F & M Schaeffer Brewing Co. v. Lehigh County Board of Appeals

OPINION

BARRY, Senior Judge.

F & M Schaeffer Brewing Co./Stroh Brewing Co. (taxpayer-appellant), appeals an order of President Judge Backenstoe of the Court of Common Pleas of Lehigh County which denied the taxpayer’s appeal, determined the fair market value of the taxpayer’s brewery property for the years of 1984-1988 as $34 million, and established the property’s assessed value as follows: $8,432,000 for 1984; $8,058,000 for 1985; $7,548,000 for 1986; $6,936,000 for 1987; and $6,120,000 for 1988.

We must decide whether the trial court erred by (1) applying a replacement cost approach to…