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Board approves settlement values for case 121; adjusted roll values set at $449,206

5388885 · May 9, 2025
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Summary

In a brief hearing on May 9 the Board of Equalization approved a settlement for case 121 (542 Karl Crossman Road), accepting a negotiated adjusted assessed value of $449,206 (land $28,500; improvements $420,706) and agreed to issue written findings.

The Fairbanks North Star Borough Board of Equalization on May 9 accepted a settlement and adopted findings for case 121, representing property at 542 Karl Crossman Road. The board approved the adjusted assessed value of $449,206, composed of $28,500 for land and $420,706 for improvements.

Deputy assessor Ryan Danhauser presented the assessing staff’s settlement recommendation and the board had no substantive questions. Board member Ferguson moved to accept the recommended adjusted assessed value and the written findings of fact and conclusions of law; the motion was seconded and carried by recorded vote of the board.

The clerk will mail the board’s written findings and conclusions to the appellant and to the assessor’s office as required by board procedure. The board moved on to review appeals scheduled for its next meeting.

Sources: presentation of assessing staff for case 121 and board roll-call vote during the Board of Equalization meeting, Fairbanks North Star Borough, May 9, 2025.