Fort Bend County Property Tax Trends provides amazing insights into the vast sums raised by the property tax in Fort Bend County, Texas. Property taxes are a primary funding source for local government; county, city and school. The Fort Bend website includes information such as total tax parcels, total tax protests, total annual property taxes, total assessed values for residential and commercial, number of staff at appraisal district, appraisal district budget, judicial appeals and more.
The market value of Fort Bend County taxable property rose from $62 billion in 2014 to 91 billion in 2018. This is a46% increase over 4 years; over 10% per year. These large increases are part of the impetus for Senate Bill 2, which caps taxes for school at 2.5% and cities / counties at 3.5% per year for existing property, plus the value of new construction.
Property tax savings from protest hearings at Fort Bend County Appraisal District (FBCAD) have remained flat: $63 million in 2012 versus 61 million in 2018. Commercial accounts were reduced $46 million in 2018 versus residential accounts for $15 million. There are more residential accounts protested but the commercial accounts have a higher value.
Fort Bend County Appraisal District totaled 68,680 protests in 2018. This includes 50,290 residential and 18390 commercial accounts. Residential accounts for 73% of the number of appeals but for 17% of the savings ($15 million out of $61 million in 2018).
Judicial appeals in Fort Bend County soared twenty-fold from 2012 to 2018. (84 in 2012 and 2,224 in 2018). Property tax savings in Fort Bend County due to judicial appeals have been flat from $4.1 million in 2012 to $4.2 million in 2017; .
The Fort Bend County Appraisal District budget rose from $5.99 million in 2012 to $13.1 million in 2018, a 119% increase over 6 years. This averages 20% annual increase in FBCAD budget.
The Fort Bend County ARB has increased from 30 in 2012 to 38 in 2018.
The number of appraisers has risen substantial; from 35 in 2012 and 49 in 2018. This is a 40% increase in staffing over 6 years.
2020 property tax deadline is May 15th; deadlines to protest are not extended due to Covid-19.
Visit Fort Bend County Property Tax Trends to learn more.
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