Petersen’s Appeal Approved

•September 20, 2017•

By Mike Brothers

Settling a tax dispute with the owners of Mason Point will cost some Moultrie County taxing bodies.

Supervisor of Assessments Lori Barringer explained the settlement for tax years 2013-2018 for the Petersen Health Care VIII LLC facility was based on a negotiated $5 million fair market value for the property with a new assessed value of $1,666,500.

Mason Point taxes for 2015 should be $153,303.30 including interest. With the reduced tax bill going back to tax years 2011 and 2012 Petersen will get tax refunds from Sullivan Schools, East Nelson Twp., Lake Land College, Sullivan Fire Dist., Moultrie County and East Nelson-Whitley MTA 2.     Login or Subscribe to read the rest of this story.