In Texas there is no state income tax, making property taxes the primary financial resource for governmental entities. Therefore, it is important for the taxpayer to understand the nature of property taxes in Texas. According to Texas Constitution there are five basic rules regarding property taxes:
Levied by counties, cities and school districts, every local appraisal district has to put a value to each property in its appraisal area by using the “Mass Appraisal” method. This method means that appraisal districts don’t have the personnel to comb through all of their valuations every year to check for over-appraisals, leaving that responsibility to you – the taxpayer.
If the taxpayer disagrees with their property taxes and believe they are entitled to property tax relief, they are able to challenge their appraisal district for the following reasons:
Filing a protest in Texas must be done by May 31 of the current tax year, or 30 days after receiving their Notice of Appraised Value, whichever is later. Taxpayers first have the opportunity to seek property tax relief through an informal hearing with their appraisal district staff.
If there is no resolution, they are able to seek property tax help by presenting their assessment case to the Appraisal Review Board (ARB) once per year. If the ARB’s ruling is not acceptable to the taxpayer, they have the right to seek property tax relief from judicial review.
With Resolute, we will file the protest, and have the informal and formal hearing for you, so you don’t have to worry about it.
The Travis Central Appraisal District (TCAD) is primarily responsible for developing annual appraisals to be used for property taxes. TCAD is governed by a board of directors who are responsible for hiring the Chief Appraiser as well as approving the annual budget. Travis Central Appraisal District appraises property in all of Travis County which covers an area of approximately 873 square miles and are responsible for almost 380,000 tax accounts. Travis Central Appraisal District was established in 1980 and deals with an average of 100,000 protests per year.
Please feel free to contact us at any time regarding your property tax negotiation. We are happy to help you with all of your property tax needs.