Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Board Of Equalization topic
No spam. Unsubscribe anytime.
Council ratifies board of equalization decisions and reviews 2024 appeals summary
Summary
Summit County Council, sitting as the Board of Equalization, ratified hearing officer decisions and assessor stipulations for properties on the BOE list and received a year-end summary reporting 2,255 appeals processed in 2024 and a reported $11,500,000,000 taxable-value decrease.
Summit County Council on Wednesday ratified hearing officer decisions and assessor stipulations presented to the county Board of Equalization, and heard a year-end summary of 2024 appeals that county staff said will affect taxable values used in next year’s budget preparation.
Councilmembers moved and seconded to ratify the recommendations and approve the stipulations presented by the assessor’s office; the motion passed with no recorded opposition. The council also received an informational recap of 2024 BOE activity, including the number of appeals processed and aggregate adjustments.
The BOE packet included five properties the staff marked as “significant adjustments” for the council’s ratification; the packet included hearing officer write-ups for cases that went to hearing and assessor stipulation notes for negotiated settlements. Chase Black, identified in the meeting as the presenter from the assessor’s office, walked the council through one example in which an initial notice of value listed at about $11 million was reduced to a value the hearing officer sustained at approximately $8.7 million after assessor adjustments and the hearing process. Black said assessors sometimes lower an initial value after reviewing evidence and that some appellants then request a hearing to seek further reduction.
County staff reported the following figures from the BOE year-end summary: 2,255 appeals processed in 2024; 695 appeals were exemption or primary/nonprimary exemption types; 1,560 were valuation (market-value) appeals; about 24% of appeals requested an independent local hearing; 159 hearings were scheduled; and roughly 61% of properties that went to hearing had the original assessed value sustained, with 39% receiving some adjustment. The presenter said the BOE’s aggregate taxable-value decrease for 2024 was reported in the presentation as $11,500,000,000.
Councilmembers asked how those adjustments are treated in next year’s budget process; staff said departments incorporate expected BOE adjustments when preparing budget requests and that budget sheets are due to the county soon. The year-end recap was presented for information only; no additional action was requested beyond the ratification of hearing officer decisions and stipulations.
The council completed the BOE business and returned to its regular county-council agenda.
