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SMITH COUNTY APPRAISAL DISTRICT TO PARTNER WITH OTHER COUNTIES TO PURCHASE MASS APPRAISAL SYSTEM

August 6, 2018

Tyler, Texas (August 2018) –  The Smith County Appraisal District has recently entered into an Interlocal Agreement with two other counties to purchase a comprehensive computer assisted mass appraisal system. The District selected GSA as the provider of all hardware, software and professional support. Smith County Appraisal District selected Government Capital Corporation to provide the unique financing. The installation should be completed within the next 18 months.

Mr. Michael Barnett, Chief Appraiser stated, “This financing and the project was streamlined with the expertise and experience of our financing partner, Government Capital Corporation.”

“The enhanced reliability and functional capabilities of the new mapping program should meet the needs of the Appraisal District for many years. We take great pride in being able to provide financing for a project of this significance to the District” stated Stephanie Cates, Relationship Manager.

About Smith County Appraisal District

Established in 1979, Smith County Appraisal District in Tyler, Texas, is responsible for approximately 180,000 properties and covers an area greater than 900 square miles.  They are responsible for appraising all real and business personal property for the purpose of ad valorem tax assessment on behalf of 24 taxing entities.  For more information, visit smithcad.org.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of project financings in Texas and across the nation. For more information, visit govcap.com.

 

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Filed Under: Government, Press Releases

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