Palo Pinto Property Tax Protest Summary

Palo Pinto Tax protests filed for 2018	Number of Protests
Total Number Property Tax Protests	3,575
Number Single Family Property Tax Protests	775
Number Multifamily / Apartment Property Tax Protests	12
Number Commercial Property Tax Protests	204
Number Business Personal Property Property Tax Protests	36
Number Industrial Real Property Property Tax Protests	21
Number Industrial Personal Property Property Tax Protests	90
Number Utility Property Tax Protests	674
Number Oil & Gas Property Tax Protests	251
Number Other Property Tax Protests	1,512

Palo Pinto Appraised Value for property tax protests 2018	Appraised Value
Total $ Value Protested	$380,920,657
$ Value Single Family (Homes, Condo, Townhome) Protested	$200,977,880
$ Value Multifamily/Apartment Protested	$2,769,980
$ Value Commercial Real and Personal Protested	$48,261,757
$ Value Industrial Real and Personal Protested	$3,742,650
$ Value Utilities Protested	$611,150
$ Value Oil & Gas Protested	$3,925,210
$ Value Other Protested	$120,632,030

Palo Pinto 2018 Number of Protest Hearings	No. of Hearings
Appraisal Review Board Protests Scheduled	3,557

Palo Pinto total number of concerns, inquiries or protests filed in 2018 resolved through informal processes	No. Informally Resolved
Informal Property Tax Protest Process	757
# of Houses Resolved at Informal Protest	374
Informal Property Tax Protest with Reduction	706

Palo Pinto Value reduction resolved though informal process in 2018	Value Reduction
$ Value of Houses Resolved at Informal Protest	$17,957,780
$ Value of Other Accounts Resolved at Informal Protest	$14,681,798

Palo Pinto 2018 protests that resulted in an ARB written determination	Written Determinations
# of Appraisal Review Board Property Tax ProtestHearings	290
# of Property Tax Protest Hearings for Houses (ARB)	133
# of Property Tax Protest Hearings for All Other Properties (ARB)	157
# Houses with Reduction at ARB Protest Hearing	92

Palo Pinto 2018 protests that resulted in an ARB written determination	$ Reduction
$ Reduction All Properties at ARB Protest Hearing	$4,734,188
$ Reduction Houses at ARB Protest Hearing	$2,886,553
$ Reduction All Other Properties at ARB Protest Hearing	$1,847,635

# of Binding Arbitration Cases Filed

5