Tax Type
Property Tax
Description
Federal Government;Improvements Made as Lessee
Topic
Exemptions
Date Issued
04-04-1974
The value of improvements made by the Federal government to a building leased from a private owner is included in the assessed value of the building. The government converted the building from industrial space to office and laboratory space and installed heating and air conditioning systems. These improvements are part of the realty even though the government retains title to them.
Attorney General's Opinion