Panel sides against Lowe’s in Bexar County ‘dark store’ property value dispute – Joshua Fetter – San Antonio Express News

A Bexar County arbitration panel rejected arguments by Lowe’s Home Centers to value some of its San Antonio area stores as if they were empty instead of functioning businesses, according to a seven-page decision issued Wednesday.

It’s an argument the North Carolina-based company has successfully used in Michigan and Indiana where major retailers have driven down property values and tax revenue. City officials say a victory for Lowe’s could cost area taxpayers more than $272 million over five years if the home improvement retailer wins.

Read More…http://www.expressnews.com/business/local/article/Panel-sides-against-Lowe-s-in-Bexar-County-10854394.php

Pines Village seeks to restore exemptions on $20 million in property – NWITimes.com – Bob Kasarda

The Pines Village Retirement Communities in Valparaiso has appealed to the state to recover tax exemptions on more than $20 million in assessed value on its apartments and Meridian Woods Homes condominium development.

Read More…http://www.nwitimes.com/news/local/govt-and-politics/pines-village-seeks-to-restore-exemptions-on-million-in-property/article_e7d517a4-6296-5f10-a053-4c8764606262.html

Tax court to consider local CVS assessments – Herald Times Online – Ernest Rollins

The Indiana Tax Court will hear oral arguments on Thursday concerning Monroe County’s appeal of an Indiana Board of Tax Review decision regarding tax assessments of a Bloomington CVS store.

Last year, the nationwide pharmacy chain’s store on North College Avenue appealed county assessments from 2009 to 2013 and won. If that ruling is upheld, it could mean the county has to pay a refund projected to be more than $150,000…

Read More…http://www.heraldtimesonline.com/news/local/tax-court-to-consider-local-cvs-assessments/article_531f92cf-654d-5f4a-b10d-644eea065110.html

Lake County Notices Are Out For 61,000 Parcels, Are You Over-assessed?

More than 61,000 Lake County property owners should have received notices by now in the mail detailing the changes to their assessed values for 2015.  Although Lake County does not always send notices, about one fourth of the county’s parcels have already gone through the first year of the general reassessment and their values have been adjusted accordingly.

Is your commercial or industrial property being over-assessed?  Now is the time to act.  If you received a notice from the assessor’s office don’t wait until the tax bills come out.  It will be too late.  Give us a call to have a risk-free review and analysis performed on your property.  You could be over-paying valuable tax dollars that could be used toward your bottom line.

The deadline is coming up November 30th for all Lake County tax payers that received a notice on their property.

219-472-8682