Bulletin on Texas State Finance: 1987, Number 5 Page: ATTACHMENT
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sno.5
Bulletin No. 5 - 1987
p M I
February 27, 1987
PRELIMINARY 1986 PROPERTY APPRAISAL RATIOS SHOW
IMPROVEMENTIn 1986, property in Texas was appraised for local tax purposes at an
average of 91.3% of its market value, as determined by the State Property
Tax Board (SPTB). In 158 counties, the median 1986 ratio was 90% or
higher. In contrast, only 100 counties reached that level in 1985 (see
table below). This reflects continued improvement in appraisal
practices. Nevertheless, averages ranged as low as 55% of market value
in Nacogdoches County, and below 70% in Coleman, Kimble, LaSalle,
McMullen and Starr counties. (The 1986 median ratio for each county is
listed on page 2.)Many Not Appraised at Average.
While the average median ratios are
useful, many taxpayers find their
property valued at another level.
The preliminary SPTB data indicates
that the average property varied
from the median ratio by 15.75%.
But that is an improvement over the
1985 average 18.49% deviation.Median Ratio
Above 90%
80% - 89%
70% - 79%
Below 70%
TotalNo. of Counties
1985 1986100
102
39
13
254158
69
21
6
254Appeals. If a taxpayer's property is assessed at 10% or more above the
median appraisal level for other property in the district, the owner can
appeal, and the SPTB ratios are a primary evidentiary source in
establishing the median appraisal level. Evidence of discrimination in
the taxation of property first can be presented next summer to the
appraisal review board in each district. Further appeal lies in the
district court which is empowered to change the complainant's assessment
to an amount calculated from the median appraisal level.
Final Ratios May 29th. Appraisal district officials and school
superintendents can appeal these preliminary findings. Final ratios and
a detailed report will be released by the SPTB on May 29th in time to be
used by appraisal authorities in correcting or adjusting 1987 values, and
by taxpayers in appealing to local appraisal review boards.
Further information can be obtained from the report Preliminary Report
of the Findings of the 1986 Property Value Study of School & Appraisal
Districts, by contacting the State Property Tax Board, Box 15900, Austin,
Texas 78761-5900.TEXAS RESEARCH LEAGUE
P.O. Box 12456 4
Austin, Texas 78711 1 1 I'
512/472*3127 IN
onTexasStateFinance
Bulletins are published by the League staff solely for the information qf ague supporters and others interested in
Texas state finance. No position by the League on any pending egs th n isinJ& 'd or implied.
-Jared E. Hazleton. President
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Texas Research League. Bulletin on Texas State Finance: 1987, Number 5, periodical, February 27, 1987; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1543205/m1/1/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.