Taxable Value Audits

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Understanding Texas Administrative Code 9.103: Audit of Total Taxable Value

Texas Administrative Code 9.103 outlines the procedures for the audit of the total taxable value of property in school districts. This regulation ensures that property values used to calculate school funding are accurate and fair. The audit helps confirm the property values reported by local tax assessors, which are crucial for determining state funding allocations to public schools based on property taxes. The accuracy of these audits directly affects the financial resources available to school districts, ensuring that they receive appropriate funding based on genuine local property values. This process not only supports equitable funding across districts but also upholds transparency and accountability in school finance.

Texas Comptroller of Public Accounts - Property Tax Assistance Division

The Texas Comptroller of Public Accounts Property Tax Division allows for invaluable Taxable Value Audit services to ensure equitable and accurate property value reporting across Texas school districts. These audits are crucial for confirming that school districts receive the appropriate amount of state funding based on current accurate property valuations, which directly influence the Texas Education Agency's school finance calculations.

Benefits to Texas Schools:

1. Equity in Funding: By verifying property values, these      audits ensure fair and equitable distribution of state educational funds,      helping schools receive their rightful share based on actual local      property values.
2. Financial Accuracy: Accurate taxable values mean that      school districts can rely on the consistency and predictability of funding      year over year, which is essential for budgeting and financial planning.
3. Compliance and Transparency: These audits reinforce transparency      in the property tax system, promoting taxpayer confidence in the accuracy      of school funding derived from property taxes.
4. Resource Allocation: With precise funding assessments,      schools can better allocate resources to critical areas such as teacher      salaries, student programs, and facility improvements.

The Taxable Value Audit services provided by the Texas Comptroller's Office play a pivotal role in ensuring that education funding is based on fair and accurate property assessments, supporting the financial health and operational stability of Texas public schools.

Our Team

With more than 25 years experience, our team has worked with hundreds of districts of all sizes resulting in billions in reductions to T2 value. Our client testimonies speak for our exceptional work, our professionalism as well as our reputation with the governing agencies of the taxable value audit service. 

All data being equal, no provider can net a district additional funding over another provider. The purpose of the audit is to assist the district in the regulated performance of the audit in order to ensure the district's T-values are the most accurate therefore resulting in potential additional funding through foundation, additional aid adjustments based on formulaic changes and reductions in revenue in excess of entitlement funds.