Teutech Tax Assessment Appeal Resolved

 

 

Resolution 2017-6, which resolves a tax assessment appeal with Teutech, was approved by Cameron County Commissioners during their regular meeting held Thursday afternoon.

The Teutech Tax Assessment appeal sought to lower the property value of the light industrial facility located at 227 Barton Street in Emporium, and was filed in November of 2015.

The county, school district and borough have agreed to the market value determined by an assessor that places the property’s worth at $810,000. “The common level ratio of 67.57% should be applied to the market value, resulting in an assessed value of $547,297 effective January 1, 2016.”

 

 

 

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