San Saba Central Appraisal District Passes 2019 Personal Value Study
The San Saba Central Appraisal District has passed the 2019 Property
Value Study (PVS) in all three school districts: San Saba ISD, Richland Springs
ISD and Cherokee ISD. Conducted by the State Comptroller, the purposes of the study are to measure the performance of the appraisal district and equalize school funding. By comparing the appraised
value to the market sales data, a ratio is derived. State law requires that appraisal districts
have a ratio of 95% or greater appraised value to market value. The ratios are studied by school district within
each county and school districts failing to meet the minimum 95% face loss of
state funds.
The appraisal district performs its own ratio study
annually to ensure that schedules used in the appraisal process are accurate
based on the latest market sales data. Sales
data is voluntarily reported by buyers and sellers of real property in San Saba
County and analyzed comparatively to appraised values. Ratios derived from the comparison guide the
changes to be made for the next tax year.
“Remaining in compliance and ensuring no loss of funding
for public schools in our county is a priority for our office,” said Jan
Vanderburg, Chief Appraiser.
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