Correction to 10% property hike in Fort Bend
This correction is related to the article that ran in the “Star” May 14. So what are homeowners to do now that they are faced with an average ten percent hike, the highest growth limit value allowed by Texas law?
An addendum to this story is that although property tax increases are capped at ten percent per year, the appraisal district can increase assessed value ten percent plus the market value of any improvements.
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