Texas Property Tax Consultant Exam
How does the chief appraiser appeal ARB decision? - ANSHe must get a written document with all the
appraisal district board of directors signatures approval
Who provides the learning material for ARB members? - ANSComptroller
Who pays the ARB members? - ANSAppraisal District
What are the levels of trade? - ANS1. Primary producer
2. Manufacturer
3. Wholesaler
4. Retailer
How would you argue investment value in ARB for a recently sold hotel? (investment value typically >
market value) - ANSBuyer is willing to pay a premium because they believe that the value will go up in
future years, however market value is as of January 1 of the current tax year. So the value should not be
based off that sale price because it was an investment, but not reflective of the current market value, or
based off the previous year.
25.25D what fraction of the corrected value will result in a reduction? What about the percentage of the
original value? - ANS1/3 of the corrected value
25% of the original value
Where is the Texas Property Tax Code located? - ANSThe Texas Constitution, Article 8
What is SOAH and what is the benefit? - ANSSOAH - State Office of Administrative Hearing Appeals
Property value must be over $1,000,000
Filing deposit fee is $1,500.
SOAH is like litigation but without the discovery.
,What are the four phases and dates of property tax calendar? - ANS1. January - May: Appraisal Phase
2. May - June: Equalization Phase
3. July - September: Assessment Phase
4. October - January: Current Collection Phase
When is the valuation of property? - ANSJanuary 1
Late Homestead Application deadline? Max amount of years late? - ANSJanuary 31
up to two years late
When do notices go out? - ANSApril 1st
When is BPP Rendition deadline? - ANSApril 15th
When are exemptions and special appraisals due? - ANSApril 30th
When is the last day chief appraiser can send out notices? - ANSMay 1st
When is the protest deadline? - ANSMay 15th
When does the ARB need to approve the appraisal records? (at least attempt) - ANSJuly 20th
When is the Certification of Roll Value by Chief Appraiser to taxing units due? - ANSJuly 25th
When is the last day to apply for Sept 1 alternative assessment date for inventory appraisal? - ANSJuly
31
,What two days can inventory appraisal have as an assessment date? - ANSJanuary 1 or September 1 if
you apply
What is the alternate appraisal date for inventory? - ANSSeptember 1
When do taxing units have to set current year tax rates by? - ANSSeptember 30
When are tax bills sent out? - ANSOctober 1
When are tax bills due? - ANSJanuary 31st following the tax year. (tax year 2022 is due Jan 31 2023)
When do taxes become delinquent? - ANSFebruary 1st
How much do you have to pay when your taxes are delinquent? - ANS7%
When is the last day to file 25.25D? - ANSJan 31st
What is PTAD? - ANSProperty Tax Assistance Division
What does ARB stand for and what is their role? - ANSAppraisal Review Board
A board of local citizens that hears disagreements between taxpayers and the appraisal district about
property taxability and value
What is the breakdown of tax revenue for Texas? - ANSProperty Tax: 45.2%
Sales & Gross Receipts Taxes: 44.3%
Other Taxes: 10.5%
What do taxes fund? - ANSpublic schools, city streets, county roads, police departments, fire protection,
etc
, What does Ad Valorem mean? - ANSProperty tax, Latin translation is "according to [the] value"
What are taxing units/jurisdiction? - ANScounties, cities, school districts, special districts
What does the tax assessor/collector do? - ANScalculate and creates tax bills, issues tax certificates and
collects taxes
What do appraisal districts do? - ANSset values, administers exemptions which are used in creating tax
rolls for taxing units
who create the tax rate? - ANStaxing units
Who hires the chief appraiser? - ANSthe appraisal district board of directors
Who are the appraisal district board of directors and who appoints them and what do they do? -
ANSselected by taxing units
in counties with a population over 120,000, the county judge (also known as the chief executive officer
of the county) appoints members
they approve appraisal districts budgets
Who appoints ARB? - ANSin populations less that 120,000 BOD selects them. counties that exceed
120,000 the county administrative judge chooses them
What does the Texas Comptroller do? - ANSARB education
Procedure and Valuation Studies Audits
Texas Property Tax Code
Arbitration
How does the chief appraiser appeal ARB decision? - ANSHe must get a written document with all the
appraisal district board of directors signatures approval
Who provides the learning material for ARB members? - ANSComptroller
Who pays the ARB members? - ANSAppraisal District
What are the levels of trade? - ANS1. Primary producer
2. Manufacturer
3. Wholesaler
4. Retailer
How would you argue investment value in ARB for a recently sold hotel? (investment value typically >
market value) - ANSBuyer is willing to pay a premium because they believe that the value will go up in
future years, however market value is as of January 1 of the current tax year. So the value should not be
based off that sale price because it was an investment, but not reflective of the current market value, or
based off the previous year.
