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) 7,373,992 N/A 7,373,992 7,373,992
D2. Real Prop Farm & Ranch 164,754 N/A 164,754 164,754
E. Real Prop NonQual Acres 6,551,567 N/A 6,551,567 6,551,567
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 5,018,781 N/A 5,018,781 5,018,781
L2. Industrial Personal 44,510 N/A 44,510 44,510
M. Other Personal 3,562,368 N/A 3,562,368 3,562,368
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 90,313,517 90,313,517 90,313,517
Less Total Deductions 18,884,015   18,884,015 18,884,015
Total Taxable Value 71,429,502 71,429,502 71,429,502 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
73,703,648 71,429,502 73,703,648 71,429,502


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,274,146 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
73,703,648 71,429,502 73,703,648 71,429,502

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