Grayson Central Appraisal District

512 North Travis, Sherman, TX 75090
Phone: (903)-893-9673
Fax: (903)-892-3835

Grayson Central Appraisal District News Release

            For additional information contact GCAD, (903) 893-9676                                ________________________________________________________________

ATTENTION PROPERTY OWNERS

 GENERAL RESIDENTIAL HOMESTEAD EXEMPTION

Persons who own and occupy their primary residence on January 1, 2013, may claim their home as a residential homestead.  The filing of this document is only necessary if the homeowner has changed homesteads since January 1, 2012 or has become eligible for additional exemptions as described below in this publication:

All applications submitted MUST included:

1) a copy of the applicant’s driver’s license or state-issued personal identification certificate; and

2) a copy of the applicant’s vehicle registration receipt; or

a) if the applicant does not own a vehicle, an affidavit to that effect signed by the applicant; and

b) a copy of a utility bill in the applicant’s name for the property for which exemption is sought.

Additionally, by law, an application may not be approved for exemption unless the address on the driver’s license or state-

issued personal identification certificate corresponds to the address on the applicant’s vehicle registration receipt or utility bill AND the address indicated on the application form for which exemption is sought.

Any property owner who received allowances or for which they were not entitled, must notify the Grayson Central Appraisal District in writing before May 1, 2013.

PERSONS WHO ARE OVER 65 YEARS OF AGE OR DISABLED PERSONS

Texas residents reaching 65 years of age may file for additional exemptions for their residential homestead if they become 65 during 2013.  Requirements regarding application standard attachments are listed above. Texas residents who are disabled as provided by the Social Security Act are entitled to additional exemptions on their residential homestead.  Disabled applicants must furnish a determination letter from Social Security.   Disabled and Over-65 persons are also eligible to defer paying the tax on their residential homestead.  The taxes continue to accrue during the deferral along with an interest rate of 8% annually, but no attempt will be made to force payment during the deferral.  Taxes become due when the property no longer qualifies for your homestead.  Details and an application may be obtained from the Grayson Central Appraisal District.

100% DISABLED VETERANS EXEMPTIONS

Veterans who are 100% service connected disabled and who receive from the US Dept of Veterans Affairs (1) 100% disability compensation; and (2) a rating of 100% disabled (or) a determination of individual unemployability from the US Dept of Veterans Affairs.  Applicants must furnish an award letter issued by the US Dept of Veteran’s Affairs confirming these qualifications. This exemption may be carried on the veteran’s residence homestead only and is extended to a surviving spouse of the veteran effective 2009.  Other restrictions may apply.

DISABLED VETERANS NOT RECEIVING COMPENSATION or 100% RATING

Veterans who have been declared partially disabled on a percentage award basis by the US Dept of Veteran’s Affairs are eligible for additional exemptions on property they own.  This must be a service connected disability.  Applicants must furnish a declaration letter from the Veteran’s Administration showing their disability percentage rating.  This exemption may be extended to qualified spouses and survivors of deceased disabled veterans and veterans who died on active duty.

FARM AND RANCH OWNERS

Farmers and ranchers may be entitled to receive an alternate method of appraisal determined by the farm income to the property.  This method is available to farms and ranches commercially raising crops or livestock or which are used as a wildlife habitat under State guidelines. You must resubmit your agricultural application if you (1) have sold acreage which received an agricultural allowance for the previous year (2) you have purchased additional acreage and wish to claim agricultural use for the current year, or (3) are requested to file by the Chief Appraiser.

AGRICULGURAL APPRAISAL APPLICATIONS

If you were mailed an application form to submit for 2013, you must complete and file the application with the Grayson Central Appraisal District by April 30, 2013 or you will lose the agricultural allowance.  Any property owner who received allowances or for which they were not entitled, must notify the Grayson Central Appraisal District in writing before May 1st.   

REAL PROPERTY RENDITIONS

A “Rendition” is a report to the appraisal district that lists all the taxable property you owned and controlled on January 1st.  Your rendition gives your opinion of your property’s value, correct mailing address and any significant information you wish to share regarding your property’s condition.  The appraisal district must notify you in writing of any value change and explain how you can protest the value to the Appraisal Review Board.  Rendition filing deadline is April 15h 2013.

BUSINESS PERSONAL PROPERTY RENDITIONS

If a business owns tangible personal property that is used to produce income, the business must file a rendition with the Grayson Central Appraisal District by a specific date.  Personal property includes inventory and equipment used by a business.  State law requires the filing of a rendition declaring what types of business personal property that a person or company owns.  Failure to file the rendition will result in a 10% penalty.  If a fraudulent rendition is filed a 50% penalty is mandated.  Rendition filing deadline is April 15h 2013.

NON-PROFIT CHARITABLE ORGANIZATIONS

Non-profit charitable organizations that meet statutory requirements for (1) the use of the property and; (2)  the charitable organizational purpose, my seek property tax exemption and must make application to the Grayson Central Appraisal District by a

specific date.

BUSINESS ABATEMENTS, POLLUTION CONTROL, FREEPORT, GOODS-IN-TRANSIT

Businesses that receive tax abatements granted by taxing units, firms that ship inventory out of Texas, and businesses that acquire pollution control property may also be eligible for statutory exemptions.

APPRAISAL NOTICES

If a taxpayer’s property value increased in the last year, the Texas taxpayer will receive a notice of appraised value from the appraisal district.

PROTESTING PROPERTY APPRAISAL VALUES

Property owners who disagree with the appraisal district’s appraisal of their property may protest their property value to the appraisal district’s appraisal review board (ARB).

PROPERTY TAXPAYER REMEDIES

This Comptroller publication explains in detail how to protest a property appraisal, what issues the appraisal review board (ARB) can consider and what to expect during a protest hearing. The publication also discusses the option of taking a taxpayer’s case to district court or entering into binding arbitration if the taxpayer is dissatisfied with the outcome of the ARB hearing. Property Taxpayer Remedies

 

 

All property tax forms, applications and affidavits are available through our website or by contacting the:   Grayson Central Appraisal District, 205 N. Travis St., Sherman, Texas 75090, Ph:  903-893-9673, Fax:  903-892-3835.

 

Additional information is also available from the State Comptroller’s Property Tax Assistance Division website  or by contacting the Texas Comptroller’s Property Tax Assistance Division at (800) 252-9121.

END OF RELEASE