Kenny Boy Gets Tax Break

Apparently, Kenny "Boy" Lay successfully petitioned for a tax break.

http://www.hcad.org/cgi-bin/AV/AVDetail.asp?taxyear=2004&acct=1155780330001

It appears that the County lowered the appraised value of his residence by $2,057,800.


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Owner Name : LAY KENNETH L & LINDA P
Ownership History...
Owner Address : 2121 KIRBY DR UNIT 137
HOUSTON TX 77019-6069
Property Address : 2121 KIRBY DR
HOUSTON TX 77019

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Legal Description : UNIT 33 FLOOR 33
.03057 INT COMMON LAND & ELE
THE HUNTINGDON CONDO 17TH AMND
State Class Code : A1 -- Real, Residential, Single-Family
Homestead Exemption : H -- Residential Homestead Exemption
Special Exemption : --
Disabled Veteran Exemption(s) : --
Jurisdiction Codes : 001 040 048 061 852
Overlapping/Shared CAD : No Notice Date : 6/24/2004
Capped Account : No ARB Approved : 9/10/2004
Hearing Scheduled : 8/19/2004 2:10:00 PM Value Status : All Values Certified

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Your taxes will be based on Appraised Value, less applicable exemptions, if any.
Use market value for comparison with your neighbors.
The appraised value below will reflect the homestead cap if applicable.


Valuation 2003 Appraised Change 2004 Appraised 2004 Market Value
Land : 1,494,000 -577,800 916,200
Improvement : 5,385,800 -1,480,000 3,905,800
Ag/Tmbr/Spc : 0 0 0
Total Value : 6,879,800 -2,057,800 4,822,000 4,822,000

just what he needed.

It boggles my mind that information this easily obtained is not all over the front page.