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Commercial property the focus of protest hearings that begin Thursday | KRVN Radio

Commercial property the focus of protest hearings that begin Thursday

Commercial property the focus of protest hearings that begin Thursday
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Thursday is the first day for property valuation protests in Scotts Bluff County. It promises to be a period where there will be some conflict after 766 protests were filed, nearly 500 of those from commercial property owners who saw values increase after a full reappraisal this year.

County Assessor Amy Ramos says state law requires similar type property to be valued at between 92% and 100% of market value.

Ramos says many of the commercial property owners don’t think the increased values are that far off, but are worried about the impact on their tax bills, which Ramos emphasizes “they don’t have control of in their office.”

The schedule calls for commercial property protests to be heard July 6th and 7th, the 14th, and the 20 and 21st if necessary. Residential protests will be heard on Monday July 10th.

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