Smith County Appraisal District Property Tax Lawsuit Summary

SmithCAD 2022 lawsuits filed regarding ARB determinations	Lawsuits
# Lawsuits Filed on ARB Values	22
# Lawsuits Filed for Houses on ARB Values	0
# Lawsuits Filed for Multifamily / Apartments on ARB Values	0
# Lawsuits Filed for Commercial on ARB Values	21
# Lawsuits Filed for Industrial on ARB Values	1
# Lawsuits Filed for Utility on ARB Values	0
# Lawsuits Filed for Oil & Gas on ARB Values	0

SmithCAD 2022 property value involved in Lawsuits as determined by the ARB	certified property value
ARB Value of All Lawsuits Filed	$130,379,789
ARB Value of All Lawsuits Filed for Single-Family / Houses	$760,892
ARB Value of All Lawsuits Filed for Multifamily	$12,176,589
ARB Value of All Lawsuits Filed for Commercial	$66,310,430
ARB Value of All Lawsuits Filed for Industrial	$51,131,878
ARB Value of All Lawsuits Filed for Oil & Gas	$0
ARB Value of All Lawsuits Filed for All Other Types	$0

SmithCAD 2022 Appraised value invoved in lawsuits that were resolved	Appraised Value
$ Value All Accounts Settled Current Year	$84,682,891
$ reduction All Accounts Settled Current Year	$9,065,825
% Reduction All Accounts Settled Current Year	11%
$ Reduction Property Tax Lawsuits for Houses Current Year	$7,963
$ Reduction Property Tax Lawsuits for Multifamily Current Year	$282,802
$ Reduction Property Tax Lawsuits for Commercial Current Year	$0
$ Reduction Property Tax Lawsuits for Industrial Current Year	$0
$ Reduction Property Tax Lawsuits for Utility Current Year	$892,480
$ Reduction Property Tax Lawsuits for Oil & Gas Current Year	$0
$ Reduction Property Tax Lawsuits for All others Current Year	$0