The Clark County Board of Equalization convened on February 24, 2026, at 8:00 AM to hear appeals and consider assessor recommendations for property valuations and tax exemptions. The board adopted the agenda, swore in petitioners and assessor staff, and received a standard statement from the District Attorney regarding the board's authority to correct valuations, limitations on reducing taxes, and conflict-of-interest rules. The meeting proceeded through consent items, public comment, procedural rules, and individual case hearings.
Good morning. This is Clark County Board of Equalization hearing for February twenty fourth, two thousand twenty-six. County clerk has informed us that this meeting has been posted and properly noticed at this time. Can we please call the roll? Terry Farr. Present. Tammy Campo here. Paul Chafee. Petra Latch. Here. Thank you. Motion to adopt the addenda. Please cast your votes. Seeing none, I will close the microphone. At this time, we need to swear in the petitioners. Anyone who intends to testify on behalf of the petitioners and members of the assessor's office, please stand and face the county clerk to be sworn in the folks. If any of you intend to testify, you need to swear to get sworn in with the standard. The county board of equalization has the authority to determine and then change the correct and correct the value of any property that was assessed by the assessor if the board finds it to be incorrect. They may change or correct any valuation they find to be incorrect by either adding to it or deducting from it the amount necessary to make it conform to the taxable value. The county board of equalization does not have the authority to lower taxes or make decisions based on comparison of tax bills. There are only two situations in which county board of equalization may reduce the assessment made by the county assessor when an inequity exists or when taxable value is higher than full cash value. Under NRS 361.356, if a taxpayer believes there is an inequity in the assessment and their property was assessed higher than another property that is identical in use and has a comparable location. Or they may raise or lower the value of the property that was used as the comparable property. Under NRS 361.357, if a taxpayer believes the full cash value of their property is less than the assessed taxable value for the fiscal tax year being appealed, the board may review the assessor's determination. If the board finds that the full cash value on the January 1 prior to the fiscal year being appealed is less than the taxable value, the board may correct the land value or fix a percentage of obsolescence that is to be deducted from the improvement value to ensure the total taxable value correspond as closely as possible to its full cash value. Under NRS 361.355, if a taxpayer believes their property is overvalued by reason of another property being undervalued or not assessed, the board may examine any evidence submitted and then make a determination. If the board finds the property complained of is undervalued or not assessed, they may increase the taxable value or place the property on the tax roll at its taxable value. A public officer must disclose potential conflicts in public to the chair and other members of the board. If a public officer has a personal financial or private commitment that could reasonably affect their decision on an issue, they must publicly disclose this information to the chair and board before taking any action. Additionally, the public officer must not vote on, promote, or participate in deliberations on an issue if a reasonable person would believe their judgment could be influenced by a gift or loan, a significant financial interest, or a personal or private obligation to another party. The Clark County assessor is required by law to value all property for tax purposes. For real property, the statutes provide for a bifurcated valuation system for each parcel, land and improvements. The land is valued based on market value. Improvements on the land, such as the homes, commercial buildings, or other structures are assessed at replacement cost using Marshall and SWIFT. Depreciation is then subtracted from that replacement cost at 1.5% per year based on the age of the property. The land value is then added to the improvement value, and this determines the total taxable value. Market value is utilized when valuing the land only and is not used to determine the value of any improvements on the land. The assessor's office can then test the land and or total taxable value to determine if the valuation is correct. This process is laid out in more detail in Nevada revised statutes and Nevada Administrative Code Chapter 361. Thank you. Thank you. Agenda item six. We have assessor recommendations for 2526 and 2627. Yes, Chairman Farr, uh, Marianne Widener for the record. Uh page five, you'll find the assessor recommendations beginning on page five of your agenda. Thank you. Accept the assessor recommendations on page five. Please cast your votes. That motion passes. Now we have assessor recommendations for approval of property tax exemptions submitted after June 15th.