Acting Texas Comptroller Kelly Hancock reminds business owners that April 15 is the deadline to file property tax renditions with their county appraisal districts. Different deadlines apply for certain regulated property.
A rendition is a report that lists a business’s good faith estimate of value for its taxable inventory, furniture and fixtures, machinery, equipment and other property owned or managed as of Jan. 1 each year. The appraisal district may use the information reported in the rendition to set property values.
A rendition allows property owners to record their opinion of their property’s value and ensures the appraisal district notifies property owners before changing a recorded value. Exempt property, such as church property and equipment used for farming, is not subject to rendition.
