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Franklin County PVA explains appeal that produced $28,968 in additional tax liability; homestead and ag exemptions reviewed
Summary
Will Rhodes, Franklin County PVA, explained a 2024 assessment appeal that resulted in a roughly $2.4 million valuation difference at appeal and an additional $28,968 in tax liability (about $4,400 to county government) and described homestead and 10-acre agricultural exemptions and how residents apply.
Will Rhodes, the Franklin County property-value administrator, addressed the Fiscal Court on Nov. 5 to explain an amendment that updates county collections tied to a commercial property assessment appeal from tax year 2024.
Rhodes said the dispute originally involved an approximately $2.4 million difference in assessed value; after state-level review the change produced about $28,968 in additional tax liability overall, the bulk of which goes to Franklin County Public Schools while about $4,400 flows to county government. Rhodes emphasized the amendment reflects post-appeal adjustments, not a mid-year tax-rate change.
He also walked magistrates through homestead-exemption eligibility for residents 65 and older and for 100% disabled residents, explained that the homestead exemption figure is adjusted on a multi-year schedule (linked to CPI and state-level calculations), and described the automatic treatment of a 10-acre agricultural exemption when a deed shows 10 or more acres.
Magistrates asked how residents apply; Rhodes said the PVA office proactively notifies residents approaching age 65 and that residents must bring ID and supporting documents to claim exemptions. He characterized education and outreach as a primary PVA role.
Ending: The court advanced the amendment package to the voting session where the related authorization to approve the amended 2024 sheriff's report for property tax bills was adopted.
