taxes Property Tax Assistance

2020 ISD Summary Worksheet

071-El Paso /El Paso County

071-909/Socorro ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 9,335,044,573 0.9668 9,655,610,853 9,335,044,573
B - MULTIFAMILY 340,958,865 0.9905 344,229,041 340,958,865
C1 - VACANT LOTS 256,464,130 0.8045 318,786,986 256,464,130
C2 - COLONIA LOTS 1,250,993 N/A 1,250,993 1,250,993
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,162,254 1.1195 1,929,024 2,162,254
D2 - FARM & RANCH IMP 201,229 N/A 201,229 201,229
E - NON-AG LAND AND IMPROVEMENTS 57,457,263 N/A 57,457,263 57,457,263
F1 - COMMERCIAL REAL 1,807,603,420 0.9491 1,904,544,748 1,807,603,420
F2 - INDUSTRIAL REAL 349,946,350 N/A 349,946,350 349,946,350
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 152,427,308 N/A 152,427,308 152,427,308
L1 - COMMERCIAL PERSONAL 1,083,248,892 1.0977 986,835,102 1,083,248,892
L2 - INDUSTRIAL PERSONAL 612,605,555 N/A 612,605,555 612,605,555
M1 - MOBILE HOMES 40,384,072 N/A 40,384,072 40,384,072
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 197,707,091 N/A 197,707,091 197,707,091
S - SPECIAL INVENTORY 18,004,379 N/A 18,004,379 18,004,379
Subtotal 14,255,466,374 0 14,641,919,994 14,255,466,374
Less Total Deductions 2,718,223,967 0 2,758,923,339 2,718,223,967
Total Taxable Value 11,537,242,407 0 11,882,996,655 11,537,242,407

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
11,998,349,047 11,537,242,407 11,998,349,047 11,537,242,407


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
461,106,640 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
11,998,349,047 11,537,242,407 11,998,349,047 11,537,242,407

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

071-909-02/Socorro ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 9,335,044,573 0.9668 9,655,610,853 9,335,044,573
B - MULTIFAMILY 340,958,865 0.9905 344,229,041 340,958,865
C1 - VACANT LOTS 256,464,130 0.8045 318,786,986 256,464,130
C2 - COLONIA LOTS 1,250,993 N/A 1,250,993 1,250,993
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,162,254 1.1209 1,929,024 2,162,254
D2 - FARM & RANCH IMP 201,229 N/A 201,229 201,229
E - NON-AG LAND AND IMPROVEMENTS 57,457,263 N/A 57,457,263 57,457,263
F1 - COMMERCIAL REAL 1,807,603,420 0.9491 1,904,544,748 1,807,603,420
F2 - INDUSTRIAL REAL 349,946,350 N/A 349,946,350 349,946,350
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 152,427,308 N/A 152,427,308 152,427,308
L1 - COMMERCIAL PERSONAL 1,083,248,892 1.0977 986,835,102 1,083,248,892
L2 - INDUSTRIAL PERSONAL 612,605,555 N/A 612,605,555 612,605,555
M1 - MOBILE HOMES 40,384,072 N/A 40,384,072 40,384,072
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 197,707,091 N/A 197,707,091 197,707,091
S - SPECIAL INVENTORY 18,004,379 N/A 18,004,379 18,004,379
Subtotal 14,255,466,374 14,641,919,994 14,255,466,374
Less Total Deductions 2,718,223,967 2,758,923,339 2,718,223,967
Total Taxable Value 11,537,242,407 11,882,996,655 11,537,242,407

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
11,998,349,047 11,537,242,407 11,998,349,047 11,537,242,407


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
461,106,640 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
11,998,349,047 11,537,242,407 11,998,349,047 11,537,242,407

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