AGCO Initial Proposal: $2,600,000
County Initial Proposal: $10,978,000
Final Appraisal: $7,500,000
Assessed Value Difference: $850,547
Impact On USD 460: -$52,000
Impact On City: -$27,829.90
Impact County: -$26,748.86
The AGCO valuation and tax dispute has been resolved.
According to County Appraiser Craig Clough, AGCO has accepted the County’s appraisal.
“Both AGCO and County each had separate appraisals completed by appraisers who specialize in complex industrial properties. The appraiser for the County came in at $ 7.5 million on the main large parcel that includes all of the offices and manufacturing. AGCO agreed to the $7.5 million appraisal,” he said.