Smith County Appraisal District seeks applications for members

FROM Staff ReportS

People who own tangible personal property used to produce income must file a rendition with the Smith County Appraisal District.

A rendition is a report that lists all the taxable property owned or controlled on Jan. 1 of this year. Property includes inventory and equipment used by a business. Owners do not have to render exempt property, such as church property or an agriculture producer’s equipment used for farming.

“The appraisal district may use the information submitted in the rendition to set property values,” Chief Appraiser Carol McNeil said.

People can also file a report of decreased value to notify the appraisal district of significant depreciation of their property.

“For example, if your property was damaged by a storm, flood, or fire last year, you should file a report of decreased value. The appraisal district will look at your property before assigning a value,” said McNeil.

In January, Smith County Appraisal District mailed approximately 8,800 personal property renditions. The last day to file a rendition or report of decreased value is April 15.

People may file their rendition electronically for 2024 by visiting www.smithcad.org and selecting Electronic Communications/BPP Online Rendition.

A 10 to 50% penalty may be imposed if a rendition is filed late, incomplete, or not received. Property owners who need more time to file their renditions may file a written request with the chief appraiser on or before April 15 to receive an automatic extension to May 15. The chief appraiser may also grant an additional 15 days after the postponed deadline if necessary.

For more information about rendering property, deadline extensions, penalties and rendition forms, taxpayers may contact the Smith County Appraisal District at 903-510-8600.