Hays County Property Appraisals Increase 24%
This week, homeowners can expect to receive Hays County property appraisals notice in their mailboxes as Texas is preparing to pay their federal income tax bills.
The Hays County property appraisals notice informs property owners of the appraised value of their properties, which is used to calculate property taxes.
The overall market value of Hays County’s 2023 preliminary appraisal roll has risen to $69.89 billion, which is a 24% increase from $56.35 billion in 2022, San Marcos Daily Record reported.
This increase is attributed to various factors, including the addition of over 5,200 new homes and 26 new commercial buildings to the appraisal roll for 2023, as well as total new improvements adding more than $2.34 billion in taxable value.
Raven acknowledged that property tax revenues collected by local taxing units are used to fund essential services such as schools, emergency services, firefighting, police, libraries, and more.
Hays County Property Appraisals: How to File an Appeal
Raven explained that property owners have the right to appeal the Hays County property appraisals if they believe the values are inaccurate. There is a 30-day window to file an appeal, with a deadline of May 18.
There is also a drop box at the district office for in-person submissions.
Raven emphasized that the Hays County property appraisal process is not complicated, but property owners can be better prepared by taking a few steps early in the process if they wish to challenge their appraised value.
In addition to filing an appeal, there are other avenues to potentially reduce property tax bills, such as applying for a homestead exemption or a senior exemption if the property owner is over 65 years old.
Raven’s office routinely sends out information on how to file a protest and how to file for exemptions with the Hays County property appraisals notice.
She encouraged property owners to be a part of the rate-setting process by participating in discussions about tax rates conducted by taxing units such as the city and school districts.
Information on the tax rate-setting process for each taxing unit will be available starting August 7 at hays.countytaxrates.com.