School districts may use the PVS to monitor the performance of their county appraisal district. Texas bases its funding on the total taxable property value within each school district, as determined by the PVS. The Chief Appraiser of each county appraisal district (CAD) determines local property values and school districts set tax rates that determine the amount of local tax revenue. Texas funds public education through state and local funds. The primary purpose of the PVS is to help ensure equitable distribution of state funding for public education. You can check out the complete reports below:Ģ021 Comptroller School District Property Value Study Primary Purpose The findings show that the District’s overall median level of appraisal is 100% of market value. This biennial review tests the accuracy, equity, and uniformity of the District’s appraisals, and is used to determine our local school districts’ state funding. We are pleased to announce that the Appraisal District’s preliminary results from the Comptroller’s 2021 Property Value Study (PVS) and Appraisal District Ratio Study found the appraisal district to be in compliance with statutory requirements of market value appraisal. 2021 Comptroller Property Value Study and Appraisal District Ratio Report

2021 cad