WiseCAD 2016 Property Tax Protests
Wise County Appraisal District Property Tax Protests : Wise County Appraisal District property tax protests totaled 1,560 in 2016, a 5.12% decrease from 2015. Wise County protests included 750 houses, and 810 commercial, industrial, and others. The value protested a total of $7million including $1.21million of residential. There were 520 informal hearings and 426 appraisal review board (ARB) hearings. Property tax savings from the informal and appraisal review board hearings total $236,700 (estimate based on 2.7% tax rate and no exemptions).
Wise County Appraisal District Property Tax Protest Summary
|
WiseCAD Tax protests filed for 2016
|
Number of Protests
|
|
Total Number Property Tax Protests
|
1,563 |
|
Number Single Family Property Tax Protests
|
749 |
|
Number Multifamily / Apartment Property Tax Protests
|
11 |
|
Number Commercial Property Tax Protests
|
233 |
|
Number Business Personal Property Property Tax Protests
|
115 |
|
Number Industrial Real Property Property Tax Protests
|
0 |
|
Number Industrial Personal Property Property Tax Protests
|
25 |
|
Number Utility Property Tax Protests
|
11 |
|
Number Oil & Gas Property Tax Protests
|
36 |
|
Number Other Property Tax Protests
|
383 |
|
WiseCAD Appraised Value for property tax protests 2016
|
Appraised Value
|
|
Total $ Value Protested
|
$704,942,090 |
|
$ Value Single Family (Homes, Condo, Townhome) Protested
|
$121,324,940 |
|
$ Value Multifamily/Apartment Protested
|
$11,273,800 |
|
$ Value Commercial Real and Personal Protested
|
$200,659,930 |
|
$ Value Industrial Real and Personal Protested
|
$325,806,300 |
|
$ Value Utilities Protested
|
$261,240 |
|
$ Value Oil & Gas Protested
|
$25,615,883 |
|
$ Value Other Protested
|
$19,999,997 |
|
WiseCAD 2016 Number of Protest Hearings
|
No. of Hearings
|
|
Appraisal Review Board Protests Scheduled
|
1,563 |
|
WiseCAD total number of concerns, inquiries or protests filed in 2016 resolved through informal processes
|
No. Informally Resolved
|
|
Informal Property Tax Protest Process
|
515 |
|
# of Houses Resolved at Informal Protest
|
455 |
|
Informal Property Tax Protest with Reduction
|
393 |
|
WiseCAD Value reduction resolved though informal process in 2016
|
Value Reduction
|
|
$ Value of Houses Resolved at Informal Protest
|
3450222 |
|
$ Value of Other Accounts Resolved at Informal Protest
|
$48 |
|
WiseCAD 2016 protests that resulted in an ARB written determination
|
Written Determinations
|
|
# of Appraisal Review Board Property Tax ProtestHearings
|
426 |
|
# of Property Tax Protest Hearings for Houses (ARB)
|
386 |
|
# of Property Tax Protest Hearings for All Other Properties (ARB)
|
40 |
|
# Houses with Reduction at ARB Protest Hearing
|
311 |
|
WiseCAD 2016 protests that resulted in an ARB written determination
|
$ Reduction
|
|
$ Reduction All Properties at ARB Protest Hearing
|
$4,354,125 |
|
$ Reduction Houses at ARB Protest Hearing
|
$3,700,900 |
|
$ Reduction All Other Properties at ARB Protest Hearing
|
$653,225 |
|
# of Binding Arbitration Cases Filed
|
4 |
