News on 6

Hurricane Harvey: Appraisals, Taxes and Resources

On Wednesday, it was welcome news to see an Associated Press bulletin that stated:

“Officials are saying nearly all waterways in and around

Houston have crested, water levels going down in some

places; reservoirs near peak.”

As we continue to offer our prayers for the millions who have been affected by Hurricane Harvey, we want to pass along some information from the Texas Comptroller of Public Accounts:

Dear Chief Appraisers and Tax Assessor-Collectors:

When requested by a local taxing unit, an appraisal district is required to complete a reappraisal as soon as practicable of all property damaged in an area that the Governor declares a disaster area. The local taxing unit requesting the reappraisal must pay all the costs involved. If more than one taxing unit requests the reappraisal, all requesting taxing units share the costs based on the proportion of taxes imposed in the affected locality in the preceding year.

For reappraised property, the taxes are prorated for the year the disaster occurred. The local taxing unit assesses taxes prior to the date the disaster occurred based on the market value as of Jan. 1. Beginning on the date of the disaster and for the remainder of the year, the taxing unit applies its tax rate to the reappraised market value of the property.

If a school district needs to increase expenditures because of a disaster (including a tornado, hurricane, flood or other calamity) and the Governor has requested federal disaster assistance for the school district’s area, the tax rate for the tax year after the disaster is not subject to a ratification election under Tax Code Section 26.08 to approve the rate.

More information regarding property taxes in disaster areas, including reappraising property, application of exemptions and tax limitations, installment payment options and waivers of penalty and interest, can be found on PTAD’s web page. (https://comptroller.texas.gov/taxes/property-tax/disasters/index.php )

If you have any questions, please contact us by email or 800-252-9121 (press 2 to access the menu and then press 1 to contact the Information Services Team).

Sincerely,

Mike Esparza
Director                                                                                                                                                                     Property Tax Assistance Division

In addition, we received an email from the Texas Association of Property Tax Professionals (TAPTP) regarding information sent by HillCo Partners. The following offers a number of useful links from the state government.

Governor Greg Abbott expanded his State Disaster Declaration to include four additional Texas counties in response to the damage caused by Hurricane Harvey. These counties include: Angelina, Orange, Sabine, and Trinity counties. There are now a total of 58 counties on the Governor’s State Disaster Declaration.

Resources

As local governments, business owners and residents begin to deal with the aftermath of Hurricane Harvey, we continue to offer our thoughts and prayers. If Southland Property Tax Consultants can be of any assistance, please do not hesitate to contact us.

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