taxes Property Tax Assistance

2018 ISD Summary Worksheet

071/El Paso

071-909/Socorro ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 8,226,780,593 1.0110 8,137,270,616 8,226,780,593
B. Multi-Family Residences 279,315,075 .8144 342,970,377 279,315,075
C1. Vacant Lots 299,286,541 .9430 317,377,032 299,286,541
C2. Colonia Lots 1,107,121 N/A 1,107,121 1,107,121
D1. Rural Real(Taxable) 2,295,719 1.0827 2,120,353 2,295,719
D2. Real Prop Farm & Ranch 217,563 N/A 217,563 217,563
E. Real Prop NonQual Acres 47,534,188 N/A 47,534,188 47,534,188
F1. Commercial Real 1,567,238,884 .9227 1,698,535,693 1,567,238,884
F2. Industrial Real 84,412,671 N/A 84,412,671 84,412,671
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 376,431,207 N/A 376,431,207 376,431,207
L1. Commercial Personal 752,722,476 1.0761 699,491,196 752,722,476
L2. Industrial Personal 585,534,695 N/A 585,534,695 585,534,695
M. Other Personal 36,697,604 N/A 36,697,604 36,697,604
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 211,208,790 N/A 211,208,790 211,208,790
S. Special Inventory 16,027,096 N/A 16,027,096 16,027,096
Subtotal 12,486,810,223 12,556,936,202 12,486,810,223
Less Total Deductions 2,201,317,605   2,190,911,554 2,201,317,605
Total Taxable Value 10,285,492,618 10,366,024,648 10,285,492,618 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
10,705,728,010 10,285,492,618 10,705,728,010 10,285,492,618


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
420,235,392 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
10,705,728,010 10,285,492,618 10,705,728,010 10,285,492,618

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