Krings v. Garfield County Bd. of Equalization

The County Board of Equalization determined that land owned by Ladd Krings was not agricultural or horticultural land. On appeal, the Tax Equalization and Review Commission (TERC) upheld the Board’s decision but further concluded that the value of Krings’ property should be equalized with the value of agricultural and horticultural land. Determining that the assessor’s assessments of agricultural and horticultural land to be impermissibly low, TERC subsequently equalized Krings’ property by reducing its assessed value. The Supreme Court (1) affirmed the portion of TERC’s order determining that Krings’ land was nonagricultural and nonhoricultural; but (2) reversed the portion of the order in which TERC equalized the value of Krings’ nonagricultural, nonhorticultural land with the value of agricultural and horticultural land in the county, as this decision did not conform to the law. Remanded.

Krings v. Garfield County Bd. of Equalization