taxes Property Tax Assistance

2022 ISD Summary Worksheet

Socorro ISD (all splits)   El Paso County  

071-El Paso/El Paso County

071-909/Socorro ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 14,340,867,191 1.0084 14,221,407,369 14,340,867,191
B - MULTIFAMILY 390,123,852 0.9647 404,399,142 390,123,852
C1 - VACANT LOTS 267,094,272 0.8130 328,529,240 267,094,272
C2 - COLONIA LOTS 3,116,293 N/A 3,116,293 3,116,293
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,016,535 1.1315 1,782,251 2,016,535
D2 - FARM & RANCH IMP 382,621 N/A 382,621 382,621
E - NON-AG LAND AND IMPROVEMENTS 59,967,339 N/A 59,967,339 59,967,339
F1 - COMMERCIAL REAL 2,155,160,641 0.9996 2,156,023,050 2,155,160,641
F2 - INDUSTRIAL REAL 354,181,798 N/A 354,181,798 354,181,798
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 189,488,298 N/A 189,488,298 189,488,298
L1 - COMMERCIAL PERSONAL 1,456,271,846 1.0031 1,451,771,355 1,456,271,846
L2 - INDUSTRIAL PERSONAL 706,067,129 N/A 706,067,129 706,067,129
M1 - MOBILE HOMES 58,120,952 N/A 58,120,952 58,120,952
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 290,936,571 N/A 290,936,571 290,936,571
S - SPECIAL INVENTORY 23,120,009 N/A 23,120,009 23,120,009
Subtotal 20,296,915,347 0 20,249,293,417 20,296,915,347
Less Total Deductions 5,505,895,085 0 5,479,988,435 5,505,895,085
Total Taxable Value 14,791,020,262 0 14,769,304,982 14,791,020,262

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's office 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 school 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 15,517,991,772 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 14,791,020,262 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 15,517,991,772 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 14,791,020,262 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 16,034,751,772 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 15,517,991,772 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 14,791,020,262 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 15,517,991,772 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 14,791,020,262 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 16,034,751,772 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 726,971,510 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 516,760,000 Loss to the second most recent increase in the state-mandated homestead exemption

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


Back to top

071-909-02/Socorro ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 14,340,867,191 1.0084 14,221,407,369 14,340,867,191
B - MULTIFAMILY 390,123,852 0.9647 404,399,142 390,123,852
C1 - VACANT LOTS 267,094,272 0.8130 328,529,240 267,094,272
C2 - COLONIA LOTS 3,116,293 N/A 3,116,293 3,116,293
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,016,535 1.1315 1,782,251 2,016,535
D2 - FARM & RANCH IMP 382,621 N/A 382,621 382,621
E - NON-AG LAND AND IMPROVEMENTS 59,967,339 N/A 59,967,339 59,967,339
F1 - COMMERCIAL REAL 2,155,160,641 0.9996 2,156,023,050 2,155,160,641
F2 - INDUSTRIAL REAL 354,181,798 N/A 354,181,798 354,181,798
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 189,488,298 N/A 189,488,298 189,488,298
L1 - COMMERCIAL PERSONAL 1,456,271,846 1.0031 1,451,771,355 1,456,271,846
L2 - INDUSTRIAL PERSONAL 706,067,129 N/A 706,067,129 706,067,129
M1 - MOBILE HOMES 58,120,952 N/A 58,120,952 58,120,952
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 290,936,571 N/A 290,936,571 290,936,571
S - SPECIAL INVENTORY 23,120,009 N/A 23,120,009 23,120,009
Subtotal 20,296,915,347 20,249,293,417 20,296,915,347
Less Total Deductions 5,505,895,085 5,479,988,435 5,505,895,085
Total Taxable Value 14,791,020,262 14,769,304,982 14,791,020,262

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's office 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 school 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 15,517,991,772 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 14,791,020,262 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 15,517,991,772 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 14,791,020,262 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 16,034,751,772 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 15,517,991,772 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 14,791,020,262 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 15,517,991,772 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 14,791,020,262 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 16,034,751,772 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 726,971,510 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 516,760,000 Loss to the second most recent increase in the state-mandated homestead exemption

Back to top