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Board upholds county’s assessed value for Lakota R. Denton business personal property
Summary
The board voted to accept the county’s calculation and leave the assessed business personal property value for Lakota R. Denton, P.A., at $2,066 after the county explained it used state trend factors to depreciate listed assets.
The Buncombe County Board of Equalization on June 22 voted to accept the county’s recommended assessed value of $2,066 for the business personal property listing filed by Lakota R. Denton, P.A.
A county presenter summarized the listing process for business personal property and said the county applied North Carolina Department of Revenue trend factors to depreciate assets (furniture, fixtures, computers) to determine taxable value. The presenter noted the appellant cited a statutory exemption (105-274 in the transcript) but had not produced evidence of an exempt status; the county therefore recommended the assessed amount stand.
A board member moved to follow the county recommendation; the board seconded and voted aye to let the assessed amount stand.
No public commenter appeared in person or online on this item, and the board moved on to other agenda items and adjourned.
