Johnson County overvalued 11 big-box retail stores by about $60 million, a state appeals court has ruled, potentially firing up the ongoing debate over whether property should be appraised as if it’s vacant, or “dark.” The Kansas Court of Appeals on Friday upheld a decision by the state’s tax appeals board that found the county incorrectly valued a group of Walmarts and Sam’s Clubs by about $60 million in 2017 and $63 million in 2016. The new ruling comes several months after a separate panel of appeals court judges SSJ.
Source: Sunflower State Journal