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Council warned legislative exemptions and appraisal errors have reduced Whitehouse's tax base
Summary
Staff told the Whitehouse council that House Bill 9 and an appraisal-district allocation error erased tens of millions in business personal property value, leaving the city with lower net taxable value and $2.1 million currently under protest.
Staff told the council that recent changes in state law and appraisal adjustments are the principal drivers complicating this year's tax-rate calculation. "House Bill 9, which increased business personal property tax exemptions from 25,000 to a 125,000. That resulted in $10,000,000 of value no longer being on the tax rolls," staff said.
Staff also said the city saw a large value swing between preliminary and certified rolls—about $53,000,000—because commercial-lease value was previously misallocated to Whitehouse rather than spread across jurisdictions in Smith County. That mismatch, together with extended protest windows, left roughly $2,100,000 shown as under protest and excluded from the statutory rate calculation, staff said.
