What does the ARB do after hearing evidence from both parties in a protest?

After the Appraisal Review Board (ARB) hears evidence from both the property owner and the appraisal district in a protest hearing, it is required to make a decision based on the presented evidence. The correct action taken by the ARB is to notify the taxpayer of their decision through a written order, often referred to as the Notice of Decision (NOD). This notification is crucial as it formally communicates the outcome of the protest and provides the taxpayer with documentation outlining the decision made regarding their property’s assessed value.

The other options do not align with the standard process following a hearing. For instance, holding a further hearing for additional evidence would be unnecessary if the ARB has already heard the arguments and evidence presented. Additionally, issuing a temporary ruling pending further examination is not part of the typical procedure; the ARB's function is to arrive at a decision based on the evidence presented during the hearing. Automatically adjusting the property’s assessed value would undermine the purpose of a protest, which is to allow both parties to present their cases and ensure that the assessed values are justified based on relevant evidence. Thus, the protocol dictates a clear and definitive notification of the decision rather than any open-ended actions.