTORY 23,640,924 N/A 23,640,924 23,640,924
Subtotal 24,052,995,360 24,052,995,360 24,052,995,360
Less Total Deductions 9,911,426,573 9,911,426,573 9,911,426,573
Total Taxable Value 14,141,568,787 14,141,568,787 14,141,568,787

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 17,182,297,150 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 14,141,568,787 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 17,182,297,150 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 14,141,568,787 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 17,997,712,150 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 18,541,322,150 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 14,301,889,324 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 17,182,297,150 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 14,141,568,787 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 17,182,297,150 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 14,141,568,787 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 17,997,712,150 T13 plus the loss to the chapter 313 agreement
T16 18,541,322,150 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 14,301,889,324 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,040,728,363 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 815,415,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 543,610,000 Loss to Second Previous Homestead Increase