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Solon board approves filing of four property valuation complaints, says potential revenue could top six figures
Summary
The Solon Board of Education voted to file four commercial property valuation complaint resolutions after staff cited large disparities between sale prices and auditor valuations; staff estimated roughly $94,500 in annual revenue if successful.
The Solon Board of Education voted Feb. 10 to file four property valuation complaint resolutions after district staff said recent commercial sales exceeded auditor valuations by the statutory threshold.
Board members approved the filings unanimously, following a presentation that identified large discrepancies between sale prices and assessed market values and estimated an annual revenue impact of approximately $94,500 if the district’s appeals succeed.
District staff described the process required by last…
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