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Board of Equalization approves property adjustments, grants tax exemptions including 90% for downtown community group
Summary
The McPherson County Board of Equalization approved several assessment corrections and owner-occupancy changes and set tax-exemption percentages for two applicants, including a 90% exemption for a downtown community development organization.
The McPherson County Board of Equalization approved a series of assessment adjustments and tax-exemption decisions during its meeting, including a reduction in a farm-house value after a January fire and a 90% tax exemption for a downtown community development organization’s lot and office space.
The decisions affect property owners who appealed assessments and nonprofit applicants seeking partial tax exemptions; commissioners addressed stipulations, ownership corrections, owner-occupied designations and exemption percentages.
On a stipulation for a rural property described as Castle Farm south of town,…
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