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Board of Equalization upholds, modifies multiple state-assessed values; US TelePacific unitary value partially reduced
Summary
At its Dec. 16 meeting the Board of Equalization approved a series of state-assessed and county-assessed appeal recommendations, including a partial grant that revised US TelePacific’s unitary value and multiple denials of petitions where the petitioner did not meet the burden of proof.
The Board of Equalization on Tuesday adopted staff recommendations in a batch of state-assessed property appeals, approving agreed adjustments and rejecting petitions where appellants failed to meet evidentiary burdens.
Jack McCool, chief of the State Assessed Properties Division, told the board Revenue and Taxation Code section 4876 allows correction of the state assessment roll and framed the staff recommendations. Appeals attorneys presented summary decisions for each nonappearance adjudicatory matter and asked the board to adopt their recommendations.
In a notable outcome, the board partially granted US TelePacific Corp.’s petition, adopting a revised unitary value of $62,100,000 after appeals counsel recommended a partial grant that included a $30,700,000 reduction in…
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