The Bains

ranch or timberland!  PRODUCTIVITY APPRAISAL is based on ability to produce crops, livestock or timber – not its market value.  Can be a substantial savings.  Must apply before May 1 or an extension could be done.  You must show that the land produces income or will in the future.  Usually do not have to reapply each year, unless a status change. For more information call Smith County Appraisal District at 903-510-8600 OR Texas Comptroller Susan Coombs, Property Tax Assistance Division in Austin at 800-252-9121, Ext. 2.