Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board tables Fairfield Inn assessment appeal pending breakdown of $3.5 million PIP
Summary
The Vanderburgh County Property Tax Assessment Board of Appeals on Nov. 5 voted to table an appeal from La Posada Group LLC challenging the 2025 assessment for the Fairfield Inn and Suites at 7879 Eagle Crest Boulevard until the taxpayer provides a detailed breakdown and schedule for a planned improvement program (PIP).
The Vanderburgh County Property Tax Assessment Board of Appeals on Nov. 5 voted to table an appeal from La Posada Group LLC challenging the 2025 assessment for the Fairfield Inn and Suites at 7879 Eagle Crest Boulevard until the taxpayer provides a detailed breakdown and schedule for a planned improvement program (PIP).
The county told the board it had equalized hotel values across the class and set the new 2025 assessment at about $48,173 per room. County staff said they reviewed the motel's income and market indicators and were concerned the owner's reported expense ratio (about 85 percent) was substantially higher than market norms.
Brian (staff member) told…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
