Will my property taxes increase as much as my appraised value increased?

Property values significantly increased this past year due to the market, but your taxes would not increase by that same amount, as most entities lower the mill levy to help re-balance the "appraised value to collected property revenue" scale.

If an entity does need to increase the property revenues for the upcoming year, it should be by a modest amount compared to the increase in appraised property values.

Show All Answers

1. What is Revenue Neutral?
2. What is the Revenue Neutral Rate (RNR)?
3. Why would taxing entities/jurisdictions want to increase revenue?
4. Will my property taxes increase as much as my appraised value increased?
5. What is the Estimated Tax Notice Information?
6. Why are we letting you know about the taxpay notification form and RNR?
7. What exactly will be on the taxpayer notification form?