New Castle County Department of Finance v. Teachers Insurance & Annuity Ass'n

BERGER, Justice:

In this case, a taxpayer appealed to the New Castle County Board of Assessment Review (the “Board”), seeking a reduction in the assessed valuation of a commercial property located in Wilmington, Delaware. The Board dismissed the appeal based upon the taxpayer’s failure to present competent evidence of overvaluation. The Superior Court reversed and, since the New Castle County Department of Finance (the “County”) had not presented any evidence of the property’s value, the Superior Court ordered that the property be reassessed at the amount urged by the taxpayer.

There are two…