INSIDE INFORMATION PROTESTING APPRAISALS
COMPILED BY LAUREN CANTERBERRY & ERIC WEILBACHER DESIGNED BY RACHAL RUSSELL This year, the Hays Central Appraisal District released preliminary property values April 18 indicating a 53.27% jump in all property value in Hays County compared to 2021. County property values rose steadily prior to this year’s steep increase. For more information, visit www.hayscad.com.
R I S E
VALUE ON THE
UNDERSTANDING
Appraisal notices are sent to residents each April and contain information about a property’s assessed value and estimated taxes. Below is a breakdown of terms residents would see on an appraisal.
A P P R A I S A L
YOUR
Total taxable property value rose by 38.32% year- over-year, according to the appraisal district. New improvements to existing properties added more than $2.21 billion in taxable property value alone.
MARKET VALUE
TAX RATES
TOTAL TAXABLE PROPERTY VALUE
+38.32%
Effective tax rate: The rate that would generate the same amount of tax dollars as the previous year Rollback tax rate: The maximum rate a taxing entity can set without taxpayers being able to petition for an election Adopted tax rate: The rate adopted by a taxing entity
What the property would sell for
$42B
ASSESSED VALUE
$36B $30B $24B $18B 0
The limited value based on current market value or last year’s assessed value plus 10%, whichever is lower
+12.36%
+14.26%
TAXABLE VALUE
EXEMPTION
+12.82%
The assessed value minus any exemptions
Removes part of a home’s value from taxation and lowers taxable value
2018 2019 2020 2021 2022*
TAX BILL = (TAXABLE VALUE X TAX RATE) / 100
*PRELIMINARY
A PROTEST H OW TO F I L E 1 2 3 4
REASONS TO P R O T E S T property is too high. The property is valued unequally compared with other property in the appraisal district. The chief appraiser denied an exemption.
HISTORICAL HAYS COUNTY PROTESTS ARB decision after a hearing Other Canceled Settled without a hearing
Residents who wish to protest the market value of their property must follow these steps.
Property owners have the right to protest the appraised values of their properties to the appraisal review board if they disagree with the appraisals.
18,000
File the protest no later than May 18 or 30 days after the appraisal district mailed the appraisal notice. Fill out an online or hard copy protest form that identifies the owner, the property in question and the owner’s dissatisfaction with the appraised value. Gather evidence to show why the value should be lowered, such as recent sales of comparable homes. Hearings will be scheduled, and the appraisal review board may make recommendations for cases not settled with the taxing entity.
THE FOLLOWING ISSUES CAN BE REVIEWED BY THE BOARD: The proposed value of a
12,500
The chief appraiser denied agricultural appraisal for a farm or ranch. The appraisal records show an incorrect owner or the wrong taxing units.
9,000
4,500
0
NOW OPEN! ENCHILADAS TACOS FAJITAS CHILAQUILES NOW OPEN! D I N E I N - D R I V E T H R U - O N L I N E - D E L I V E R Y A P P S ENCHILADAS TACOS FAJITAS CHILAQUILES NOW OPEN! D I N E I N - D R I V E T H R U - O N L I N E - D E L I V E R Y A P P S ENCHILADAS TACOS FAJITAS CHILAQUILES NOW OPEN! D I N E I N - D R I V E T H R U - O N L I N E - D E L I V E R Y A P P S ENCHILADAS TACOS FAJITAS CHILAQUILES 2019 2020 2021
SOURCES: HAYS CENTRAL APPRAISAL DISTRICT, TEXAS COMPTROLLER’S OFFICE/COMMUNITY IMPACT NEWSPAPER
N W OPE D I N E I N - D R I V E T H R U - O N L I N E - D E L I V E R ENCHILADAS TACOS FAJITAS
OW OPEN! D R I V E T H R U - O N L I N E - D E L I V E R Y A P P S TACOS FAJITAS CHILAQUILES Monday-Saturday : 7am-9pm Monday-Saturday : 7am-9pm
WWW.NCHILADAS.COM
905 N Old Highway 81 Kyle TX, 78640 Tel: 512-504-3080 905 N Old Highway 81 Kyle TX, 78640 Tel: 512-504-3080
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SAN MARCOS - BUDA - KYLE EDITION • MAY 2022
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