Yellow Freight System, Inc. v. Johnson County Board of County Commissioners

Marquardt, J.:

The Johnson County Board of County Commissioners (County) appeals the district court’s decision reversing the Board of Tax Appeals (BOTA), which had found in favor of the County regarding the value of Yellow Freight System, Inc.’s (YFS) and Yellow Equipment’s property for the 1999, 2000, 2001, and 2002 tax years. We reverse.

YFS’s property at issue is their corporate headquarters. The YFS’s Johnson County building has approximately 342,003 square feet and YFS is the only tenant. One witness testified that the building is located in an area that is “ideal” for an office building…