Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Panel approves 10-year 'Olympic average' appraisal method for class 4 properties
House Taxation Committee
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
The committee adopted a proposal to set class 4 (residential and commercial) appraised values to a 10‑year 'Olympic average' (dropping high/low), with rules for newly constructed or reclassified properties; the plan passed 12–9 after an amendment narrowing scope to class 4.
Representative (transcript: 'Estman') presented HB 894 to smooth the large swings produced by two‑year appraisal cycles by using a 10‑year 'Olympic average' (drop the high and low appraisal years and average the remaining years) to produce taxable value for class 4 residential and commercial property. The…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans
