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Buncombe County board waives $769.66 late‑filing penalty for equipment rental company
Summary
The Buncombe County Board of Equalization and Review voted to waive a $769.66 late-listing penalty for General Equipment Rental Inc., citing an embezzlement-related bookkeeping lapse and storm-related disruptions.
At its meeting July 14, 2025, the Buncombe County Board of Equalization and Review voted to waive a $769.66 late‑listing penalty assessed to General Equipment Rental Inc. after the company filed its business personal property extension one day late.
The board’s decision followed testimony from Craig Franzie, who said he runs General Equipment Rental and that the business missed the Jan. 31 extension deadline after discovering embezzlement by the company’s bookkeeper amid…
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