taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

071/El Paso

071-903/Fabens ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 89,439,387 N/A 89,439,387 89,439,387
B. Multi-Family Residences 4,408,766 N/A 4,408,766 4,408,766
C1. Vacant Lots 3,723,642 N/A 3,723,642 3,723,642
C2. Colonia Lots 9,268 N/A 9,268 9,268
D1. Rural Real(Taxable) 12,056,525 N/A 12,056,525 12,056,525
D2. Real Prop Farm & Ranch 420,857 N/A 420,857 420,857
E. Real Prop NonQual Acres 14,058,783 N/A 14,058,783 14,058,783
F1. Commercial Real 27,425,916 N/A 27,425,916 27,425,916
F2. Industrial Real 6,285,294 N/A 6,285,294 6,285,294
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 20,616,376 N/A 20,616,376 20,616,376
L1. Commercial Personal 31,667,588 N/A 31,667,588 31,667,588
L2. Industrial Personal 57,250 N/A 57,250 57,250
M. Other Personal 5,870,934 N/A 5,870,934 5,870,934
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,128,173 N/A 2,128,173 2,128,173
S. Special Inventory 3,405 N/A 3,405 3,405
Subtotal 218,172,164 218,172,164 218,172,164
Less Total Deductions 56,229,166   56,229,166 56,229,166
Total Taxable Value 161,942,998 161,942,998 161,942,998 T2

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
169,711,851 161,942,998 169,711,851 161,942,998


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,768,853 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
169,711,851 161,942,998 169,711,851 161,942,998

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