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Board hears dollar examples showing how appraisal increases affect taxes
Summary
The county appraiser showed commissioners illustrative calculations for a $500,000 house and a $70,000 house under 4'7, 5'7 and 7'7 appraisal increases and a sample mill levy, to demonstrate the tax impact if the mill levy remains unchanged.
County Appraiser Zack Edwards presented printed examples to show how appraisal changes translate into estimated tax changes when the mill levy stays the same. Using a $500,000 example and a $70,000 example, Edwards calculated assessed values (noting residential assessment rates used in the examples) and applied a sample taxing-unit mill levy, walking the board through estimated increases under 4'7, 5'7 and 7'7 appraisal adjustments.
Edwards said the examples were intended to help commissioners weigh mill-levy decisions that could offset appraisal-driven tax increases. He also reiterated that assessment rates are set by the state and that the appraiser's office sets appraised values based on local sales and modeling; any change in countycertified values will be certified to staff after the informal-hearing period.
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