As many of you are probably already aware, appraisal districts have sent out property tax notices, with many of them maxing out their increase in values and tax. With this being the case, we wanted to be sure that you were aware that homestead exemption filings are due April 30th in Lubbock. Due to COVID-19 restrictions, LCAD is allowing the application to be filed online. To do so, just go to their website, and follow the online homestead exemption filing outlined on the left side of the page. Click here for a direct link to the instructions as well.
Additionally, the appraisal district has increased many values on commercial property as well. We have seen some increases up to 85%, and this is during a global pandemic. If you are in need of consulting regarding your property tax appraisals and appeals, please reach out to us.