25.25D what fraction of the corrected value will result in a reduction? What about the percentage of the
original value? - ANS1/3 of the corrected value
25% of the original value
Where is the Texas Property Tax Code located? - ANSThe Texas Constitution, Article 8
What is SOAH and what is the benefit? - ANSSOAH - State Office of Administrative Hearing Appeals
Property value must be over $1,000,000
Filing deposit fee is $1,500.
SOAH is like litigation but without the discovery.
,What are the four phases and dates of property tax calendar? - ANS1. January - May: Appraisal Phase
2. May - June: Equalization Phase
3. July - September: Assessment Phase
4. October - January: Current Collection Phase
When is the valuation of property? - ANSJanuary 1
Late Homestead Application deadline? Max amount of years late? - ANSJanuary 31
up to two years late
When do notices go out? - ANSApril 1st
When is BPP Rendition deadline? - ANSApril 15th
When are exemptions and special appraisals due? - ANSApril 30th
When is the last day chief appraiser can send out notices? - ANSMay 1st
When is the protest deadline? - ANSMay 15th
When does the ARB need to approve the appraisal records? (at least attempt) - ANSJuly 20th
When is the Certification of Roll Value by Chief Appraiser to taxing units due? - ANSJuly 25th
When is the last day to apply for Sept 1 alternative assessment date for inventory appraisal? - ANSJuly
31
,What two days can inventory appraisal have as an assessment date? - ANSJanuary 1 or September 1 if
you apply
What is the alternate appraisal date for inventory? - ANSSeptember 1
When do taxing units have to set current year tax rates by? - ANSSeptember 30
When are tax bills sent out? - ANSOctober 1
When are tax bills due? - ANSJanuary 31st following the tax year. (tax year 2022 is due Jan 31 2023)
When do taxes become delinquent? - ANSFebruary 1st
How much do you have to pay when your taxes are delinquent? - ANS7%
When is the last day to file 25.25D? - ANSJan 31st
What is PTAD? - ANSProperty Tax Assistance Division
What does ARB stand for and what is their role? - ANSAppraisal Review Board
A board of local citizens that hears disagreements between taxpayers and the appraisal district about
property taxability and value
What is the breakdown of tax revenue for Texas? - ANSProperty Tax: 45.2%
Sales & Gross Receipts Taxes: 44.3%
Other Taxes: 10.5%
What do taxes fund? - ANSpublic schools, city streets, county roads, police departments, fire protection,
etc
, What does Ad Valorem mean? - ANSProperty tax, Latin translation is "according to [the] value"
What are taxing units/jurisdiction? - ANScounties, cities, school districts, special districts
What does the tax assessor/collector do? - ANScalculate and creates tax bills, issues tax certificates and
collects taxes
What do appraisal districts do? - ANSset values, administers exemptions which are used in creating tax
rolls for taxing units
who create the tax rate? - ANStaxing units
Who hires the chief appraiser? - ANSthe appraisal district board of directors
Who are the appraisal district board of directors and who appoints them and what do they do? -
ANSselected by taxing units
in counties with a population over 120,000, the county judge (also known as the chief executive officer
of the county) appoints members
they approve appraisal districts budgets
Who appoints ARB? - ANSin populations less that 120,000 BOD selects them. counties that exceed
120,000 the county administrative judge chooses them
What does the Texas Comptroller do? - ANSARB education
Procedure and Valuation Studies Audits
Texas Property Tax Code
Arbitration
