Board of Equalization – Property Valuation
Discussing your Assessed Value with the Assessor
In all cases, we encourage you to consult with the County Assessor who values your property. You may find that your concern can be addressed and no more time or effort on your part will be needed. Before submitting a property valuation appeal, please attempt to settle the dispute by calling the Assessor’s Office at (208) 752-1202. If you are still unable to reach an agreement, it is your right to file an appeal with the Shoshone County Board of Equalization (BOE).
Property Assessment Appeal Process
The role of the BOE is restricted to assuring that the assessed market value found by the Assessor is in accordance with the provisions of Idaho Code 63-502. Because of this, they determine if the market value placed on your property is fair and accurate.
Understanding your Assessed Value
The Assessor is required by state law to place current market value on all taxable property each year. This value is determined by an appraisal process, which includes analyzing constructions costs, reviewing recent sales data, and may require a personal visit to the property. These values are based on sales concluded prior to January 1 of the current year.
Filing the Appeal
Board of Equalization appeals can only be based on factual data regarding comparable sales of differences individual properties from comparable sales. Appeals cannot be based on dissatisfaction with the current law or how much of an increase has taken place since the last time your property was assessed. Board of Equalization appeal cannot be made on the basis of how the valuations might affect future property taxes.
A copy of your Assessment Notice must accompany your application. Return the completed appeal form (one form per parcel) along with fourn (4) copies (5 total sets) to the Shoshone County Commissioner’s office, 700 Bank Street, Suite 120, Wallace, ID 83873. Completed forms must be filed on or before the 4th Monday of June at 5:00 p.m. (Idaho Code 63-501A). We encourage you to file your appeal form as soon as you determine you wish to appeal as opposed to waiting until the last day to file. No late valuation appeal forms will be accepted.
Presenting your Appeal to the BOE
All 2019 appeal hearings will be held between Tuesday, June 25th and Monday, July 8, 2019 (pursuant to Idaho Code). For an oral hearing, you will receive a meeting confirmation via email, if you provided us with an email address. Otherwise, a notice will be mailed to the mailing address you provided on your appeal application. Our office cannot be held responsible for lost or misdirected mail For a written hearing, your appeal will be considered no later than the second Monday in July pursuant to Idaho Code 65-501. You will be notified of the Board’s decision by mail.
NOTE: A copy of your Assessment Notice must accompany your appeal No late appeal forms will be accepted. For questions regarding property valuation appeals in Shoshone County, please contact the Assessor’s office at (208) 752-1202.
How to file a Property Value Appeal
STEP ONE: Speak to the County Assessor.
If you have questions about how your property was assessed or disagree with the assessed value, the first step is to contact the Assessor’s Office at (208) 752.1202.
STEP TWO: Submit appeal package on or before June 24, 2019 at 5:00 p.m.
Pursuant to Idaho Code 63-501, this form must be completed in its entirety and received in the Shoshone County Commissioner’s Office no later than 5:00 p.m. on June 24th. Provide one (1) original packet along with fourn (4) copies – total of five (5) sets.
STEP THREE: The Appeal Hearing.
Date and time of hearing will be assigned by Board of Equalization staff. Due to time constraints imposed by Idaho Code, your appeal date and time are not subject to choice or change.
Choose what kind of hearing you would like:
Written Hearing – if you cannot appear in person and want the BOE to consider your appeal based on the documents that you attach to you application.
Oral Hearing – if you want to attend your property value hearing and testify.
Hearing Rules & Procedures
Purpose of the Board of Equalization
The Board of County Commissioners serve as a County Board of Equalization and is charged with the responsibility of equalizing value. The Board is to determine if the market value placed on your property is fair and accurate – not whether the tax is too high or if you can afford to pay the full amount on your property tax statement.
The Board has until the 2nd Monday in July to complete decisions on equalizing assessments.
If you do not agree with the BOE’s decision, you can appeal to the State Board of Tax Appeals. Forms are available at the office of the Board of Commissioners and must be filed within thirty (30) days of your written decision notification.
This is a quasi-judicial hearing and will be recorded as required by law. You will be sworn in to present testimony.
The Chair of the BOE will open the hearing with instructions and preliminary comments.
The property owner (Appellant) will present first. You will be allotted approximately ten (10) minutes to present your factual data on comparable sales, demonstrating why you believe your property is assessed above market value. The property owner has the burden of proof in seeking affirmative relief to establish that the determination of the Assessor is erroneous.
The Assessor’s office then presents their case with the same allotted time.
Each party will then be offered the opportunity for a closing statement.
The Board will close the public part of the hearing and the Chairman will open the hearing for Board discussion. The Board will make a motion/decision and the hearing will be over.
Rules of the Hearing
It is important that the hearing be formal and that all individuals conduct themselves professionally.
No interruptions will be allowed. Parties are only allowed to speak when the Chair of the BOE indicates that it is their allotted time for presentation, questions or closing statements.
Exhibits should be copied and distributed in advance of the meeting.