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Missouri City to process $383,992 refund after appraisal-district adjustment; council urges review of CAD practices
Summary
Missouri City Council voted unanimously to authorize a wire payment of about $383,992 to reconcile value adjustments tied to Central Appraisal District corrections. Councilmembers pressed staff to seek more data from the appraisal district and to improve public communication about refunds.
Missouri City Council voted unanimously to authorize the Finance Department to process a wire payment of about $383,992 to reconcile value adjustments and supplemental tax roll changes stemming from a Central Appraisal District (CAD) adjustment.
City Manager Angel Jones told the council that the county assessor contacted cities late on the last day of the fiscal year seeking repayments tied to a court outcome that reduced previously certified property values. Jones said the county needed funds immediately to avoid a negative balance on its books, and…
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