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BOE approves assessors reclassification and adjustment for Dales Incorporated office parcel
Summary
The Board adjusted the assessed classification and accepted an assessor recommendation to lower the improvement value for Dales Incorporateds Fourth Street office building (parcel as listed in the record). The board approved the assessors recommended change to classify the building as general commercial rather than office.
The Bannock County Board of Equalization accepted the assessors recommendation to reclassify and reduce the assessed improvement value for a Dales Incorporated property on Fourth Street (parcel identifier recorded in the hearing as RP RPPRC 215600).
Jason of the assessor's office described the property as an older block-front building serving as an office but said its appearance and the lack of an interior inspection supported reclassifying it from general office to general commercial. Jason told the board, in part, that “we actually felt that we could probably better reclassify this as general, commercial rather than general office.” He also noted that without an interior inspection some differences in classification could be missed.
The assessor recommended lowering the improvement value and presented a recommended adjusted assessed value to the board. The board moved to adopt the assessors recommendation, with the recorded motion adjusting the assessed value per the assessors analysis and applying the adjustment to the improvements rather than to the land. The motion passed by voice vote.
The hearing record indicates the adjustment reduces the assessed improvement value (motion language and numeric amounts as given in the hearing record). The assessors recommendation and the boards action were described as adjustments to the improvement; the land value was left unchanged in the assessors recommendation.
