taxes Property Tax Assistance

2017 ISD Summary Worksheet

071/El Paso

071-909/Socorro ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 7,443,060,571 N/A 7,443,060,571 7,443,060,571
B. Multi-Family Residences 290,384,497 N/A 290,384,497 290,384,497
C1. Vacant Lots 270,157,409 N/A 270,157,409 270,157,409
C2. Colonia Lots 1,107,121 N/A 1,107,121 1,107,121
D1. Rural Real(Taxable) 2,390,118 N/A 2,390,118 2,390,118
D2. Real Prop Farm & Ranch 204,855 N/A 204,855 204,855
E. Real Prop NonQual Acres 47,073,335 N/A 47,073,335 47,073,335
F1. Commercial Real 1,465,013,854 N/A 1,465,013,854 1,465,013,854
F2. Industrial Real 80,734,780 N/A 80,734,780 80,734,780
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 337,701,141 N/A 337,701,141 337,701,141
L1. Commercial Personal 864,670,936 N/A 864,670,936 864,670,936
L2. Industrial Personal 536,836,522 N/A 536,836,522 536,836,522
M. Other Personal 33,084,150 N/A 33,084,150 33,084,150
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 205,414,018 N/A 205,414,018 205,414,018
S. Special Inventory 16,764,636 N/A 16,764,636 16,764,636
Subtotal 11,594,597,943 11,594,597,943 11,594,597,943
Less Total Deductions 2,179,677,962   2,179,677,962 2,179,677,962
Total Taxable Value 9,414,919,981 9,414,919,981 9,414,919,981 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
9,828,562,366 9,414,919,981 9,828,562,366 9,414,919,981


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
413,642,385 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
9,828,562,366 9,414,919,981 9,828,562,366 9,414,919,981

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