LOCAL NEWS
05:51 PM CST on Thursday, December 16, 2004
Enron founder Ken Lay will be paying less in property taxes this year,
that's because he got a $2 million break in his property tax assessment.
AP Former Enron Corp. chairman Kenneth Lay
11 News obtained a copy of his property appraisal protest. The Harris
County Apprasial District originally listed the worth of Lay's high-rise
home near River Oaks at nearly $7 million.
He fought it in August and won.
Instead of $6.879 million, Lay will pay taxes on property valued at
$4.822 million.
The Appraisal district reported the new appraisal is comparable to other
units in the high-rise where Lay lives.
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