Cleveland Board of Education v. Cuyahoga County Board of Revision

For the reasons that follow, we affirm the decision of the BTA.

EOB contends that the BTA erred in rejecting a recent arm’s-length sale of the property and, instead, relied on an appraisal using the income approach to valuation; that the BTA’s decision did not specify what adjustments were made from the sales price; and that the BTA’s decision did not explain the basis for its true value conclusion. We disagree.

The determination of true value or fair market value of property for tax purposes is a question of fact which is primarily within the province of the taxing authorities. N. Olmsted Bd.…