BOE accepts $162K reappraisal contract

A potential $3 million correction was reviewed at the Tax Equalization Review Committee (TERC) and returned to Kimball with just a $1.8 million correction. Kimball County Assessor Sherry Winstrom updated the Board of Equalization (BOE) about the matter at their regular meeting on Aug. 2 prior to contract review for Stanard Appraisal Services.

Inspection Oilfield Services (IOS) believed their personal property was worth 2.9 million although the assessor’s office had it listed for 5.9 million. After review, the assessor realized there was some stock exchange and adjusted taxable property to 4.1...