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Section A: General News


La Vernia area leads county in home values




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Wilson County News
August 28, 2013 | 2,599 views | 3 comments

By now, officials from all the taxing entities within the Wilson County News’ coverage area have published their proposed budget and tax-rate computations for the coming fiscal year, based on the taxable values certified by various appraisal districts.

When it comes to the average taxable value of a home in Wilson County, taxpayers in the La Vernia area will notice the greatest difference. Within the city of La Vernia, the average taxable value of a home rose from $140,787 in 2012 to $146,025 this year -- an increase of 3.72 percent, according to values certified by the Wilson County Appraisal District in late July.

The Wilson County Emergency Services District No. 1, which funds fire protection in that area, noticed a similar increase. Homes within the ESD saw an average increase in taxable value of 3.55 percent. Last year, the average home had a taxable value of $174,139. In 2013, that number has risen to $180,325.

Among entities that saw decreases in the average taxable value was the Ecleto Water District, which dropped 3.74 percent from $105,002 in 2012 to $101,080 this year.

Eagle Ford impact

With regard to net-taxable values for entire entities, areas within the Eagle Ford shale oil and natural gas play are seeing dramatic increases in their tax rolls. Perhaps the most noticeable is the Falls City Independent School District (ISD), which straddles the Karnes-Wilson county line. Properties in the Wilson County portion of the district had a net-taxable value of $13,581,921 in 2012. For the current tax year, that figure has skyrocketed 193.34 percent to $39,840,639.

In the Karnes County portion of the Falls City ISD, the Karnes County Appraisal District set the net-taxable value of properties at $700,831,421 for 2013 -- 60.41 percent higher than 2012, when the net-taxable value was $277,445,396. The increased values have sent the Falls City ISD over the state’s Chapter 41 tipping point for wealth recapture, with a special election being held Nov. 5. (See “‘Robin Hood’ strikes FC schools,” July 31.)

A similar situation is unfolding in the Nixon-Smiley Consolidated ISD, which straddles the Wilson-Gonzales county line. While Superintendent Cathy Booth said her district has not yet reached the Chapter 41 threshold, she is bracing for what lies ahead in 2014. The Gonzales County Appraisal District certified the net-taxable value of properties in that county’s portion of the district at $847,570,890 for 2013 -- up 69.46 percent from $258,846,620 in 2012.

The Wilson County portion of the Nixon-Smiley Consolidated ISD has risen 6.29 percent. In 2012, property there had a net-taxable value of $16,042,358. This year, that same property now has a net-taxable value of $17,052,087.

For a complete listing of taxing entities within the newspaper’s coverage area, refer to the table on page 11A.
 

Your Opinions and Comments

 
The Knowledgebox  
Doghouse  
August 30, 2013 10:51pm
 
Those damn "evil" 'earl' companies.

 
7th Generation La Vernian  
La Vernia  
August 29, 2013 12:04pm
 
Enough...yes! Only thing is I heard the oil companies are starting to look at LV to run test wells for the deeper oil that is under the present oil reserves.

 
Enough is Enough  
La Vernia  
August 29, 2013 10:05am
 
This is because we here in LV take care of our city and we took back our city and school district. We have so many people moving into our city and we are building houses for sustainable growth, not RV parks and hotels. We look ... More ›

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Section A: General News Archives


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