Board of Equalization and Review | May 6, 2026

The Union County Board of Equalization and Review convened on May 6, 2026, to hear multiple property tax assessment appeals from various taxpayers. Key procurement-related discussions centered on property valuations, with taxpayers challenging the county's assessed values based on factors such as comparable sales, school districts, property conditions, and income approaches for commercial properties. Several motions were passed to uphold or adjust property values after deliberations, including tabling one case to allow further research on comparable properties within the same school district. Notably, a significant discussion involved the valuation of a Kohl's property, where expert testimony highlighted differences between fee simple and lease fee valuations, cap rates, and income approaches. The board also addressed appeals related to apartment complexes, considering income and cost approaches, capital expenses, and occupancy rates. The meeting concluded with motions to finalize assessments and adjourn, with the next meeting scheduled for May 20, 2026.