The requesters sought a review of an Assessment Review Board decision regarding the valuation of their property for the 2017 and 2018 taxation years.
They argued the Board erred by failing to apply a $10,000 reduction for abutting commercial properties and a 35% reduction for shoreline and floodplain characteristics.
The Associate Chair found no error regarding the $10,000 reduction, as the original panel reasonably preferred the respondent's evidence.
However, the Associate Chair found a lack of clarity regarding whether the 35% reduction was actually applied to the final valuation, constituting an error that warranted a rehearing on the valuation issue.
