Hood County Appraisal District received property tax appeals for a total of 3,510 real property and BPP accounts in 2018 versus 4,090 in 2017. The 2018 property tax protest count was for 2,130 commercial/industrial / other properties and 1,380 for houses (60.7% commercial vs 39.3% houses). The volume of Hood County protests for houses has risen 40.3% in the last two years while the volume of commercial has risen 32%. The total value of Hood County property protested in 2018 was $590M, including $298M for houses and $290M for commercial / other. The value of Hood County houses protested in 2018 fell from $334M last year to $298M this year. Hood County Appraisal Review Board (ARB) conducted 530 ARB hearings while Hood County Appraisal District coordinated 1,484 hearings. The volume of Hood County Appraisal Review Board hearings rose from 1,390 in 2016 to 1,480 in 2018. The property tax savings were massive, a total of $4M for all types of property at both the informal hearings and the formal / ARB hearings (estimate based on no exemptions and 2.7% tax rate.) Informal protests were successful for 24.33% of Hood County property owners in 2018 while owners were successful for 53% of ARB appeals.

Hood County Appraisal District Property Tax Protest Summary

HoodCAD Tax protests filed for 2018	Number of Protests
Total Number Property Tax Protests	3,514
Number Single Family Property Tax Protests	1,381
Number Multifamily / Apartment Property Tax Protests	67
Number Commercial Property Tax Protests	260
Number Business Personal Property Property Tax Protests	110
Number Industrial Real Property Property Tax Protests	4
Number Industrial Personal Property Property Tax Protests	68
Number Utility Property Tax Protests	375
Number Oil & Gas Property Tax Protests	870
Number Other Property Tax Protests	379

HoodCAD Appraised Value for property tax protests 2018	Appraised Value
Total $ Value Protested	$588,716,390
$ Value Single Family (Homes, Condo, Townhome) Protested	$298,441,230
$ Value Multifamily/Apartment Protested	$26,736,570
$ Value Commercial Real and Personal Protested	$125,926,180
$ Value Industrial Real and Personal Protested	$46,785,800
$ Value Utilities Protested	$2,366,950
$ Value Oil & Gas Protested	$79,530,800
$ Value Other Protested	$8,928,860

HoodCAD 2018 Number of Protest Hearings	No. of Hearings
Appraisal Review Board Protests Scheduled	3,367

HoodCAD total number of concerns, inquiries or protests filed in 2018 resolved through informal processes	No. Informally Resolved
Informal Property Tax Protest Process	1,484
# of Houses Resolved at Informal Protest	489
Informal Property Tax Protest with Reduction	361

HoodCAD Value reduction resolved though informal process in 2018	Value Reduction
$ Value of Houses Resolved at Informal Protest	228
$ Value of Other Accounts Resolved at Informal Protest	133

HoodCAD 2018 protests that resulted in an ARB written determination	Written Determinations
# of Appraisal Review Board Property Tax ProtestHearings	530
# of Property Tax Protest Hearings for Houses (ARB)	224
# of Property Tax Protest Hearings for All Other Properties (ARB)	306
# Houses with Reduction at ARB Protest Hearing	88

HoodCAD 2018 protests that resulted in an ARB written determination	$ Reduction
$ Reduction All Properties at ARB Protest Hearing	$103,900,145
$ Reduction Houses at ARB Protest Hearing	$2,934,317
$ Reduction All Other Properties at ARB Protest Hearing	$100,965,828

# of Binding Arbitration Cases Filed

6