You only raise the values because the taxing entities requested it……
Per the Property Tax Code 23.01(a)(b), The Chief Appraiser must value property as of January 1st at its market value using mass appraisal standards that comply with the Uniform Standards of Professional Appraisal Practice (USPAP).
Additionally, the Comptroller’s Office annually produces a Property Value Study (PVS) to review the Districts appraisal techniques and values throughout the District.
No, the district does not have contact with the taxing entities as it relates to valuing property. They receive notification of preliminary values on/or before April 30th and final values on/or before July 25th.
Bastrop, Texas 78602
7:30 a.m. - 4:30 p.m.
“To provide quality service with the highest principles of integrity, professionalism, and respect. We will uphold these standards while providing an accurate, fair, and cost-effective appraisal roll for use in property tax assessment, while adhering to the property tax laws of the State of Texas.”