Bannock County | minutes | meeting 2026-07-02 | July 2, 2026, Board of Equalization source: https://www.bannockcounty.gov/wp-content/uploads/2026/07/20260702-BOE-Minutes-Final.pdf July 2, 2026, BOE Minutes Meeting Details Date of Meeting: Thursday, July 2, 2026 Commissioners present: Jeff Hough, Ernie Moser, and Ken Bullock Clerk of the Board: Nancy Allen for Jason C. Dixon Absent Board Members: Staff present: Assessor Anita Hymas, Appraiser Kami Brown, Appraiser Celeste Gunn, and Appraiser Jason Hooker Meeting Notes 1 10:01 AM Hough called the meeting to order. Moser moved to enter the Board of Equalization. The motion passed Hough reviewed the hearing rules and process. Allen administered an oath to those testifying. Leslie, Derek & Holli - RPRRSH2000505 10:03 AM Derek Leslie reviewed the assessment went up 30% or $287,222 over the last two years. Values for residential real estate during that time have been relatively flat. The increases were 13% and then 14% at a time when there was little appreciation in real estate. After speaking with the Assessor’s Office, it was realized the loft above the garage has been assessed the same as the main level. The second level is up in the attic and should not b valued the same. The square footage calculations are not accurate. In exhibit 2, there are a lot of calculations that a not accurate. The plans to build the home were submitted and have the accurate numbers. With the design, it’s difficult to measure. Comparable sales reviewed show the value of this home should be significantly less and the average adjusted value is $1,056,050. 10:07 AM Appraiser Brown reviewed the documents sent in. Regarding the value increase, after inspecting the property, some additions were found. After looking at the design plans, adjustments were made to the square foota A shed that was added on was removed as it had a porch making it smaller than the requirement to list. It was recommended that value, after adjustment, be set to $1,213,428. 10:09 AM Leslie questioned comparable sales. Brown reviewed the comps that came in at $237, $199, and $157 p square foot. 10:11 AM Contradictions were shared regarding the opportunity to meet with an appraiser. Moser moved to adjus the value to the recommended $1,213,428. Bullock pointed out the value came down $119,000. The motion passed Appeal rights were reviewed. Sudweeks, Daren & Becky - RPR4013052700 10:13 AM Appellants were not present. Appraiser Brown explained the reason for the value increase is the BTA decision expired and the value went back up to market value. Bullock moved to uphold the assessed value for parc RPR4013052700. The motion passed. Wildwood Holdings LLC - RPR3851024002 10:14 AM Dale Kirkham Jr. forgot about the three-day limit to submit materials. He submitted an overhead map o the parcel and reviewed this is an 8.66-acre parcel. There is no power and it will take approximately $30-$40,000 put in power. There is no well, water, nor sewer. There is a 16% grade and it is substandard. At the top of the property, there’s a square part that is semi flat. The rest is mountain. The appraiser said they adjusted the value 20 but there should be more consideration. There’s a BLM retention pond that leaks and runs through the property. There is one semi-flat acre and seven acres are mountain land. The neighbor’s value is $2,433 per acre on 10 acres MINUTES OF THE BANNOCK COUNTY BOARD OF EQUALIZATION July 2, 2026, BOE Minutes The same mountain he has is right across the fence. The proposal is to consider the same mountain on this parcel a $2,433 per acre making the value at $51,977. 10:17 AM The parcel number for the neighbor was questioned. 10:19 AM Appraiser Gunn reviewed the parcel is up Buckskin and the area has a lot of topography issues for all parcels in the area. The topography was reviewed and there’s a 20% discount that carries year after year. This year based on sales, the adjustment was $45,578. There are no well or septic in the value. The comparable sales show th value is low. All the comparables and the area is nothing but mountains. Bullock suggested to delay the decision f appraiser to investigate the value for the neighbor. 