By BARBARA GREEN
The staff of the Montague County Tax Appraisal District has fielded hundreds of phone calls since notices of appraised property value went out two weeks ago as owners question perceived possible losses in their homestead exemptions.
Chief Appraiser Kim Haralson said while the wording has been in place since 2019 when the Texas Legislature made sweeping changes in the way values are presented and documented, this has been the first year so many have questioned it or confused it with their homestead exemption.
That was the number one question to the staff: “Why has my homestead exemption gone down?” The chief appraiser said the confusion comes from the mandated wording calling what was previously called “capped value,” now called homestead savings, but does not apply to homestead exemptions at all.
Read the full story in the mid-week Bowie News.