stumpy
Founding Member
Posts: 430
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Post by stumpy on Jun 30, 2016 10:13:54 GMT -6
According to recent reports from tax paying citizens, the Wharton CAD has returned to it's old habits. Not listening to reason. They are so quick to raise property values and not consider circumstances or market conditions. It seems that (example) a 200 acre dry land farm has the same value as a 200 acre irrigated farm and a 200 acre plot of land hat has producing oil/gas wells.
Also, a 40 year old home 1500 SF has the same value as a similar size 10 year old one. Just because your neighbor sold his home for $$ then yours should go up in value accordingly. A home in El Campo should be priced the same as one in Briargrove in Richmond. If they haven't raised the value of a home in 2-3 years then it's time to raise it now regardless of it's condition. The board also has the power to make changes due to "Special Circumstances" This has a lot to do with name and "Environmental Conditions". Do the board members actually know the laws regarding homestead exemption?
A comment made by board members is that the taxing entities request increases because they have to increase their budgets. Have they tried to exist by staying within their budgets? The school hasn't stopped building, the city wants more to pay their bond costs and just where does this end? They both want to increase property values so they have more to spend.
I vent!
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