taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

071/El Paso

071-908/Tornillo ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 31,976,073 N/A 31,976,073 31,976,073
B. Multi-Family Residences 369,723 N/A 369,723 369,723
C1. Vacant Lots 1,671,264 N/A 1,671,264 1,671,264
C2. Colonia Lots 25,907 N/A 25,907 25,907
D1. Rural Real(Taxable) 7,012,236 N/A 7,012,236 7,012,236
D2. Real Prop Farm & Ranch 31,093 N/A 31,093 31,093
E. Real Prop NonQual Acres 5,421,206 N/A 5,421,206 5,421,206
F1. Commercial Real 6,042,101 N/A 6,042,101 6,042,101
F2. Industrial Real 1,088,015 N/A 1,088,015 1,088,015
G. Oil, Gas, Minerals 11,473 N/A 11,473 11,473
J. Utilities 7,452,423 N/A 7,452,423 7,452,423
L1. Commercial Personal 7,347,470 N/A 7,347,470 7,347,470
L2. Industrial Personal 51,060 N/A 51,060 51,060
M. Other Personal 3,115,809 N/A 3,115,809 3,115,809
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 272,282 N/A 272,282 272,282
Subtotal 71,888,135 71,888,135 71,888,135
Less Total Deductions 9,909,744   9,909,744 9,909,744
Total Taxable Value 61,978,391 61,978,391 61,978,391 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
63,542,576 61,978,391 63,542,576 61,978,391


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,564,185 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
63,542,576 61,978,391 63,542,576 61,978,391

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