Incline Property Values Rolled Back

By: AP
By: AP

The Washoe County Board of Equalization has rolled back property values for 244 more Incline Village homes to 2003 levels.
The action marks another victory for residents who have been
fighting skyrocketing property taxes at the Lake Tahoe community
and methods used to determine land values.
The equalization board will decide next week whether all 7,000
parcels in Incline Village and Crystal Bay also should be rolled
back based on recent court decisions.
The Nevada Supreme Court in February allowed the board to roll
back land values based on a decision by Carson City District Judge
William Maddox that invalidated methods used by the assessor's
office.
But the court ordered no tax refunds for the new tax year in
July be processed until it reviews an appeal filed by the county.


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