Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Property Valuation topic
No spam. Unsubscribe anytime.
Polk County Board of Equalization approves valuation changes on 152 protested parcels
Summary
On July 23, 2024, the Polk County Board of Equalization in Osceola approved assessor-recommended valuation changes on 152 protested parcels — including removing leasehold valuations on 95 lake lots — and approved the assessor's tax-list correction and assessment plan.
The Polk County Board of Equalization voted July 23 in Osceola to adopt assessor or contracted-appraiser recommendations resolving 152 valuation protests filed for the 2024 assessment year. Board actions included lowering assessed values on some parcels, leaving others unchanged, and removing leasehold valuations on lake lots.
Board member Boruch moved to accept the Assessor's or the contracted appraiser's recommendations for protests that did not involve improvements on leased lake lots; the motion, seconded by Boss, resulted in lower valuations on 39 parcels and no change on 18 parcels and passed by roll call (Boruch, Boss, Westring: ayes). In a separate motion, Boruch moved to remove the leasehold interest valuation on parcels with improvements on leased land on Polk County lakes; Boss seconded and the Board approved reductions on 95 parcels (Boruch, Boss, Westring: ayes).
Assessor Krance presented the parcel-level outcomes and supporting figures. Examples recorded in the meeting packet include Lindburg Farms (NE 1/4 16-13-2) with a lowered valuation to $3,074,840; Brett Yochum's N1/2 SE1/4 (15-acre tract) lowered to $1,958,145; and multiple Duncan Lakes and Ernst Lake lots for which leasehold valuation was removed. The Board's motions and the parcel list together account for the full 152 protests described at the start of the session (39 lowered, 18 unchanged, 95 leasehold removals).
During the same meeting, Assessor Krance presented the statutorily required three-year Plan of Assessment and Tax List Correction #991, which adjusted taxes for a parcel appealed to TERC in 2023 after a confession of judgment reduced its valuation. A motion by Boss to approve the tax-list correction was seconded by Westring and passed unanimously.
Westring moved to approve updated values for properties identified as overvalued, undervalued, or omitted after the county abstract submission; Boss seconded and the motion passed by roll call. The county will send valuation-change notices to affected property owners.
The Board recorded roll-call votes for the motions; where recorded, each formal motion passed with the three members present voting in the affirmative. The meeting packet lists individual parcel decisions; the Board did not revise or reopen parcels beyond the items on that published list.
The Board adjourned at 3:50 p.m.
