Happened to look at the renewal for my beater pickup, a 96 F150 V6 2WD. "TX VAL" (taxable value?) listed as 12830. I might get 5K for it on a good day in a private sale.

ownership tax is only $3, most of if ($75.67) is the democrap-inflated license fee they've been using to get around tabor and pump up the general fund for their pet projects, but really?

Where do they come up with this assessment? Is there any way to appeal it, and would it do any good to get it reduced?

ETA - OK, so that was the "original sale price" of the vehicle, and the ownership tax is a prorated amount of that, capped at a minimum $3 after 10 years.