10:21 AM Gunn explained values for contiguous parcels and that if the property is not a sale, the value cannot be used. The matter is tabled. These appeal applications were considered administratively and appellants were not present: Martin, Peter - MHMHRTP00D900; H&H Development - MHMHRTP00B202; Morrigan Revoc Living Trust, Brennan - MHMHRTP00A206; MHMHRTP00A301; MHMHRTP00A401; MHMHRTP00A502; MHMHRTP00A601; MHMHRTP00A901; MHMHRTP00B101; MHMHRTP00B302; MHMHRTP00B403; MHMHRTP00B501; MHMHRTP00B706; MHMHRTP00B802; MHMHRTP00B901; MHMHRTP00C202; MHMHRTP00C303; MHMHRTP00C402; MHMHRTP00C501; MHMHRTP00C701; MHMHRTP00C803; MHMHRTP00D105; MHMHRTP00D201; MHMHRTP00D302; MHMHRTP00D401; MHMHRTP00D501; MHMHRTP00D601; MHMHRTP00D702; MHMHRTP0A1102; MHMHRTP0A1203; MHMHRTP0A1303; MHMHRTP0A1401; MHMHRTP0C1001; MHMHRTPA10001; and MHMHRTPD10001 10:24 AM Appraiser Gunn reviewed the complaint is based off the values increasing. Comparable sales were obtained for each parcel number and show the values are right where they need to be based off year built and squa footage. All mobile homes did go up this year. They were low and the state requested to bring them up. Hough moved to accept the recommendation and uphold the assessed values for all the mobile home parcels. The motion passed. Smith DDS LLC, R Kim - RPRPPOC225700 10:27 AM Appraiser Hooker explained this building used to house Sumisu. He had a good conversation with the owner. Consideration was given with some depreciation in the form of market obsolescence as it has been listed fo over a year. It was recommended to lower the value to $482,572. Moser moved for parcel RPRPPOC225700 to accept the recommended value of $482,572. The motion passed. Peek Revocable Trust, Robert L and Lynn Ware - RPRPPOC243100 10:29 AM Appraiser Hooker explained this is an office building on 2nd Street. The appellants have spoken with him few times over the years. Hooker looked for an opportunity to make adjustments and offered to inspect the buildin but then communications stopped. He could not find any reason to make an adjustment. It was recommended to uphold the value. Bullock moved to uphold the value for parcel RPRPPOC243100. The motion passed. Simoncre Prospector LLC - RPRCPIN000100; RPRCPIN000200; RPRCPN2000100; RPRCPN2000200; RPRCPN2000300; RPRCPN2000400; and RPRCPN2000500 10:31 AM Appraiser Hooker reviewed this is the third year to work on this property. For most part, the tax attorne sent in the same packet. They put in some new data, but that information shows the new lease rates they are gettin far exceed the appraiser’s original estimates from two years ago that they submitted. The biggest issue is the appellant is still describing the property as a partially demolished shopping mall, but at this point, it is a commerci property undergoing a large amount of redevelopment with a lot of success in progress so far. The appraiser’s estimates value the building based on an average lease rate of $8.30 per square foot, but the newest property they completed is being leased at over $30 per square foot. The property is not overvalued. It was recommended to uph the assessed value. 10:32 AM Questions were addressed on consolidating the parcels. The developer is splitting the parcels. An exam would be the parcel with The Buckle and Bath and Body Works that is listed at just under $5 million. It appears th as each parcel is completed, they will likely find an investor to sell each off to. Moser moved to uphold the assesse value on these properties. The motion passed. LA Semiconductor LLC - RPRPCPP110700 10:33 AM Appraiser Hooker reviewed that appellant was working to get a legal release to share the broker’s opini of value and he still hasn’t seen that. The state helps with industrial properties using a trended investment method. July 2, 2026, BOE Minutes That method is used on these properties every year. Without additional information, there’s no opportunities on ou side to change the value. This is a unique property that could have further implications. 