taxes Property Tax Assistance

2016 ISD Summary Worksheet

071/El Paso

071-909/Socorro ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 7,059,891,894 .9736 7,251,326,925 7,059,891,894
B. Multi-Family Residences 299,500,345 .8890 336,895,776 299,500,345
C1. Vacant Lots 297,734,572 .7551 394,298,202 297,734,572
C2. Colonia Lots 1,107,615 N/A 1,107,615 1,107,615
D1. Rural Real(Taxable) 2,417,082 1.0294 2,347,958 2,417,082
D2. Real Prop Farm & Ranch 187,456 N/A 187,456 187,456
E. Real Prop NonQual Acres 41,357,337 N/A 41,357,337 41,357,337
F1. Commercial Real 1,444,183,259 1.0834 1,333,010,208 1,444,183,259
F2. Industrial Real 82,595,155 N/A 82,595,155 82,595,155
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 249,051,925 N/A 249,051,925 249,051,925
L1. Commercial Personal 808,480,654 1.0149 796,611,148 808,480,654
L2. Industrial Personal 556,277,224 N/A 556,277,224 556,277,224
M. Other Personal 32,038,597 N/A 32,038,597 32,038,597
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 172,636,276 N/A 172,636,276 172,636,276
S. Special Inventory 15,899,447 N/A 15,899,447 15,899,447
Subtotal 11,063,358,838 11,265,641,249 11,063,358,838
Less Total Deductions 2,093,010,633   2,114,075,183 2,093,010,633
Total Taxable Value 8,970,348,205 9,151,566,066 8,970,348,205 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
9,366,000,252 8,970,348,205 9,366,000,252 8,970,348,205


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
395,652,047 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
9,366,000,252 8,970,348,205 9,366,000,252 8,970,348,205

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