AP Hotels of Illinois, Inc. v. Franklin County Board of Revision

{¶ 1} The Board of Education of the Canal Winchester Local School District (“BOE”) appeals from a decision of the Board of Tax Appeals (“BTA”), in which the BTA adopted a reduced valuation of an Amerihost motel property. The BTA predicated the reduction on the report and testimony of an expert appraiser that the owner, AP Hotels of Illinois, Inc., presented to the BTA. On appeal, the BOE contends that the BTA erred by adopting a valuation that the appraiser had certified as of January 1, 2003, as the value of the property on January 1, 2002. In support of the BTA’s decision, the property…