Local taxing jurisdictions “only ask us to do our work fairly and accurately,” the office said in a Frequently Asked Questions file. The current market value is independent of the previous year.Įarnest said the city, school districts and county don’t pressure the appraisal district for higher values. It also mandates appraisals be equal and uniform. The state’s constitution mandates that all taxable property must be appraised in accordance with its market value, which is a property would sell for Jan. “If the market increases or decreases, we will recognize the market trend,” he said. Standard proceduresĮarnest said that, according to the property tax code, the estimate of value is calculated using local market value. The portion of the Trent ISD that is in Taylor went up just over 4% to a preliminary value of $63.14 million.

The portion of Merkel ISD in Taylor County went up 4.85% compared to the previous year, hitting a preliminary value of $439.6 million. The Trent Independent School District's boundary, for example, extends into Taylor, Nolan, Fisher and Jones counties, while the Merkel Independent School District's boundary includes property in Taylor County and Jones County. Some school districts are only partially located in Taylor County. Wylie ISD was up 7.66%, with a preliminary value of $2.57 billion. Values in the city of Abilene and the Abilene ISD were up roughly 5.7% each, coming in at $7.33 billion in the city, $5.51 billion in AISD.

The district’s preliminary net taxable value is $709.4 million, up from $651.4 million in 2020. The largest individual growth was in the Jim Ned Independent School District, which rose an estimated 8.9% in preliminary values from 2020. That number was up 4.26% from 2019, which in turn was up 4% from certified values in 2018.

Preliminary figures show $10.2 billion in net taxable value in Taylor County, up 6.84% from certified values of roughly $9.55 billion in 2020. This year’s property value increases are “fairly consistent” with what would be expected, he said.

Taylor county cad