Homeowners will benefit from a property tax reduction

Homeowners in Texas will get property tax relief after voters overwhelmingly passed two proposed amendments in the May 7 special election. The proposals targeted two sectors — older and disabled Texans and homeowners at all levels.

Proposition 1 passed by a wide margin with 86% voting in favor of reducing school district property taxes for homeowners age 65 and older or disabled. During his May 9 visit to the Pleasanton Express, Texas Lieutenant Governor Dan Patrick said the proposal corrects an oversight from a 2019 bill passed by the Legislative Assembly, which did not apply. to these owners because their school taxes were already frozen.

“When we cut property taxes, they didn’t take advantage of some of the cuts because they were frozen. So now that we thaw them, they take advantage of the reduction and we freeze them again,” Lieutenant Governor Patrick said. “Every year, we buy back the school tax rate. The average senior, I think, estimated that there was maybe $125 in savings, but in five years it could be about $300 or $400 because every year we want to lower that school rate from best we can. And so the seniors will thaw and freeze, thaw and freeze. »

Proposition 2 passed with 84% of votes in favor of increasing the state’s homestead exemption — the dollar amount of a home’s value exempt from tax by school districts — from $25,000 to $40,000. Lt. Governor Patrick explained that the homestead exemption had not been changed from $15,000 for about 20 years until they increased it to $25,000 in the first year.

“And then this year it went from $25,000 to $40,000, and it’s gone. So it’s important. My goal is to increase the homestead exemption to $100,000 over the next 10 years because when we do, essentially the state uses sales tax money to help pay for that. And that’s how we pay for it,” he said. “And we have to do it every year. Going from $25,000 to $40,000 was about $1.2 billion. This means that we must include it in our budget every year, forever and ever. So you can’t go overboard and spend too much, but I think over 10 years we can get there.

Atascosa County Judge Bob Hurley said the property tax exemption allowance is a good thing, but also warned citizens that their taxes were not being reduced.

“The abatement for exemption from property tax is a good thing. But, I want to warn our citizens not to be fooled by this ploy to make it look like the state legislature is cutting your taxes. They are not. What they do is make it look like that. But their property tax system is the culprit for your ever-increasing taxes and therefore the value of your properties,” Judge Hurley said.

Notice of estimated value 2022

This month, the Atascosa Central Assessment District (ACAD) sent its 2022 Appraised Value Notice Letters to Atascosa County homeowners. It is not a tax return as some might think. This notice provides owners with the appraised value of their property and information on how to dispute the value of their property, as well as an explanation of how values ​​are determined. Tax slips are mailed out later in the year, usually after October 1st.

One of the most important things to note about property values ​​this year is that recent changes passed in the May 7 special election are not calculated in 2022 notices. If you currently qualify for an exemption property, the exemption amount will automatically increase and school districts will calculate your taxes using the higher exemption amount.

A message in the notice from ACAD Chief Assessor Michelle Berdeaux said your local property tax database will be updated regularly throughout August and September as local elected officials propose and will adopt the property tax rates that will determine how much you pay in property taxes.

He further said that the governing body of each unit decides whether or not property taxes will increase. According to Berdeaux, ACAD only determines the value of your property. She further states that the Texas Legislature does not set the amount of your local taxes. She stated in that notice that your property tax burden is decided by your local elected officials and that all inquiries regarding your taxes should be directed to these officials.

Atascosa County Judge Hurley said the state legislature system is ultimately responsible for property taxes.

“Their system will cause this drop in the assessed value of your property to increase the ‘no new tax rate’ or ‘effective tax rate’, diluting your new deduction. Remember that the responsibility for property tax and its onerous system rests solely with your state legislature. The amendment is dishonest. The state is the creator of your property tax problem,” Judge Hurley said. For questions or more information regarding the value of your property, please contact the Atascosa Central Assessment District office at 830-569-8326 or by visiting them at 624 N. Main St. in Pleasanton.

To file a protest, complete the Notice of Protest form following the instructions included in the form in your notice by June 17, 2022. Mail or deliver the form to the Assessment Review Board at 624 N. Main St ., Pleasanton, TX 78064. ARB to begin hearings: June 1, 2022.

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