Hill County Property Tax Trends Website
https://hillcountypropertytaxtrends.com/ documents that Hill County Appraisal District has experienced substantial growth in market value. However, the number of tax parcels has risen only slightly. Large increases in assessed values have caused Hill County residents to protest at about 160% of the statewide average of 10% of all parcels. This site has details on the number of tax protests, total market value, total taxes levied, value by type of property, number of judicial appeals, number of appraisal district staff, appraisal district budget and much more.
The market value of Hill County taxable property rose from $120 billion in 2014 to 184 billion in 2018. This is a 53.3% increase over 5 years; 10.7% per year! These large increases are part of the impetus for Senate Bill 2, which caps taxes for school at 2.5% and cities / counties at 3.5% per year for existing property, plus the value of new construction.
Property tax savings from protest hearings at Hill County Appraisal District (BCAD) have increased sharply: from $27.1 million in 2012 versus $113 million in 2018. Commercial accounts were reduced $93 million in 2018 versus residential accounts for $21 million. There are more residential accounts protested but the commercial accounts have a higher value. Hill seems overly difficult for home owners given the large reductions awarded commercial property owners (almost 5X the residential reductions).
The number of tax protests in Hill Appraisal District increased by about 70%; from 63,400 in 2014 to 108,120 in 2018. Hill County Appraisal District 2018 property tax protests include 68,080 residential and 40,040 commercial accounts. Residential accounts for 64% of the appeals but for18.6% of the savings ($21 million out of $113 million in 2018).
Judicial appeals in Hill County have been increased sharply over the past six years. The volume of judicial appeals rose from 47 in 2012 to 371 in 2018, a 689% increase in six years. Property tax savings in Hill County due to judicial appeals have been moderate given the size of the county. Most appeals are resolved without trial. Judicial appeal tax reduction were $321 million in 2012 and $994 million in 2018. Single-family savings accounted for 4.6% of the judicial appeal refunds.
The Hill County Appraisal District budget rose from $14.5 million in 2012 to $18.7 million in 2018, a 29% increase over 7 years. This averages 4% annual increase in HCAD budget is less than the average rate of increase in appraisal district budgets.
The Hill County Appraisal Review Board remained at 50 during 2012 to 2018.
The number of appraisers has been risen slowly; from 70 to 78 over 5 years during 2013 to 2018.
2020 property tax deadline is May 15th; deadlines to protest are not extended due to Covid-19.
Visit https://hillcountypropertytaxtrends.com/ to learn more.