Property tax assessments for homes were increased by 13.1% for the tax year 2021, based on a review of 13,299 homes valued by the Nueces Appraisal District. Homes valued at $1 million or higher had the largest increases, an average of 14.6% higher than 2020. Review of 13,299 homes valued at $300,000 or indicates an increase in assessed value of $5.6 billion, up 12.1% from $6.2 billion in 2021. Total property taxes for 2021 for homes valued over $300,000 would total $173.5 million, based on a 2.7% tax rate before considering homestead exemptions. Nueces has 531 homes valued at $1 million or higher. They are valued at $0.74 billion in 2021, up from $0.65 billion in 2020. Values were increased for 434 homes, reduced for 77 homes, and remained flat for 20 homes. Homes valued at $300,000 to 500,000 increased from $3.17 billion in 2020 to $3.5 billion in 2021, an 11.1% increase. Of the 9,586 in this price range, values were increased for 8,899, reduced for...