INSIDE INFORMATION PROTESTING APPRAISALS
COMPILED BY ERIC WEILBACHER & EDMOND ORTIZ DESIGNED BY RACHAL RUSSELL
The market value of homes rose by more than 30% this year in Bexar County, according to the local appraisal district. Property valuation determines how much a property owner pays in taxes. Homeowners may seek to protest the market value of their properties with their county’s appraisal district. For more information, visit www.bcad.org.
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
Bexar Appraisal District said average appraised market values for Bexar County residential homesteads rose more than 32% in the past year, from $250,741 to $331,130. Average taxable values rose from $243,742 to $265,602 in the past year.
MARKET VALUE
TAX RATES
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
AVERAGE TAXABLE PROPERTY VALUE
$300K
ASSESSED VALUE
The limited value based on current market value or last year’s assessed value plus 10%, whichever is lower
+6.4%
$250K
+8.9%
TAXABLE VALUE
EXEMPTION
+5.3%
The assessed value minus any exemptions
$200K 0
Removes part of a home’s value from taxation and lowers taxable value
2019 2020 2021
2022*
TAX BILL = (TAXABLE VALUE X TAX RATE) / 100
*PRELIMINARY AS OF MAY 4
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 BEXAR COUNTY PROTESTS
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.
Protests settled by appraisal staff Number of protests
Protests settled by appraisal review board
150K
File the protest no later than May 16 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
120K
The chief appraiser denied agricultural appraisal for a farm or ranch. The appraisal records show an incorrect owner or the wrong taxing units.
90K
60K
30K
0
2019
2020
2021
SOURCES: BEXAR APPRAISAL DISTRICT AND THE TEXAS COMPTROLLER’S OFFICE/COMMUNITY IMPACT NEWSPAPER
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NORTH SAN ANTONIO EDITION • MAY 2022
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