Oped by Commissioner Cook
The Williamson Central Appraisal District must annually appraise all taxable land, buildings, business inventories — and even billboards — for the county.
Although the WCAD is our county’s appraisal district, it is not a county government entity.
Often erroneously blamed for property tax increases, the appraisal district is responsible for certifying values for taxing units like cities, counties, school districts and others that formulate and set a tax rate based on their budgetary needs.
The Texas Property Tax Code requires the WCAD to assign a value to every property at 100 percent of what it deems the property would sell for as of Jan. 1 each year.
The Texas Comptroller audits the values assigned to property the WCAD appraises and the procedures used to determine these values.
The appraisal district utilizes sales prices obtained for homes in the neighborhood or area where the property is located that are of comparable size, quality and age.
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