taxes Property Tax Assistance

2022 ISD Summary Worksheet

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 14,339,997,725 1.0084 14,220,545,146 14,339,997,725
B - MULTIFAMILY 394,393,704 0.9647 408,825,235 394,393,704
C1 - VACANT LOTS 266,856,504 0.8130 328,236,782 266,856,504
C2 - COLONIA LOTS 3,116,293 N/A 3,116,293 3,116,293
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,032,155 1.1318 1,795,447 2,032,155
D2 - FARM & RANCH IMP 382,621 N/A 382,621 382,621
E - NON-AG LAND AND IMPROVEMENTS 59,628,131 N/A 59,628,131 59,628,131
F1 - COMMERCIAL REAL 2,158,881,830 0.9996 2,159,745,728 2,158,881,830
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 1,440,309,403 1.0031 1,435,858,242 1,440,309,403
L2 - INDUSTRIAL PERSONAL 706,067,129 N/A 706,067,129 706,067,129
M1 - MOBILE HOMES 58,054,719 N/A 58,054,719 58,054,719
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 290,520,525 N/A 290,520,525 290,520,525
S - SPECIAL INVENTORY 23,120,009 N/A 23,120,009 23,120,009
Subtotal 20,287,030,844 0 20,239,566,103 20,287,030,844
Less Total Deductions 5,451,453,929 0 5,425,630,953 5,451,453,929
Total Taxable Value 14,835,576,915 0 14,813,935,150 14,835,576,915

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 T13
15,560,285,156 14,835,576,915 15,560,285,156 14,835,576,915 16,074,555,156


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
724,708,241 0 514,270,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
15,560,285,156 14,835,576,915 15,560,285,156 14,835,576,915 16,074,555,156

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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

071-909-02/Socorro ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 14,339,997,725 1.0084 14,220,545,146 14,339,997,725
B - MULTIFAMILY 394,393,704 0.9647 408,825,235 394,393,704
C1 - VACANT LOTS 266,856,504 0.8130 328,236,782 266,856,504
C2 - COLONIA LOTS 3,116,293 N/A 3,116,293 3,116,293
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,032,155 1.1318 1,795,447 2,032,155
D2 - FARM & RANCH IMP 382,621 N/A 382,621 382,621
E - NON-AG LAND AND IMPROVEMENTS 59,628,131 N/A 59,628,131 59,628,131
F1 - COMMERCIAL REAL 2,158,881,830 0.9996 2,159,745,728 2,158,881,830
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 1,440,309,403 1.0031 1,435,858,242 1,440,309,403
L2 - INDUSTRIAL PERSONAL 706,067,129 N/A 706,067,129 706,067,129
M1 - MOBILE HOMES 58,054,719 N/A 58,054,719 58,054,719
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 290,520,525 N/A 290,520,525 290,520,525
S - SPECIAL INVENTORY 23,120,009 N/A 23,120,009 23,120,009
Subtotal 20,287,030,844 20,239,566,103 20,287,030,844
Less Total Deductions 5,451,453,929 5,425,630,953 5,451,453,929
Total Taxable Value 14,835,576,915 14,813,935,150 14,835,576,915

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 T13
15,560,285,156 14,835,576,915 15,560,285,156 14,835,576,915 16,074,555,156


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
724,708,241 0 514,270,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
15,560,285,156 14,835,576,915 15,560,285,156 14,835,576,915 16,074,555,156

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement