More property tax appeals OK’d in Eagle County
Eagle County commissioners present: Jon Stavney, Sara Fisher. Peter Runyon was absent, attending a conference.
What they did: The commissioners, meeting as the Eagle County Board of Equalization, approved the latest recommendations from the five hearing officers conducting property value appeals.
How they voted: Yes: Fisher, Stavney.
The numbers: Over the last week, the hearing officers have conducted 628 hearings. Of those 311 property owners had their values adjusted, 212 were denied. There were 105 “stipulations,” basically, compromises between property owners and the Eagle County Assessor’s Office.
Something else: More than 2,600 appeals have been filed this year. The hearing officers have until early August to finish the hearings.
Why this matters: The original map – which is used by lenders and others to determine if a homeowner needs flood insurance – was done in the late 1970s and early 1980s, and has a number of flaws.
The new map – which may get final federal approval about the middle of next year – may give some insurance-bill relief to nearly 100 property owners in the neighborhood.
What they did: Runyon is the commissioner authorized to sign the documents to be sent to the feds. Stavney and Fisher voted to authorize Runyon to do that.