10:34 AM Hymas shared concerns, without much data to use, if this goes to BTA or district court and gets reduced it could be a big hit to the districts in the fall. An adjustment, if any were necessary, would be better to happen at t level. The state calculated the value for the County using the same method they use every year. It is based on the information submitted to us. Basically, all industrial properties submit industrial reports. There’s a formula to use their information to calculate that value. Without seeing the broker’s opinion of value, it’s hard to say. However, t broker’s opinion is not the same as an appraisal, but just an opinion. 10:37 AM Production began to wind-down in April. Hooker has fielded phone calls with brokers and insurance agents. They all agree it’s a unique building and is difficult to pin down a value and that is why we rely on the stat method of using their own industrial reports to do that. If this is what the state recommended, the Board is reluctan to adjust the value. Moser suggested to table this parcel to investigate the listed sale value. 10:39 AM Hooker reported there’s been a change in receivership. The details are a little murky and we need more information. Hooker will request information for Tuesday. 10:40 AM Hymas reviewed corrections were made and listed in Exhibit B. Moser moved to accept Exhibit B and approve the listed adjustment. The motion passed. Bullock moved to exit the Board of Equalization. The motion passed. Parcels included in the exhibit were: Parcel PIN Owner Name Proposed Corrected Land Value Proposed Corrected Improvement Value Proposed Corrected Value Total RPRPMVA005902 Cooper, Micah $12,349 $3,710 $16,059 RPRRPPA000400 Schmidt, Eric $107,698 $741,228 $848,926 RPR3851025004 Denison, Randy Jr $178,890 $514,438 $693,328 MHMHPSC002801 Bowman, Jeffrey $0 $26,264 $26,264 MHMHPSC005202 Bowman, Jeffrey $0 $25,760 $25,760 MHMHPSC002901 Bowman, Jeffrey $0 $28,473 $28,473 MHMHPOT011903 Investors Unlimited LLC C/O Chris Robinson $0 $7,160 $7,160 RPRPTGR00100 Fackrell, Robert $108,750 $651,106 $759,856 RPRPTLA000800 Ormond, Errol K $31,801 $0 $31,801 MHMHRCR002005 Lattimer, Wanda $0 $21,250 $21,250 RPR4261000109 Dries, Fred $2,550 $5,130 $7,680 RPRRTM2007600 Dries, Fred $67,533 $0 $67,533 RPRRTM2007300 Dries, Fred $32,767 $0 $32,767 RPRRBLA000200 Brunson, Jennifer $97,852 $795,616 $893,468 MHMHPH2002502 Furrows, Albert R $0 $38,834 $38,834 MHMHPRR002404 Idaho LLC Albert Furrows $0 $24,051 $24,051 MHMHPRR001803 Idaho LLC $0 $31,206 $31,206 MHMHPH100B903 Idaho LLC $0 $7,394 $7,394 MHMHPH10D1204 Idaho LLC $0 $38,794 $38,794 MHMHPSB003200 Idaho LLC $0 $29,420 $29,420 MHMHPSB003101 Idaho LLC $0 $34,077 $34,077 MHMHPB5001606 Idaho LLC $0 $32,400 $32,400 MHMHCCA000103 Idaho LLC $0 $27,880 $27,880 MHMHPSV00B504 Idaho LLC, Rusten Furrows $0 $20,200 $20,200 MHMH001173000 Recycle Contractors $0 $63,472 $63,472 RPR4227020800 Lowe, Mark & Lorraine $83,225 $487,705 $570,930 July 2, 2026, BOE Minutes Action Item Summary ACTION/DIRECTION ASSIGNED TO Acting as the Board of Equalization, values were upheld for parcels: RPR4013052700; MHMHRTP00D900; MHMHRTP00B202; MHMHRTP00A206; MHMHRTP00A301; MHMHRTP00A401; MHMHRTP00A502; MHMHRTP00A601; MHMHRTP00A901; MHMHRTP00B101; MHMHRTP00B302; MHMHRTP00B403; MHMHRTP00B501; MHMHRTP00B706; MHMHRTP00B802; MHMHRTP00B901; MHMHRTP00C202; MHMHRTP00C303; MHMHRTP00C402; MHMHRTP00C501; MHMHRTP00C701; MHMHRTP00C803; MHMHRTP00D105; MHMHRTP00D201; MHMHRTP00D302; MHMHRTP00D401; MHMHRTP00D501; MHMHRTP00D601; MHMHRTP00D702; MHMHRTP0A1102; MHMHRTP0A1203; MHMHRTP0A1303; MHMHRTP0A1401; MHMHRTP0C1001; MHMHRTPA10001; MHMHRTPD10001; RPRPPOC243100; RPRCPIN000100; RPRCPIN000200; RPRCPN2000100; RPRCPN2000200; RPRCPN2000300; RPRCPN2000400; and RPRCPN2000500. Values were adjusted for parcels: RPRRSH2000505 and RPRPPOC225700. Decisions were tabled for parcels: RPR3851024002 and RPRPCPP110700. Corrections from Exhibit were approved for parcels: RPRPMVA005902; RPRRPPA000400; RPR3851025004; MHMHPSC002801; MHMHPSC005202; MHMHPSC002901; MHMHPOT011903; RPRPTGR00100; RPRPTLA000800; MHMHRCR002005; RPR4261000109; RPRRTM2007600; RPRRTM2007300; RPRRBLA000200; MHMHPH2002502; MHMHPRR002404; MHMHPRR001803; MHMHPH100B903; MHMHPH10D1204; MHMHPSB003200; MHMHPSB003101; MHMHPB5001606; MHMHCCA000103; MHMHPSV00B504; MHMH001173000; and RPR4227020800 Assessor