taxes Property Tax Assistance

2018 ISD Summary Worksheet

071/El Paso

071-908/Tornillo ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 51,808,264 .9466 54,730,894 51,808,264
B. Multi-Family Residences 657,886 N/A 657,886 657,886
C1. Vacant Lots 1,275,825 N/A 1,275,825 1,275,825
C2. Colonia Lots 25,968 N/A 25,968 25,968
D1. Rural Real(Taxable) 7,110,939 1.0286 6,912,993 7,110,939
D2. Real Prop Farm & Ranch 174,559 N/A 174,559 174,559
E. Real Prop NonQual Acres 7,052,911 .9059 7,785,529 7,052,911
F1. Commercial Real 6,162,852 .9990 6,169,021 6,162,852
F2. Industrial Real 1,088,015 N/A 1,088,015 1,088,015
G. Oil, Gas, Minerals 11,473 N/A 11,473 11,473
J. Utilities 8,777,463 N/A 8,777,463 8,777,463
L1. Commercial Personal 5,876,896 1.1533 5,095,722 5,876,896
L2. Industrial Personal 465,422 N/A 465,422 465,422
M. Other Personal 3,890,960 N/A 3,890,960 3,890,960
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 173,422 N/A 173,422 173,422
Subtotal 94,552,855 97,235,152 94,552,855
Less Total Deductions 19,108,501   19,925,294 19,108,501
Total Taxable Value 75,444,354 77,309,858 75,444,354 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
77,910,107 75,444,354 77,910,107 75,444,354


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,465,753 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
77,910,107 75,444,354 77,910,107 75,444,354

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