Property values could be up $1.5B over last year
By Glenn Rea
The Cuero Record
There is a possibility appraised property values could be up as much as $1.5 billion over the previous year, according to talk at DeWitt County Commissioners Court meeting Monday. Other key discussions dealt with private property rights and plans for the county attorney’s office.
This is the time of year DeWitt County Appraisal District sends out its preliminary estimates of appraised property values so taxing entities know what to expect. Those appraised values will help determine tax rates and revenues for local government bodies.
County Judge Daryl Fowler read the report which indicates the county could be looking at $6.7 billion in total appraised values.
That number will change before the end of July when the final values are certified by the Appraisal District. However, this estimate shows values are up from 2018 by about $1.5 billion, according to Fowler.
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