taxes Property Tax Assistance

2019 ISD Summary Worksheet

071-El Paso

071-909/Socorro ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 8,864,848,308 N/A 8,864,848,308 8,864,848,308
B. MULTIFAMILY RESIDENCES 287,819,430 N/A 287,819,430 287,819,430
C1. VACANT LOTS 263,381,945 N/A 263,381,945 263,381,945
C2. COLONIA LOTS 1,132,019 N/A 1,132,019 1,132,019
D1. QUALIFIED AG LAND 2,305,147 N/A 2,311,437 2,305,147
D2. REAL PROP:FARM & RANCH 218,590 N/A 218,590 218,590
E. REAL PROP NONQUAL ACREAGE 59,039,633 N/A 59,039,633 59,039,633
F1. COMMERCIAL REAL 1,621,113,313 N/A 1,621,113,313 1,621,113,313
F2. INDUSTRIAL REAL 322,477,461 N/A 322,477,461 322,477,461
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 142,940,501 N/A 142,940,501 142,940,501
L1. COMMERCIAL PERSONAL 999,232,983 N/A 999,232,983 999,232,983
L2. INDUSTRIAL PERSONAL 646,776,543 N/A 646,776,543 646,776,543
M. MOBILE HOMES 39,218,260 N/A 39,218,260 39,218,260
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 187,494,092 N/A 187,494,092 187,494,092
S. SPECIAL INVENTORY 17,254,392 N/A 17,254,392 17,254,392
Subtotal 13,455,252,617 0 13,455,258,907 13,455,252,617
Less Total Deductions 2,614,333,145 0 2,614,333,145 2,614,333,145
Total Taxable Value 10,840,919,472 0 10,840,925,762 10,840,919,472

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
11,286,539,084 10,840,919,472 11,286,539,084 10,840,919,472


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
445,619,612 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
11,286,539,084 10,840,919,472 11,286,539,084 10,840,919,472

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 8,864,848,308 N/A 8,864,848,308 8,864,848,308
B. MULTIFAMILY RESIDENCES 287,819,430 N/A 287,819,430 287,819,430
C1. VACANT LOTS 263,381,945 N/A 263,381,945 263,381,945
C2. COLONIA LOTS 1,132,019 N/A 1,132,019 1,132,019
D1. QUALIFIED AG LAND 2,305,147 0.9973 2,311,437 2,305,147
D2. REAL PROP:FARM & RANCH 218,590 N/A 218,590 218,590
E. REAL PROP NONQUAL ACREAGE 59,039,633 N/A 59,039,633 59,039,633
F1. COMMERCIAL REAL 1,621,113,313 N/A 1,621,113,313 1,621,113,313
F2. INDUSTRIAL REAL 322,477,461 N/A 322,477,461 322,477,461
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 142,940,501 N/A 142,940,501 142,940,501
L1. COMMERCIAL PERSONAL 999,232,983 N/A 999,232,983 999,232,983
L2. INDUSTRIAL PERSONAL 646,776,543 N/A 646,776,543 646,776,543
M. MOBILE HOMES 39,218,260 N/A 39,218,260 39,218,260
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 187,494,092 N/A 187,494,092 187,494,092
S. SPECIAL INVENTORY 17,254,392 N/A 17,254,392 17,254,392
Subtotal 13,455,252,617 13,455,258,907 13,455,252,617
Less Total Deductions 2,614,333,145 2,614,333,145 2,614,333,145
Total Taxable Value 10,840,919,472 10,840,925,762 10,840,919,472

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
11,286,539,084 10,840,919,472 11,286,539,084 10,840,919,472


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
445,619,612 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
11,286,539,084 10,840,919,472 11,286,539,084 10,840,919,472

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