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Thursday, December 11, 2014

Diamond location wins tax assessment appeal

The Valley School of Ligonier has won a tax assessment appeal for an East Main Street property on the Diamond in Ligonier.
The Westmoreland County Tax Assessment Appeals Board agreed with appraiser Gary Hayden's testimony that the fair market value of the building, which the school leases to Citizens Bank and Janney Montgomery Scott, should be $1.35 million.
Previously, the implied market value of the property, based on an assessed value of $374,410 multiplied by the Westmoreland County Common Level Ratio of 5.18 percent was $1,939,443.80.

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