taxes Property Tax Assistance

2021 ISD Summary Worksheet

071-El Paso /El Paso County

071-909/Socorro ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 11,308,018,412 N/A 11,308,018,412 11,308,018,412
B - MULTIFAMILY 318,615,146 N/A 318,615,146 318,615,146
C1 - VACANT LOTS 261,294,924 N/A 261,294,924 261,294,924
C2 - COLONIA LOTS 3,152,974 N/A 3,152,974 3,152,974
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,106,103 N/A 2,106,103 2,106,103
D2 - FARM & RANCH IMP 257,997 N/A 257,997 257,997
E - NON-AG LAND AND IMPROVEMENTS 61,048,143 N/A 61,048,143 61,048,143
F1 - COMMERCIAL REAL 1,809,931,924 N/A 1,809,931,924 1,809,931,924
F2 - INDUSTRIAL REAL 353,901,567 N/A 353,901,567 353,901,567
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 179,245,956 N/A 179,245,956 179,245,956
L1 - COMMERCIAL PERSONAL 1,044,548,230 N/A 1,044,548,230 1,044,548,230
L2 - INDUSTRIAL PERSONAL 542,103,444 N/A 542,103,444 542,103,444
M1 - MOBILE HOMES 55,746,414 N/A 55,746,414 55,746,414
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 245,517,336 N/A 245,517,336 245,517,336
S - SPECIAL INVENTORY 17,476,072 N/A 17,476,072 17,476,072
Subtotal 16,202,964,642 0 16,202,964,642 16,202,964,642
Less Total Deductions 3,394,842,806 0 3,394,842,806 3,394,842,806
Total Taxable Value 12,808,121,836 0 12,808,121,836 12,808,121,836

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
13,289,572,521 12,808,121,836 13,289,572,521 12,808,121,836


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
481,450,685 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
13,289,572,521 12,808,121,836 13,289,572,521 12,808,121,836

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 11,308,018,412 N/A 11,308,018,412 11,308,018,412
B - MULTIFAMILY 318,615,146 N/A 318,615,146 318,615,146
C1 - VACANT LOTS 261,294,924 N/A 261,294,924 261,294,924
C2 - COLONIA LOTS 3,152,974 N/A 3,152,974 3,152,974
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,106,103 N/A 2,106,103 2,106,103
D2 - FARM & RANCH IMP 257,997 N/A 257,997 257,997
E - NON-AG LAND AND IMPROVEMENTS 61,048,143 N/A 61,048,143 61,048,143
F1 - COMMERCIAL REAL 1,809,931,924 N/A 1,809,931,924 1,809,931,924
F2 - INDUSTRIAL REAL 353,901,567 N/A 353,901,567 353,901,567
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 179,245,956 N/A 179,245,956 179,245,956
L1 - COMMERCIAL PERSONAL 1,044,548,230 N/A 1,044,548,230 1,044,548,230
L2 - INDUSTRIAL PERSONAL 542,103,444 N/A 542,103,444 542,103,444
M1 - MOBILE HOMES 55,746,414 N/A 55,746,414 55,746,414
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 245,517,336 N/A 245,517,336 245,517,336
S - SPECIAL INVENTORY 17,476,072 N/A 17,476,072 17,476,072
Subtotal 16,202,964,642 16,202,964,642 16,202,964,642
Less Total Deductions 3,394,842,806 3,394,842,806 3,394,842,806
Total Taxable Value 12,808,121,836 12,808,121,836 12,808,121,836

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
13,289,572,521 12,808,121,836 13,289,572,521 12,808,121,836


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
481,450,685 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
13,289,572,521 12,808,121,836 13,289,572,521 12,808,121,836

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