taxes Property Tax Assistance

2024 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 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 18,098,531,217 1.0030 18,044,398,023 18,098,531,217
B - MULTIFAMILY 541,042,223 1.1480 471,291,135 541,042,223
C1 - VACANT LOTS 260,070,494 0.6715 387,297,832 260,070,494
C2 - COLONIA LOTS 2,837,493 N/A 2,837,493 2,837,493
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,858,494 1.0637 1,747,268 1,858,494
D2 - FARM & RANCH IMP 415,659 N/A 415,659 415,659
E - NON-AG LAND AND IMPROVEMENTS 64,575,855 N/A 64,575,855 64,575,855
F1 - COMMERCIAL REAL 3,331,387,903 1.0004 3,330,055,881 3,331,387,903
F2 - INDUSTRIAL REAL 414,822,959 N/A 414,822,959 414,822,959
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 228,663,648 N/A 228,663,648 228,663,648
L1 - COMMERCIAL PERSONAL 2,129,488,888 1.0121 2,104,030,124 2,129,488,888
L2 - INDUSTRIAL PERSONAL 1,006,981,935 N/A 1,006,981,935 1,006,981,935
M1 - MOBILE HOMES 82,621,169 N/A 82,621,169 82,621,169
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 292,354,477 N/A 292,354,477 292,354,477
S - SPECIAL INVENTORY 21,564,610 N/A 21,564,610 21,564,610
Subtotal 26,477,217,024 0 26,453,658,068 26,477,217,024
Less Total Deductions 10,490,931,033 0 10,480,022,725 10,490,931,033
Total Taxable Value 15,986,285,991 0 15,973,635,343 15,986,285,991

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 19,321,907,194 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 15,986,285,991 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 19,321,907,194 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 15,986,285,991 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 20,200,127,194 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 20,785,607,194 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 16,608,571,098 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 19,321,907,194 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 15,986,285,991 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 19,321,907,194 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 15,986,285,991 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 20,200,127,194 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 20,785,607,194 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 16,608,571,098 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,335,621,203 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 878,220,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 585,480,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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071-909-02/Socorro ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 18,098,531,217 1.0030 18,044,398,023 18,098,531,217
B - MULTIFAMILY 541,042,223 1.1480 471,291,135 541,042,223
C1 - VACANT LOTS 260,070,494 0.6715 387,297,832 260,070,494
C2 - COLONIA LOTS 2,837,493 N/A 2,837,493 2,837,493
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,858,494 1.0637 1,747,268 1,858,494
D2 - FARM & RANCH IMP 415,659 N/A 415,659 415,659
E - NON-AG LAND AND IMPROVEMENTS 64,575,855 N/A 64,575,855 64,575,855
F1 - COMMERCIAL REAL 3,331,387,903 1.0004 3,330,055,881 3,331,387,903
F2 - INDUSTRIAL REAL 414,822,959 N/A 414,822,959 414,822,959
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 228,663,648 N/A 228,663,648 228,663,648
L1 - COMMERCIAL PERSONAL 2,129,488,888 1.0121 2,104,030,124 2,129,488,888
L2 - INDUSTRIAL PERSONAL 1,006,981,935 N/A 1,006,981,935 1,006,981,935
M1 - MOBILE HOMES 82,621,169 N/A 82,621,169 82,621,169
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 292,354,477 N/A 292,354,477 292,354,477
S - SPECIAL INVENTORY 21,564,610 N/A 21,564,610 21,564,610
Subtotal 26,477,217,024 26,453,658,068 26,477,217,024
Less Total Deductions 10,490,931,033 10,480,022,725 10,490,931,033
Total Taxable Value 15,986,285,991 15,973,635,343 15,986,285,991

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 19,321,907,194 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 15,986,285,991 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 19,321,907,194 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 15,986,285,991 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 20,200,127,194 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 20,785,607,194 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 16,608,571,098 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 19,321,907,194 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 15,986,285,991 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 19,321,907,194 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 15,986,285,991 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 20,200,127,194 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 20,785,607,194 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 16,608,571,098 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,335,621,203 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 878,220,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 585,480,000 Loss to the third most recent increase in the state-mandated homestead exemption

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