As appraisal notices are mailed to businesses in Tarrant County (Fort Worth, Texas), officials believe the computer problems that have plagued the district have been largely resolved.
The Tarrant Appraisal District (TAD) converted its early 1980s main-frame based computer assessment system to a more modern system in 2014. The transfer of 1.6 million property records created a slowdown in the assessment of millions of dollars in properties for 2015. It also created many errors.
Then in 2016, many property owners saw value increases of 14% and more, as officials tried to correct the under-valuations from 2015. The result was a record 103,000 appeals.
Officials are hoping the 2017 appraisal year will be better than the past two years.
"We expect it to go much smoother this year because we're seeing much cleaner data now," said Tarrant County Tax Assessor-Collector Ron Wright. "We're not out of the woods; we still have a lot of work to do but we don't expect to have the problems we had last year."
Property value increases are being reported across-the-board for commercial, multi-family, warehouse, and office properties this year. Retail and shopping center values are relatively flat. The increases will likely trigger another heavy protest season.
Taxpayers who received their appraisal notice by May 1 have an appeal deadline of May 31. Some notices may be delayed until June or July.