taxes Property Tax Assistance

2017 ISD Summary Worksheet

071/El Paso

071-908/Tornillo ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 49,679,142 N/A 49,679,142 49,679,142
B. Multi-Family Residences 615,478 N/A 615,478 615,478
C1. Vacant Lots 1,289,330 N/A 1,289,330 1,289,330
C2. Colonia Lots 63,508 N/A 63,508 63,508
D1. Rural Real(Taxable) 7,295,297 N/A 7,295,297 7,295,297
D2. Real Prop Farm & Ranch 164,688 N/A 164,688 164,688
E. Real Prop NonQual Acres 6,631,519 N/A 6,631,519 6,631,519
F1. Commercial Real 6,156,023 N/A 6,156,023 6,156,023
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 8,550,723 N/A 8,550,723 8,550,723
L1. Commercial Personal 5,018,640 N/A 5,018,640 5,018,640
L2. Industrial Personal 44,510 N/A 44,510 44,510
M. Other Personal 3,567,051 N/A 3,567,051 3,567,051
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 143,853 N/A 143,853 143,853
Subtotal 90,319,250 90,319,250 90,319,250
Less Total Deductions 18,105,871   18,105,871 18,105,871
Total Taxable Value 72,213,379 72,213,379 72,213,379 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
74,375,814 72,213,379 74,375,814 72,213,379


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,162,435 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
74,375,814 72,213,379 74,375,814 72,213,379

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