County Commissioner Paul Gross was disputing a property tax value
The Ohio Board of Tax Appeals has ruled in favor of Madison County Commissioner Paul Gross and his wife, Kirsten, in a dispute over the value of a condominium.
The Columbus Dispatch reports that state board agreed with the Grosses that the condo should be valued at its April 2011 purchase price of $105,000 because it was an "arms-length" transaction that fairly reflected its value.
Auditor Jennifer Hunter had valued the property at $113,120 based on the appraisals of similar condos, with the county Board of Revision upholding her valuation in rejecting the Grosses’ appeal.
The couple then appealed to the state board. The reduction in the value of the condo will save the Grosses about $120 a year in property taxes.