SnowboardAg said:
These CADs and dispute companies are just another economic stimulus package. I would gladly pay a state income tax and walk all this shadiness out the door. The ARBs aren't independent when all they do is disregard your evidence and side with an appraiser. Abbott should crack down on this big time.
Then you fundamentally dont understand how it works. The State Comptroller runs the CADs. They give each one a property value that they must come within 5% of (or thereabouts), if the CADs dont meet the State number they get audited.
AI Overview:
Texas Central Appraisal Districts (CADs) are primarily regulated by the Texas Property Tax Code and overseen by the Property Tax Assistance Division (PTAD) of the Texas Comptroller of Public Accounts. Each CAD is an independent political subdivision of the state.
Key aspects of their regulation and oversight include:
Governing Body: Each appraisal district has a board of directors that is responsible for the district's governance, finances, and policies. The board of directors hires the chief appraiser, who is the chief administrator responsible for daily operations.
State Oversight (Comptroller): The Comptroller's office, specifically the PTAD, is assigned as the governing agency to audit various aspects of the appraisal process and CAD operations.
Property Value Study (PVS): PTAD conducts an independent study for each school district to ensure property values are at or near market value for equitable state funding purposes.
Methods and Assistance Program (MAP) Reviews: PTAD performs regular reviews of all appraisal districts to address governance, taxpayer assistance, operating standards, and appraisal standards.
Guidance and Manuals: The Comptroller's office provides the Appraisal District Director's Manual and other resources to assist board members and staff in administering their duties.
Professional Licensing and Regulation: Property tax professionals, including appraisers and collector staff (with the exception of elected county tax assessor-collectors and their employees), are registered and regulated by the Texas Department of Licensing and Regulation (TDLR).
Dispute Resolution: The Appraisal Review Board (ARB), a citizen board appointed by the CAD's board of directors, settles disagreements between property owners and the appraisal district. Decisions by the ARB can be appealed to the district court or through binding arbitration.
PTAD is setting the county value and the CADs have to be damn close to that value.
aTm '99