Tag Archives: HCAD

It’s going to be a good year for the tax assessor

That should make it a good year for the entities that depend on property tax revenues, as Loren Steffy notes. When Williams Tower sold for $412 million recently, the new owners may have expected a break on property taxes. After … Continue reading

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Once again with sales price discolsure

Loren Steffy returns to a familiar topic. By some estimates, Williams Tower could sell for as much as $475 million. When it comes to paying the taxes, though, the 64-story tower will be worth less than half that much. That’s … Continue reading

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Better budget news

For the city. The city of Houston may have $21 million more in income in the coming fiscal year than it had planned on before Wednesday. That’s when it got the news that the Harris County Appraisal District projects that … Continue reading

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Property tax revenues still a year away

Getting better, but not quite there yet. Local governments should not expect an influx of property taxes to solve their budget woes this year, Harris County Appraisal District officials said Tuesday. Assistant Chief Appraiser Guy Griscom estimated the countywide tax … Continue reading

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Another item for the city’s legislative wish list

Loren Steffy brings up a familiar issue that has added salience now as the city tries to deal with its long term finances. Across the city, prime office buildings are selling for far more than their tax values, leaving billions … Continue reading

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Harris County property appraisals dip a little

This is what counts as good news these days. The appraised value of property countywide has declined slightly, according to numbers released Thursday, but not nearly on the scale of last year’s 3 percent plunge that translated into tens of … Continue reading

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Property values decline again

Oddly, this is good budget news in the “we were expecting it to be worse” category. Local governments and school districts this year will suffer a second-straight year of sliding property tax revenues — their main source of revenue — … Continue reading

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Effect of exempting schools and churches on drainage fee would be small

As we know, the drainage fee that will be collected to fund street and sewage repairs through the project formerly known as Renew Houston is intended to apply to all property that isn’t specifically exempted by state law, such as … Continue reading

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Property tax values drop

This budget news is really really bad. Thirty percent of Harris County homes declined in market value this year, as the area’s overall tax base dropped for the first time in at least two decades, officials announced Thursday. The reduced … Continue reading

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HCAD rules for Hoang in homestead dispute

On Christmas Eve, the Chron reported that Council Member-Elect Al Hoang and his wife had claimed homestead exemptions on two separate houses, one in Houston and one in Pearland. Now the Harris County Appraisal District has verified Hoang’s explanation about … Continue reading

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