Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Property Tax Appeals topic
No spam. Unsubscribe anytime.
Bannock County Board of Equalization upholds assessor values for multiple property appeals
Summary
The Bannock County Board of Equalization voted to uphold assessed values on several appealed parcels and recorded an administrative correction after a site inspection found a house removed from the tax rolls.
The Bannock County Board of Equalization on Oct. 26, 2025, voted to uphold assessed values for several appealed parcels and recorded an administrative correction after a field inspection found a demolished house.
At the start of the hearing, a representative of the Bannock County Assessor's Office described the appeal filed on behalf of Pocatello Tele Hospital LLC and said the county's valuation staff recommended upholding the assessor's value. "They applied a lot of additional depreciation and considered the buildings far older than they are," the assessor's office representative said, adding the department found the buildings to be "of above average upkeep and maintenance" and that staff could not justify the heavier depreciation the appellant used. The board then moved to uphold the assessor's value for Parcel RPRPCPP087107 and approved the motion.
The board also accepted an assessor recommendation to adjust the improvement value on a parcel to $8,727,000 (parcel reference in the record: RP RPTCP000801). The assessor's recommendation was read into the record and the board voted to adopt the adjusted value.
An appellant representative (sworn in during the meeting) spoke on behalf of Jacob Grant Forever Fund LLC about two residential rental parcels, describing comparables used by the county and asking the board to uphold the assessor's values. The board voted to uphold the assessor's valuations for Parcel RPRPPLT002103 and RPRCHTS008900.
For Hux Holdings LLC, county staff reviewed comparable properties and recommended maintaining an assessed value of $459,310 for Parcel RPRCBBA003604; the board approved that recommendation.
Separately, staff reported a site inspection of a parcel ending in "400" where a house had been removed. Staff said the building no longer exists, that taxes were prorated for the first quarter, and that the structure will be removed from the rolls for the 2026 assessment year. The board noted that inspection and the intended 2026 removal on the record.
Votes at a glance: The board recorded motions to uphold assessor values or adopt assessor recommendations on four contested parcels (Parcel RPRPCPP087107; RP RPTCP000801 adjusted to $8,727,000; Parcel RPRPPLT002103 and RPRCHTS008900; Parcel RPRCBBA003604 at $459,310). Each motion passed on voice vote with all members saying "aye." The administrative finding about the demolished house was recorded following staff inspection and will be reflected in the 2026 roll.
The hearing covered primarily valuation methodology (including the assessor's rejection of depreciation methods the appellants used for income-tax purposes), the availability of recent comparable sales for small rental properties, and administrative-roll corrections following a site inspection. No ordinances, statutes, or new policies were adopted at the hearing.
