Comptroller: Dark Store Commercial Appraisals = Corporate Welfare= Welfare Zombies!
The Comptroller lists the problems with dark store commercial appraisals in a supporter email as:
- the cost is carried by residential property owners
- homeowners cannot argue to ARBs that their proeprty is “too special” to value
- the appraisal playing field should be level
The cost of dark store appraisals:
- cost our local governments $2.6 billion annually within five years
- cost $1.2 billion in lost school property taxes
- cost of $703 million a year away from the Foundation School Program
Comptroller Glenn Hegar Op-Ed | Sinister-sounding dark store theory is corporate welfare