How is a property tax assessment appeal decided?

When property owners in South Dakota disagree with their local government’s assessment of value for their property, they can appeal the assessment to the Board of Equalization. This board, which is made up of county officials, holds hearings to decide whether the assessment is fair and accurate. The appeal process begins with a property owner filing a formal appeal with the county auditor, and providing evidence supporting their case. This evidence can include photographs, contractor bids, appraisals, and other documents. The Board of Equalization, or BOE, holds a hearing to review the appeal. During the hearing, the BOE will hear arguments from both the property owner and the assessor about the validity of the assessment. The property owner will have a chance to explain why they disagree with the assessment, and also present evidence to help support their case. After the hearing, the BOE will make a decision regarding the assessment. The BOE can either uphold the assessment as it is, or adjust it either up or down, depending on the evidence presented. This decision is then reported to the county, and is binding until the property is next reassessed. Property tax assessment appeals are an important way for property owners to make sure they are taxed fairly and accurately. By understanding the BOE appeal process, property owners can ensure that their assessments are assessed fairly.

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