| Ground for Objection Number |
Category | Property ID Number |
Grounds for Objection |
|---|---|---|---|
| 1 | A | 9586 | Inaccurate Finding: PTAD's total appraised value of the property Inaccuracy of Finding: $10,000 land value assigned by PTAD is too high Accurate Finding/Change Sought by Protest: appraised value of property should be $55,000.00 by decreasing land value to $5,000.00 Basis for Claim of Inaccuracy: MLS data regarding vacant land sales reflects lower land value than that assigned by PTAD Documentary Evidence Supporting Allegation of Inaccuracy: copies of MLS data regarding vacant land sales |
| 2 | A | 9586 | Inaccurate Finding: PTAD's total appraised value of the property Inaccuracy of Finding: effective age of 30 assigned by PTAD is too low Accurate Finding/Change Sought by Protest: effective age should be 45 Basis for Claim of Inaccuracy: review of property attributes reflects a higher effective age than that assigned by PTAD Documentary Evidence Supporting Allegation of Inaccuracy: CAD appraisal card reflecting property attributes; photographs of property |
| 3 | G | TXO01 012345 |
Inaccurate Finding: PTAD's appraised value of property Inaccuracy of Finding: PTAD's oil production volume as of the January 1, 2011 appraisal date is incorrect. Accurate Finding/Change Sought by Protest: The oil production volume as of the January 1, 2011 appraisal date is 2,935 barrels per month. Basis for Claim of Inaccuracy: the oil production volume averaged 2,935 barrels per month during the 4th quarter of 2010 Documentary Evidence Supporting Allegation of Inaccuracy: Historical oil production data in tabled format, oil production volume calculations and an oil decline rate graph depicting the 2,935 barrels per month production volume as of the January 1 appraisal date |
| 4 | J | 54321 | Inaccurate Finding: PTAD's value is too high. Inaccuracy of Finding: The future projected NOI is too high. Accurate Finding/Change Sought by Protest: NOI should be $1,900,000 Basis for Claim of Inaccuracy: Prior income shows a declining NOI. Documentary Evidence Supporting Allegation of Inaccuracy: FERC reports for past three years |