Valdez notes numbers may change with protests
Uvalde County Appraisal District chief appraiser Roberto Valdez told Uvalde Consolidated Independent School District trustees there was 4.76 percent uptick in market value, and a 9 percent uptick in total net taxable value for properties located within the school district’s boundaries.
Valdez, speaking at the UCISD board meeting held Monday, was quoting the total captured property value for UCISD as of May 23 compared to certified totals from July 2017.
“I would strongly caution that these numbers are subject to change based on ARB [appraisal review board] protests,” said Valdez.
Three hundred fifty protests have already been filed with the district. Another 400 informal visits have either been fielded or are scheduled to be in order to resolve appraisal disputes.
Based on the reappraisals conducted this year, UCAD is within the state’s mandated margin of 5 percent over or under market value. However, state funding is based on appraisals from the previous year.
UCISD is set to lose $1 million in state funding for the 2018-2019 school year because the previous year’s appraisal values were at 94.7 percent of market.
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