taxes Property Tax Assistance

2016 ISD Summary Worksheet

071/El Paso

071-903/Fabens ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 91,592,488 .8821 103,834,586 91,592,488
B. Multi-Family Residences 4,078,005 N/A 4,078,005 4,078,005
C1. Vacant Lots 3,891,624 N/A 3,891,624 3,891,624
C2. Colonia Lots 34,268 N/A 34,268 34,268
D1. Rural Real(Taxable) 12,120,494 1.0192 11,892,061 12,120,494
D2. Real Prop Farm & Ranch 465,815 N/A 465,815 465,815
E. Real Prop NonQual Acres 14,065,182 .8615 16,326,387 14,065,182
F1. Commercial Real 26,942,814 1.1112 24,246,593 26,942,814
F2. Industrial Real 4,462,574 N/A 4,462,574 4,462,574
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 21,253,584 N/A 21,253,584 21,253,584
L1. Commercial Personal 11,668,118 1.0049 11,611,223 11,668,118
L2. Industrial Personal 40,310 N/A 40,310 40,310
M. Other Personal 6,160,050 N/A 6,160,050 6,160,050
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,637,704 N/A 1,637,704 1,637,704
S. Special Inventory 2,568 N/A 2,568 2,568
Subtotal 198,415,598 209,937,352 198,415,598
Less Total Deductions 40,242,224   44,144,823 40,242,224
Total Taxable Value 158,173,374 165,792,529 158,173,374 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
166,108,166 158,173,374 166,108,166 158,173,374


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,934,792 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
166,108,166 158,173,374 166,108,166 158,173,374

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 invalid, but local value was certified because your school district is in year one of the grace period.