Texas Property Tax Consultant Exam
Questions and Answers Questions
with Solutions Newest | Already
Graded A+
How does the chief appraiser appeal ARB decision? - Answer- He must get a written
document with all the appraisal district board of director’s signatures approval
Who provides the learning material for ARB members? - Answer- Comptroller
Who pays the ARB members? - Answer- Appraisal District
What are the levels of trade? - Answer- 1. Primary producer
2. Manufacturer
3. Wholesaler
4. Retailer
How would you argue investment value in ARB for a recently sold hotel? (Investment
value typically > market value) - Answer- Buyer is willing to pay a premium because
they believe that the value will go up in future years, however market value is as of
January 1 of the current tax year. So the value should not be based off that sale price
because it was an investment, but not reflective of the current market value, or based
off the previous year.
25.25D what fraction of the corrected value will result in a reduction? What about the
percentage of the original value? - Answer- 1/3 of the corrected value
25% of the original value
Where is the Texas Property Tax Code located? - Answer- The Texas Constitution,
Article 8
What is SOAH and what is the benefit? - Answer- SOAH - State Office of Administrative
Hearing Appeals
Property value must be over $1,000,000
Filing deposit fee is $1,500.
SOAH is like litigation but without the discovery.
What are the four phases and dates of property tax calendar? - Answer- 1. January -
May: Appraisal Phase
2. May - June: Equalization Phase
3. July - September: Assessment Phase
4. October - January: Current Collection Phase
,When is the valuation of property? - Answer- January 1
Late Homestead Application deadline? Max amount of years late? - Answer- January 31
up to two years late
When do notices go out? - Answer- April 1st
When is BPP Rendition deadline? - Answer- April 15th
When are exemptions and special appraisals due? - Answer- April 30th
When is the last day chief appraiser can send out notices? - Answer- May 1st
When is the protest deadline? - Answer- May 15th
When does the ARB need to approve the appraisal records? (at least attempt) -
Answer- July 20th
When is the Certification of Roll Value by Chief Appraiser to taxing units due? - Answer-
July 25th
When is the last day to apply for Sept 1 alternative assessment date for inventory
appraisal? - Answer- July 31
What two days can inventory appraisal have as an assessment date? - Answer-
January 1 or September 1 if you apply
What is the alternate appraisal date for inventory? - Answer- September 1
When do taxing units have to set current year tax rates by? - Answer- September 30
When are tax bills sent out? - Answer- October 1
When are tax bills due? - Answer- January 31st following the tax year. (tax year 2022 is
due Jan 31 2023)
When do taxes become delinquent? - Answer- February 1st
How much do you have to pay when your taxes are delinquent? - Answer- 7%
When is the last day to file 25.25D? - Answer- Jan 31st
What is PTAD? - Answer- Property Tax Assistance Division
What does ARB stand for and what is their role? - Answer- Appraisal Review Board
, A board of local citizens that hears disagreements between taxpayers and the appraisal
district about property taxability and value
What is the breakdown of tax revenue for Texas? - Answer- Property Tax: 45.2%
Sales & Gross Receipts Taxes: 44.3%
Other Taxes: 10.5%
What do taxes fund? - Answer- public schools, city streets, county roads, police
departments, fire protection, etc
What does Ad Valorem mean? - Answer- Property tax, Latin translation is "according to
[the] value"
What are taxing units/jurisdiction? - Answer- counties, cities, school districts, special
districts
What does the tax assessor/collector do? - Answer- calculate and creates tax bills,
issues tax certificates and collects taxes
What do appraisal districts do? - Answer- set values, administers exemptions which are
used in creating tax rolls for taxing units
who create the tax rate? - Answer- taxing units
Who hires the chief appraiser? - Answer- the appraisal district board of directors
Who are the appraisal district board of directors and who appoints them and what do
they do? - Answer- selected by taxing units
in counties with a population over 120,000, the county judge (also known as the chief
executive officer of the county) appoints members
they approve appraisal districts budgets
Who appoints ARB? - Answer- in populations less that 120,000 BOD selects them.
