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	8,865,015,374	N/A	8,865,015,374	8,865,015,374
B. MULTIFAMILY RESIDENCES	287,956,784	N/A	287,956,784	287,956,784
C1. VACANT LOTS	274,954,356	N/A	274,954,356	274,954,356
C2. COLONIA LOTS	1,106,722	N/A	1,106,722	1,106,722
D1. QUALIFIED AG LAND	2,311,437	N/A	2,311,437	2,311,437
D2. REAL PROP:FARM & RANCH	218,590	N/A	218,590	218,590
E. REAL PROP NONQUAL ACREAGE	58,795,592	N/A	58,795,592	58,795,592
F1. COMMERCIAL REAL	1,647,754,825	N/A	1,647,754,825	1,647,754,825
F2. INDUSTRIAL REAL	322,477,461	N/A	322,477,461	322,477,461
J. UTILITIES	143,176,200	N/A	143,176,200	143,176,200
L1. COMMERCIAL PERSONAL	1,009,018,046	N/A	1,009,018,046	1,009,018,046
L2. INDUSTRIAL PERSONAL	646,776,546	N/A	646,776,546	646,776,546
M. MOBILE HOMES	39,173,456	N/A	39,173,456	39,173,456
O. RESIDENTIAL INVENTORY	188,402,875	N/A	188,402,875	188,402,875
S. SPECIAL INVENTORY	17,255,642	N/A	17,255,642	17,255,642
Subtotal	13,504,393,906	0	13,504,393,906	13,504,393,906
Less Total Deductions	2,577,786,457	0	2,577,786,457	2,577,786,457
Total Taxable Value	10,926,607,449	0	10,926,607,449	10,926,607,449

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
11,372,165,243	10,926,607,449	11,372,165,243	10,926,607,449

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
445,557,794	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
11,372,165,243	10,926,607,449	11,372,165,243	10,926,607,449

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	8,865,015,374	N/A	8,865,015,374	8,865,015,374
B. MULTIFAMILY RESIDENCES	287,956,784	N/A	287,956,784	287,956,784
C1. VACANT LOTS	274,954,356	N/A	274,954,356	274,954,356
C2. COLONIA LOTS	1,106,722	N/A	1,106,722	1,106,722
D1. QUALIFIED AG LAND	2,311,437	N/A	2,311,437	2,311,437
D2. REAL PROP:FARM & RANCH	218,590	N/A	218,590	218,590
E. REAL PROP NONQUAL ACREAGE	58,795,592	N/A	58,795,592	58,795,592
F1. COMMERCIAL REAL	1,647,754,825	N/A	1,647,754,825	1,647,754,825
F2. INDUSTRIAL REAL	322,477,461	N/A	322,477,461	322,477,461
J. UTILITIES	143,176,200	N/A	143,176,200	143,176,200
L1. COMMERCIAL PERSONAL	1,009,018,046	N/A	1,009,018,046	1,009,018,046
L2. INDUSTRIAL PERSONAL	646,776,546	N/A	646,776,546	646,776,546
M. MOBILE HOMES	39,173,456	N/A	39,173,456	39,173,456
O. RESIDENTIAL INVENTORY	188,402,875	N/A	188,402,875	188,402,875
S. SPECIAL INVENTORY	17,255,642	N/A	17,255,642	17,255,642
Subtotal	13,504,393,906		13,504,393,906	13,504,393,906
Less Total Deductions	2,577,786,457		2,577,786,457	2,577,786,457
Total Taxable Value	10,926,607,449		10,926,607,449	10,926,607,449

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
11,372,165,243	10,926,607,449	11,372,165,243	10,926,607,449

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
445,557,794	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
11,372,165,243	10,926,607,449	11,372,165,243	10,926,607,449

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