MVBA is pleased to go further for our school district and appraisal district clients. Part of our commitment to impeccable service is to simplify the intricate and complex legal processes these clients face with the yearly State Comptroller’s Property Value Study.
The Comptroller conducts an annual study of each school district’s property values to determine if a school district is appraising property at market value. Should the Comptroller find that a school district’s property is not appraised at fair market value, it “invalidates” the district’s local value and substitutes its estimate of the district’s value, “state value,” and certifies that value to the Texas Education Agency for purposes of state funding.
A district’s assignment of “state value” can mean a significant loss of state funding for the affected school district. We are proud to provide review and, if necessary, the appeal of the annual State Comptroller’s Property Value Study. To minimize or avoid any loss of funding, MVBA’s experienced team of value study professionals can represent your district throughout the entire appeals process.
Call us today for a complimentary initial consultation.