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Local board of equalization adjusts several assessments after property owner appeals
Summary
At a consolidated local board of equalization session the council set revised assessed values on multiple properties after owner appeals and stipulations with the county assessor; decisions included reductions and stipulation approvals.
The local board of equalization, convened as part of the council meeting, reviewed nine appeals and stipulations and approved several assessment changes and stipulations for 2024/2025 tax rolls.
Key decisions included: a recommendation to reduce the assessed values on two parcels owned by Peterson Properties (motions made for a very low valuation because the owner cited litigation and lack of usable value), a reduction of an assessed residential…
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