Business property tax appeals proceed

Business property homeowners filed a torrent of appeals earlier this yr after town elevated the bottom land worth by 50% all through the borough, triggering property tax will increase for native enterprise homeowners.

On Wednesday evening, Jeff Rogers, finance director for the Metropolis and Borough of Juneau, advised town’s Finance Committee that 130 of 210 industrial property appeals had been closed and 80 appeals stay open.

Rogers mentioned the Board of Equalization has not but present in favor of an appellant and that 4 appellants are continuing to the superior courtroom in a quest to overturn this yr’s tax evaluation.

“It’s been difficult and has consumed a ton of sources on town facet and for appellants,” Rogers advised committee members. “I perceive that appellants are fairly pissed off by the choices of the BOE.”

Rogers defined that in an attraction, the burden of proof falls upon the appellant, who should show the assessor made an error whereas assessing the parcel.

“The method is about discovering and correcting errors. It’s not likely about evaluating opinions,” Rogers mentioned.

Rogers mentioned that appeals transfer ahead at a tempo of about ten circumstances every week.

“I want I may inform you after we could be carried out. We are going to preserve shifting,” Rogers mentioned. “We received’t be carried out by the brand new yr. Among the circumstances are simply very sophisticated.”

Escalating evaluations

After a decade of comparatively flat assessments, industrial property homeowners noticed their property’s assessed valuation enhance dramatically earlier this yr after town elevated the bottom land worth all through the borough by 50% as a part of the evaluation.

Earlier this yr, CBJ confronted a report variety of appeals over the method.

In prior conferences and interviews with the Empire, Rogers mentioned town used a mass appraisal mannequin to find out the correct evaluation stage. He mentioned the mannequin checked out accessible promoting costs and in contrast them to assessed worth. He mentioned the assessor works with minimal information as a result of patrons and sellers are usually not required to reveal gross sales information to town.

Opponents contend that every part of city ought to be evaluated independently.

• Contact reporter Dana Zigmund at [email protected] or 907-308-4891.

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