1/29/10

The Property Tax Assistance Division, Texas Comptroller of Public Accounts, released "The Property Value Study and How to Protest," the annual study that helps ensure the equitable distribution of funds to public schools.  The School Finance Division of the Texas Education Agency bases the Foundation School Program state aid calculations upon the PVS.  Section Two of the PVS explains how a school district can protest the Comptroller's preliminary findings of taxable value.  The deadline to file a protest petition is March 11, 2010. 

The PVS also provides the caveat, "The Comptroller may amend these preliminary findings at any time before final certification to the Commissioner of Education; therefore, school districts should not rely on preliminary findings to set budgets or tax rates." 

To access the Property Value Study, click on the link below.

http://www.window.state.tx.us/taxinfo/proptax/pvs09p/