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Assessed property valuations could affect school funding

The Lamesa school district is facing the possibility of losing $800,000 to $1.4 million per year because the local appraised values for taxable property are sharply lower than what the state says they should be.The district filed an appeal in an effort to settle the discrepancy between local and state appraised values. But the appeal was denied because property here apparently is selling for much more than it is appraised locally.An attorney representing the school district in that appeal said their findings appear to match the state’s claim that local appraised values are about 35-40 percent lower than the actual ...

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Lamesa Press-Reporter

P.O. Box 710
Lamesa, TX 79331
806-872-2177