Property value protests decline

By Phil Major | Published Thursday, June 10, 2010

Protests of tax appraisal values in Wise County have dropped significantly since last year.

The Appraisal Review Board began its hearings June 3, and they will continue June 10 through July 15.

Chief Appraiser Mickey Hand said between 850 and 900 protests were filed this year compared to 1,400 a year ago.

Taxpayers are encouraged to contact the property’s appraiser prior to a hearing to see if an agreement can be reached, he said.

The ARB is working in two panels this year to try to handle cases more efficiently, Hand said.

Property values are based on market value and determine the amount of property taxes for government entities such as school districts, cities and the county.

Last month, Hand released preliminary values for property in Wise County showing an overall 9.52 percent decrease.

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