The Tarrant Appraisal Review Board began hearings Monday June 16 for appeals remaining from 2007 and new appeals filed for 2008.  The 36-member body of citizens appointed to hear disputes between taxpayers and the appraisal district, hear protests in three (3) person panels.  These hearings are scheduled at least 15 days in advance with a notice of the hearing date and time mailed to the property owner.  Property owners not represented by an agent may reschedule one time if they cannot attend the scheduled hearing.

      When attending an appeal hearing at the Appraisal Review Board (ARB) the taxpayer should bring evidence to support their protest.  If the protest is "value over market" comparable sales, a recent sales contract or fee appraisal are all good evidence.  Also a broker's opinion of value can be useful.  If the appeal is for "unequal appraisal" then a comparable number of similar properties, appropriately adjusted should be presented.  Review the material included with the hearing notice for additional information about material to bring to the appeal hearing.

      The hearing will last approximately 15 minutes and that should allow most homeowners adequate time to present their evidence.  The district's evidence may be obtained from the web site if you received a "notice of appraised value" this year with a PIN number.  Simply look up your account on the web site and then click on Value Documentation link in the upper right hand portion of the display page to see what evidence the district will present at the hearing.  If after viewing the evidence you wish to withdraw your protest, please fill out the card enclosed with the hearing notice and mail to the ARB.

      The current property tax structure has been the same in Texas for over 25 years.  Use information mailed with your hearing notice, the internet and information from Tarrant Appraisal District to learn how to be successful in your appeal or to determine if you property has been valued fairly.  Values will be certified to the 56 tax units in late July, with supplements made in September prior to mailing of tax bills by the Tax Assessor Collector.

      Although the national news has painted a dark picture for housing and the economy, Tarrant County remains strong both in employment and new construction.  The Appraisal District does not forecast the future, we report and follow value trends from the prior year.  If in the next years, sales and economic data show a slowing or decrease in values, those will be reflected.