Montgomery Central Appraisal District Property Tax Lawsuit Summary

MCAD 2023 lawsuits filed regarding ARB determinations	Lawsuits
# Lawsuits Filed on ARB Values	504
# Lawsuits Filed for Houses on ARB Values	122
# Lawsuits Filed for Multifamily / Apartments on ARB Values	96
# Lawsuits Filed for Commercial on ARB Values	252
# Lawsuits Filed for Industrial on ARB Values	14
# Lawsuits Filed for Utility on ARB Values	1
# Lawsuits Filed for Oil & Gas on ARB Values	0

MCAD 2023 property value involved in Lawsuits as determined by the ARB	certified property value
ARB Value of All Lawsuits Filed	$6,156,559,497
ARB Value of All Lawsuits Filed for Single-Family / Houses	$605,695,420
ARB Value of All Lawsuits Filed for Multifamily	$3,320,255,150
ARB Value of All Lawsuits Filed for Commercial	$2,020,247,420
ARB Value of All Lawsuits Filed for Industrial	$116,278,617
ARB Value of All Lawsuits Filed for Oil & Gas	$0
ARB Value of All Lawsuits Filed for All Other Types	$74,516,160

MCAD 2023 Appraised value invoved in lawsuits that were resolved	Appraised Value
$ Value All Accounts Settled Current Year	$4,794,150,867
$ reduction All Accounts Settled Current Year	$341,317,397
% Reduction All Accounts Settled Current Year	7%
$ Reduction Property Tax Lawsuits for Houses Current Year	$20,787,060
$ Reduction Property Tax Lawsuits for Multifamily Current Year	$177,155,480
$ Reduction Property Tax Lawsuits for Commercial Current Year	$112,573,860
$ Reduction Property Tax Lawsuits for Industrial Current Year	$14,853,187
$ Reduction Property Tax Lawsuits for Utility Current Year	$0
$ Reduction Property Tax Lawsuits for Oil & Gas Current Year	$0
$ Reduction Property Tax Lawsuits for All others Current Year	$15,947,810