Stay on top of San Antonio news and views. We accept donations via PayPal and Patreon (monthly only). The San Antonio Heron is a nonprofit news organization that relies on support from readers like you. The Bexar Appraisal District’s board’s next meeting is scheduled for April 8. 2, you own taxes for the whole year,” he said. Amezquita agreed that property values are likely to decline - in the second and third quarter of this year, he predicted - but those won’t affect this year’s tax rolls, because state law dictates properties must be assessed from Jan. The delay buys his staff more time to assess what a property value freeze would have on the various taxing entities, especially school districts.ĭuring the meeting, Bexar County Tax Assessor-Collector Albert Uresti said a roll over may hurt those property owners who may see a decrease in the value of their homes and businesses because of the COVID-19 pandemic.
BEXAR CAD FULL
“Renters are subjected to the full onslaught (of the property tax increase),” Amezquita said. Unless the owner of a property has a homestead exemption, which would require the owner live on the property, there is no cap for the percentage the valuation can increase year to year. If property values increase, which the “vast majority” did this year, Amezquita said, rents would increase, too. The Bexar County Appraisal District is part of the San Antonio Texas metroplex. If property values remained the same, in theory, rents would remain the same. Bexar County Appraisal District guide to lower Bexar County property taxes is an independent easy to use reference. Bureau Census data by housing advocacy group Texas Housers. Treviño said he wants to protect San Antonio renters during this time - which compose 47% of the population, according to a recent study of U.S. He said he expects property values to increase across the county by an average of 7% to 8%. “If I were a tax payer, which I am, I would think it would be insensitive, if not callous, if not irresponsible to send these out.”Īmezquita said property value rollover would not apply to new construction, properties that have a new owner and anything property that experiences a change positively or negatively for an exemption. “if I can avoid sending out 625,000 notices to a panicked community, I think that would be best,” Amezquita. If a decision was made to roll over taxes, Amezquita said his office would simply not send out new notices.
And that they can - and should - still protest them. People would still have to pay property taxes, he said. The Bexar Appraisal District Board of Directors met Friday morning to discuss the COVID-19 outbreak.
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