Banks v. Schooley

MANN, Chief Judge.

Banks holds, as trustee, more than 4,000 acres on Little Pine Island in Lee County, It was assessed in 1967, 1968, 1969 and 1970 for $346,400. In 1971 the assessor valued it originally at $2,000,000, and that figure was reduced by the Board of Adjustment to approximately $1,500,000. Banks’ claim that the assessment was “arbitrary, capricious, excessive, unequal and discriminatory,” was held to have been unproved by the trial judge. It is true that the assessment was not shown to be excessive, but it is shown clearly to be arbitrary, capricious, unequal and discriminatory.…