counties that exceed 120,000 the county administrative judge chooses them
What does the Texas Comptroller do? - Answer- ARB education
Procedure and Valuation Studies Audits
Texas Property Tax Code
Arbitration
Property Tax Forms and Manuals
What does TDLR stand for and what do they do? - Answer- Texas Department of
Licensing and Regulations
Questions and Answers Questions
with Solutions Newest | Already
Graded A+
How does the chief appraiser appeal ARB decision? - Answer- He must get a written
document with all the appraisal district board of director’s signatures approval
Who provides the learning material for ARB members? - Answer- Comptroller
Who pays the ARB members? - Answer- Appraisal District
What are the levels of trade? - Answer- 1. Primary producer
2. Manufacturer
3. Wholesaler
4. Retailer
How would you argue investment value in ARB for a recently sold hotel? (Investment
value typically > market value) - Answer- Buyer is willing to pay a premium because
they believe that the value will go up in future years, however market value is as of
January 1 of the current tax year. So the value should not be based off that sale price
because it was an investment, but not reflective of the current market value, or based
off the previous year.
25.25D what fraction of the corrected value will result in a reduction? What about the
percentage of the original value? - Answer- 1/3 of the corrected value
25% of the original value
Where is the Texas Property Tax Code located? - Answer- The Texas Constitution,
Article 8
What is SOAH and what is the benefit? - Answer- SOAH - State Office of Administrative
Hearing Appeals
Property value must be over $1,000,000
Filing deposit fee is $1,500.
SOAH is like litigation but without the discovery.
What are the four phases and dates of property tax calendar? - Answer- 1. January -
May: Appraisal Phase
2. May - June: Equalization Phase
3. July - September: Assessment Phase
4. October - January: Current Collection Phase
,When is the valuation of property? - Answer- January 1
Late Homestead Application deadline? Max amount of years late? - Answer- January 31
up to two years late
When do notices go out? - Answer- April 1st
When is BPP Rendition deadline? - Answer- April 15th
When are exemptions and special appraisals due? - Answer- April 30th
When is the last day chief appraiser can send out notices? - Answer- May 1st
When is the protest deadline? - Answer- May 15th
When does the ARB need to approve the appraisal records? (at least attempt) -
Answer- July 20th
When is the Certification of Roll Value by Chief Appraiser to taxing units due? - Answer-
July 25th
When is the last day to apply for Sept 1 alternative assessment date for inventory
appraisal? - Answer- July 31
What two days can inventory appraisal have as an assessment date? - Answer-
January 1 or September 1 if you apply
What is the alternate appraisal date for inventory? - Answer- September 1
When do taxing units have to set current year tax rates by? - Answer- September 30
When are tax bills sent out? - Answer- October 1
When are tax bills due? - Answer- January 31st following the tax year. (tax year 2022 is
due Jan 31 2023)
When do taxes become delinquent? - Answer- February 1st
How much do you have to pay when your taxes are delinquent? - Answer- 7%
When is the last day to file 25.25D? - Answer- Jan 31st
What is PTAD? - Answer- Property Tax Assistance Division
What does ARB stand for and what is their role? - Answer- Appraisal Review Board
, A board of local citizens that hears disagreements between taxpayers and the appraisal
district about property taxability and value
What is the breakdown of tax revenue for Texas? - Answer- Property Tax: 45.2%
Sales & Gross Receipts Taxes: 44.3%
Other Taxes: 10.5%
What do taxes fund? - Answer- public schools, city streets, county roads, police
departments, fire protection, etc
What does Ad Valorem mean? - Answer- Property tax, Latin translation is "according to
[the] value"
What are taxing units/jurisdiction? - Answer- counties, cities, school districts, special
districts
What does the tax assessor/collector do? - Answer- calculate and creates tax bills,
issues tax certificates and collects taxes
What do appraisal districts do? - Answer- set values, administers exemptions which are
used in creating tax rolls for taxing units
who create the tax rate? - Answer- taxing units
Who hires the chief appraiser? - Answer- the appraisal district board of directors
Who are the appraisal district board of directors and who appoints them and what do
they do? - Answer- selected by taxing units
in counties with a population over 120,000, the county judge (also known as the chief
executive officer of the county) appoints members
they approve appraisal districts budgets
Who appoints ARB? - Answer- in populations less that 120,000 BOD selects them.
counties that exceed 120,000 the county administrative judge chooses them
What does the Texas Comptroller do? - Answer- ARB education
Procedure and Valuation Studies Audits
Texas Property Tax Code
Arbitration
Property Tax Forms and Manuals
What does TDLR stand for and what do they do? - Answer- Texas Department of
Licensing and Regulations
